Finance Sector Union of Australia’s Post

As with most (Pink Onion African Talent) POATs who come from townships, rural areas and other low income space in South Africa - home ownership is a big deal. Most South Africans dream to own/invest in property and this is one of the options available to many young and old South Africa’s. Dream it, Work it, Live it. #financialmastery

👀 Have you heard? The Bank of Canada just added a new face to the table! 🤯 As of October 3, 2024,they’re appointing a second external deputy governor, expanding the interest rate-setting governing council from six to seven members —more minds, more ideas! And guess what? Nicolas Vincent, the first external deputy governor, is sticking around for another year, extending his term to March 2026. So, what does this mean for you? A more diverse team can lead to smarter decisions that affect everything from your mortgage rates to job opportunities. In these unpredictable times, having a variety of viewpoints at the table is a win for all of us. What are your thoughts on these changes? Do you think adding more perspectives will help shape better financial decisions? Let’s hear what you think! #BankofCanada #Economy #FinancialDecisions #InterestRates #CanadianEconomy #Leadership #DiversityInLeadership #MonetaryPolicy #EconomicGrowth #MortgageRates #JobMarket #Governance #Finance #FinancialPlanning #BusinessStrategy #MarketTrends #CanadianFinance #Innovation #PolicyChange #EconomicDevelopment #LeadershipMatters

The National Bank of Pakistan's (NBP) board has greenlit a substantial hike in the salary and benefits package of Rehmat Ali Hasnie, the bank's President and CEO. This move is expected to have a ripple effect on the bank's overall compensation structure. #NBP #SalaryHike #RehmatAliHasnie #PakistanBanking

How do we live and where is the last station of this injustice ?. Dear Sir, With due respect I beg to State that I was a permanent employee of Standard Chartered Bank since August 2015. I was posted in Kakrail Branch as a Senior Relationship Manager. I was working with sincerity & devotion for the development of SCB. On  05/02/ 2018 at 7 O’clock in the evening MR. Saniyat Rahaman Head of Sales [ID=1180421 Business clients Dhaka -2] instructed me to come to SCB Head office and accordingly considering the importance. I went there but unexpectedly MR Saniyat Rhaman by forced he ordered me to sign the paper unknown to me in presence of the HR official and the Kakrail Branch Manager MR. Rashedul Islam on the ground of performance issue. Though I requested them not to take away my Bread & Butter and short time for considering the matter Moreover requested them to consider the matter for a month. By this time you would be able to taste my performance. It is a matter of grate regret that rather they threatened me by saying this that if you don’t sign the paper with in thirty minutes. You will by no means be able to live this country.  But unfortunately they did not pay attention to my request and threatened me to face dire consequence.  Finding no other alternatives, I signed against my will. I did not have such bad and bitter experience in my carrier. It is mention able I worked in SCB From 2002- 2010 as a Team Leader during the period on several occasions, I achieved best performer award. Later in the year 2010, I joined ICBIBL (ICB Islamic Bank Ltd) where I worked up to 2015 as a Branch Manager of VIP road Branch before joining in SCB.   I am totally dependent on the job earnings, from which earnings I was running my family. Now the arising situation and covid-19 thrown me to the dying situation as I have no other earning source Moreover, I was availing a staff Loan against of my flat, for which I was repaying the monthly installment regularly. Since my Bread & Butter has taken away suddenly and during the out Break of Covid-19, now how I will run my family continuing my school going two kids education and at same time, how I will repay the said Loan installment which was granted me as a SCB staff. In the arising painful & unbearable situation considering the humanitarian ground, in view of the above, I am making a humble appeal to reconsider the termination and reinstate me in my last position as per due process in line with the directives given by Bangladesh Bank through BRPD Circular letter no 07 May 2015 and BRPD Circular no 21 September of 2021.   I therefore humbly request you to consider the issue favorably, for which act of kindness I shall remain ever grateful to you.    Yours Truly     NANI GOPAL ADHIKARI, ID=1201605. FLAT #203/A, HOUSE# 2/8/G, Mirpur-1, Dhaka-1216. Mobile: 01711424740. Mail-gopaladhikarinani@gmail.com

