New research on diversity has poked more holes through the glass ceiling separating the corporate banking executive from the female talent it needs.
Your Career | February 21st, 2017 | Continue reading »
The ABA has chosen former Queensland Labor Premier Anna Bligh – a genuine bolter - to lead the nation's peak banking lobby group.
Your Career | February 20th, 2017 | Continue reading »
ANZ has made two senior appointments, hiring a chief information security officer and a chief investment officer for its wealth business.
Your Career | February 14th, 2017 | Continue reading »
The bank has nabbed a data officer from Woolworths to take charge of ANZ's business intelligence capability.
Your Career | February 3rd, 2017 | Continue reading »
A senior PayPal executive has joined Tyro Payments while marketplace lender SocietyOne has hired a chief investment officer.
Your Career | January 25th, 2017 | Continue reading »
Americans choke on $1 coin stockpile
The UK newspaper The Telegraph reported recently that a mountain of 1.2 billion dollar coins is sitting unused in US government vaults because the American public is so attached to the traditional dollar bill. The US Mint has been producing vast numbers of the gold-coloured coins after being ordered to do so by Congress in 2005.
American taxpayers could save $500 million (A$524m) a year if they switched from paper dollars, which wear out quickly and must be replaced, to the more durable metal version, according to the US government accountability office.
Yet demand from banks for the coins has been so low that US$1.2 billion worth – which cost US$300 million to manufacture – are sitting in storage, an investigation by National Public Radio found.
According to The Telegraph, opinion polls show that three-quarters of the American public say they would prefer to carry on using the paper dollar bill, affectionately known as the “greenback”, which celebrates its 150th birthday next year.
Comment: AB+F Blog
Two early for reform celebration: The one-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act passing into law rolled quietly by last month... [more]
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