The Board of the Bank for international settlements (bis) announced on Sunday they have approved the establishment of a BIS Innovation Hub to foster international collaboration on fintech within.

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#10 Why investors should look beyond just owning bank shares By Michael O’Neill | 19 October 2018 Many Australian investors have long been able to sleep comfortably at night owning large holdings in "blue-chip" Australian bank stocks which have delivered high fully franked dividends and share price appreciation over many years.

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Rating Action: Moody’s assigns provisional ratings to Prime RMBS issued by GS Mortgage-Backed Securities Trust 2019-PJ2Read the full article at Moody’s

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APRA decides on lower capital target for banks. newtification.com

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Wholesale inventories increased 0.4% in May, as expected, on top of an unrevised 0.8% increase for April. Wholesale sales increased 0.1% following an unrevised 0.4% decline in April. The key takeaway from the report is that inventory growth continues to outpace sales growth on a year-over-year basis.

Jeff Munroe joined Newton in 1992, and was appointed as Chief investment officer in 2001 as CIO, Jeff is responsible for the effective functioning of Newton’s investment process.Jeff chairs the Investment Committee which acts as guardian of Newton’s investment philosophy and culture.Jeff is also a member of various Newton strategy and management groups.As a portfolio manager, Jeff specialises.