#Tasmanian Optimism? MyState Bank CEO Brett Morgan said of the MyState Bank and Home Base "Financial #Wellbeing in #Tasmania Report", “The findings show that while most younger people remain concerned about rising living costs, they are #optimistic about the #future and actively working to improve their situation." “Inflation and interest rates have put real pressure on many in the community particularly those on fixed incomes, but it’s pleasing to see that despite these challenges, Tasmanians remain #optimistic and are planning for the future,” Brett said. "Younger Tasmanians are taking proactive steps to manage their money, including cutting back on discretionary spending and taking on extra work shifts. About one-third of this group expect their personal income to improve over the next year, and 20% of Tasmanians over 35 share this #optimism.” Sounds like a minority 😉 May we ask what makes Dianne Underwood optimistic? Thanks, Michael, David and Rosie. What makes you optimistic? https://lnkd.in/g6Cqcq46

National Bank of Canada Posts Profits Gains Spurred by Wealth Management Segment National Bank of Canada reported an increase in its fourth-quarter profit, which was led by the strength in its wealth management business. The bank’s adjusted net income stood at C$928 million ($659.93 million) for the three months through October 31, 9% higher than C$850 million it had reported in the same period last year. For More Details: https://shorturl.at/YXHEA #NationalBankofCanada #WealthManagement #theciocanada

📢 Bank of Canada Cuts Key Interest Rate by 50 Basis Points to 3.25% 📢 The Bank of Canada has reduced its policy rate by 50 basis points to 3.25%, marking the fifth consecutive cut this year. This move aims to stimulate economic growth and presents significant implications for the real estate and property management sectors. At Brikli, as we gear up for our launch, we’re building a next-generation platform designed to help landlords and property managers adapt to these economic shifts. Our innovative tools will empower real estate professionals to optimize portfolios, streamline operations, and stay ahead in an evolving market. 💡 Curious about how these changes could shape the industry? Let’s connect and discuss! #RealEstate #PropertyManagement #Innovation #InterestRates #Brikli

📉 #UKMortgageRates Set to Tumble Amid U.S. #StockMarket turmoil, UK #MortgageRates are expected to drop significantly, impacting the financial services sector. Potential #Recruitment Impact: 📈 More Mortgage Advisors Roles 💹 Rise in Financial Planning Roles ⚖️ Risk Management Opportunities 🏦 Uptick in lending See what new roles we have available 💼 https://lnkd.in/g-DKC4DN Stay tuned for more updates! 🚀 Full article: https://vist.ly/3eeua #FinanceJobs #FinancialServices #StellarSelect

𝐑𝐁𝐂'𝐬 𝐔.𝐒. 𝐔𝐧𝐢𝐭 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐓𝐮𝐫𝐧𝐚𝐫𝐨𝐮𝐧𝐝, 𝐂𝐄𝐎 𝐂𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐭 𝐢𝐧 𝐅𝐮𝐭𝐮𝐫𝐞 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬 The CEO of Royal Bank of Canada (RBC), Dave McKay, has expressed optimism for the future of its U.S. subsidiary, City National Bank, despite recent challenges. Acquired in 2015, City National faced setbacks requiring a capital boost and executive changes amidst a regional banking crisis. Now, with a focus on improving infrastructure and profitability, RBC sees City National as a key player in its growth, especially after its $10 billion acquisition of HSBC Canada. McKay, celebrating a decade in leadership, also highlighted a strong Canadian job market and manageable mortgage risks. #finance #news #RBC #CityNational #BankingGrowth Source:- https://lnkd.in/dKWqFMud

In 2023 the appointed financial experts at the Bank of Canada lost a total of $5,749,000,000 through a combination of printing money and buying bonds while acting as the ATM for Trudeau and Freeland's deficit spending. In addition to losing almost $6B, by devaluing the currency, the Bank of Canada managed to reduce the real incomes of all Canadians and the wealth of anyone holding Canadian assets by 3.9%. In 2023, 2350 employees at the Bank of Canada earned $340M or an average of $144,680 in salaries and bonuses per employee. For 14 straight years, the Bank of Canada has been named as one of the 100 Best Employers in Canada and 85% of employees recommended the Bank of Canada as a good place to work. No kidding.