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Showing 981 - 990 of 5945 results for "Banks"

Chief economist update: Chinese green shoots?

BENJAMIN ONG  |  MONDAY, 2 DEC 2019
... (US$28.6 billion) worth of liquidity into China's financial system via its MLF (medium-term lending facility) loans to banks and the prior week's announcement reduction of the one-year MLF loans from 3.30% to 3.25% -- the first cut since 2016 ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... Management Project that commenced in 2014, and we were keen to test compliance by the broader industry beyond the major banks," ASIC said.

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
Financial Standard had been calling for it, central banks have, and now it's the Organisation for Economic Cooperation and Development (OECD). In its latest bi-annual economic global economic report released this month, the OECD maintained its Australian ...

Financial planning pioneer to speak at FPA Congress

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... to Australia last year: the government has passed a ban on grandfathered commissions paid to financial advisers, the big banks has hastened their exit of financial advice and advisers have sat two rounds of the new FASEA exams. "The Aussies are moving ...

Best of times, worst of times for advice

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... need for advice but then there's a lot of advisers getting out of advice." He expressed disappointment with Australia's big banks exiting financial advice. "The banks are doing their best to get rid of their obligations and liabilities as fast as they ...

Westpac faces 23 million breaches

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2019
... movement of money into and out of Australia through correspondent banking relationships. "Westpac has allowed correspondent banks to access its banking environment and the Australian Payments System without conducting appropriate due diligence on those ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... relaxation in lending restrictions. APRA announced in late-May that it is ditching its minimum 7% serviceability interest rate banks are required to apply when lending to borrowers (on top of doing away with its restrictions limiting banks' loans ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... prudential health on strong balance sheets, despite recognising the "financially sound and resilient" nature of the nation's banks, insurers and superannuation licensees. "Although governance, culture, remuneration and accountability are often termed ...

Value facing unprecedented rally: Schroders

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... indication that a rally in value is subject to a catalyst, but if there is one it likely lies in the movements of central banks. "There is no definitive reason, but the most likely reason is low interest rates," he said. "Growth and quality shares have ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... (US$28.6 billion) worth of liquidity into China's financial system via its MLF (medium-term lending facility) loans to banks on November 15 which, itself, came as a surprise for it followed the previous week's PBOC decision lowering the one-year ...