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Pat McConnell

Pat McConnell

Honorary Fellow, Macquarie University Applied Finance Centre, Macquarie University

After over 30 years working for, and consulting to, major banking and insurance companies in the US, Europe and Australia, Pat transferred to teaching courses in Risk Management at Masters level and to industry. His main areas of research are in Operational Risk (People, Systems, Process and Legal risks) and banking regulation and he has published widely on this topic, including a new book on People Risk Management http://www.koganpage.com/product/people-risk-management-9780749471354 .

Bank codes of conduct: add bars to the window dressing and make them legally binding

Oct 26, 2018 07:31 am UTC| Insights & Views Law

Banks dont need 10 commandments to do the right thing, but just six, says the head of the banking royal commission. The first of those commandments set out by Commissioner Kenneth Hayne is to obey the law. The other...

It's time for a royal commission into banking regulation

Nov 08, 2017 15:26 pm UTC| Insights & Views Law

The handling of recent financial scandals show that regulators are confused about what they do, or should do. And as a result the regulation of the financial system, which is vital to a strong functioning economy, is just...

Blockchain Revolution Series

Common Bank of Australia's test of government bond using the blockchain, is just that

Jan 30, 2017 09:40 am UTC| Fintech

Despite a media statement announcing that Commonwealth Bank of Australia (CBA) and Queensland Treasury Corporation (QTC) have created the first government bond using the blockchain (dubbed the cryptobond), no QTC bond had...

Blockchain Revolution Series

Smart contracts – smart or dumb?

Jan 23, 2017 06:36 am UTC| Technology Fintech

Consider, for a moment, these two statements from the Ultimate Guide to Understanding Blockchain Smart Contracts on a well known Blockchain website: 1) Traditional Contracts Traditional physical contracts, such as...

Blockchain Revolution Series

What next for the ASX and Blockchain in 2017?

Jan 18, 2017 02:56 am UTC| Fintech Digital Currency

What a difference a year makes. In January 2016, ASX was bathing in the warm glow of having been acclaimed by Blythe Masters, an American super saleswoman and head of a Blockchain start-up called Digital Asset The...

ASIC gives the banks cause for Christmas celebration

Dec 22, 2016 03:50 am UTC| Law Economy

Christmas is a time to forgive and forget and the Australian Securities and Investments Commission (ASIC) sure knows how to distribute good cheer at Yuletide, especially to old friends such as the big four banks. On...

Blockchain Revolution Series

Blockchain – not fit for financial markets

Dec 21, 2016 10:26 am UTC| Fintech

For a discipline that is supposedly rational, finance has had its fair share of irrational crazes. For example, the dotcom bubble and the collateralized debt obligation craze that led to the global financial crisis. The...

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Economy

U.S. Treasuries slump on support from Trump’s positive China trade deal comments

The U.S. Treasuries slumped during Fridays afternoon session, following a little support from comments from President Donald Trump that a trade deal with China is still a good possibility and that Huawei might be addressed...

UK gilts suffer ahead of PM May’s departure on June 7; April retail sales better-than-expected

The United Kingdoms gilts suffered during European session Friday ahead of Prime Minister Theresa Mays departure from the Cabinet on June 7 amid a better-than-expected reading of the countrys retail sales for the month of...

RBA likely to cut OCR in November, over two rate cuts necessary to achieve jobless rate below 5 pct: St. George Economics

The Reserve Bank of Australia (RBA) is expected to cut the Official Cash Rate in November, taking the number of times the RBA cuts this year to three and the cash rate to 0.75 percent, according to the latest research...

NZ delivers healthy trade balance on back of strong export data, export volumes to drop away seasonally

New Zealand delivered a healthy trade balance on the back of strong export data for meat, forestry and dairy. The lift in exports more than offset the stronger than expected import data which was bolstered by the aircraft...

JGB 10-year yield falls to 7-week low tracking U.S. Treasuries on worries over global economic slowdown

The Japanese 10-year government bond yield fell to 7-week low at the time of close Friday tracking a similar movement in the United States Treasuries as investor sentiments remained dusted on worries over global economic...

Politics

Donald Trump Tax Returns: Democratic-led House Committee Gets 'Help' From Federal Judge, NY Senate in Financial Records Subpoena

A federal judge decision and a potentially game-changing New York state law are not helping United States President Donald Trump from keeping his tax returns from being scrutinized in a Congress investigation. POTUS then...

Melania Trump Body Language: She Looks 'Uncomfortable' in Recent Photos vs. 2016 Campaign Picture, Expert Says

United States President Donald Trump has an apparent habit of starting a tweetstorm in the middle of the night or too early in the morning. First Lady Melania Trump, on the other hand, has a completely different approach...

Vladimir Putin Girlfriend Rumors: Who Is Alina Kabaeva? Did She Just Gave Birth to Russian President’s Twin Boys?

Vladimir Putin is one of the most controversial state leaders for various reasons, including his policies deemed to be anti-LGBT and derailing freedom of speech. But the Russian president is also making headlines for his...

Vladimir Putin: Does the Russian President Watch 'Game of Thrones'?

Game of Thrones will officially close its curtains after its final episode on Sunday, May 19. Is Russian President Vladimir Putin one of the people who would be tuning in to see who sits on the Iron Throne? The question...

Donald Trump Net Worth: U.S. President’s Favorite Mar-a-Lago Resort Earned Less in 2018

Donald Trump may no longer be actively taking care of his businesses but it still earns him a sizeable amount of money every year. However, his latest annual financial report showed that his favorite getaway destination,...

Science

Cancer Cure Found in Ancient Fish? Study Leans on to Parasitic Eel-Like Fish for Better Brain Cancer Treatment

Scientists around the world have various strategies finding the potential cancer cure or come up with a much better treatment regimen to help patients live longer. Researchers from Wisconsin and Texas recently published a...

HIV/AIDS Cure News: 50,000 Individuals Consume ‘Miracle Cure’ That’s Really Industrial Bleach Distributed in Uganda by US Pastor

Around 50,000 people in Uganda were allegedly convinced by an American pastor to consume a so-called miracle cure for HIV/AIDS. The problem is the said substance was already flagged down by the United States Food and Drug...

HIV/AIDS Cure 2019: Scientists May Have Found a Way to End HIV Transmission

Apart from finding a complete cure for HIV/AIDS, another important aspect of tackling the epidemic is looking for an effective way to stop its transmission. Scientists may have made a great discovery in that area. A...

Cancer Cure 2019: Researchers Focus on Helping Patients Live Longer

The world has yet to find a complete cure for cancer. But scientists are continuously working in developing and improving treatment strategies. A leading research institute for cancer recently announced a new and...

Cancer Cure 2019: Potentially Effective Vaccine Can Teach Immune System to Heal Tumors

Finding the cure for cancer also requires scientists and researchers to find various strategies on how to heal or destroy cancer cells and tumors. A recently published study offers an interesting approach as it revealed...

Technology

‘Cyberpunk 2077’ Release Date, Features, Gameplay: Will There be New Teasers, Playable Demo at E3 2019?

In a few weeks, the Electronic Entertainment Expo (E3) 2019 is happening and a number of high-profile gaming-related announcements are likely happening. But as for fans anticipating the release of Cyberpunk 2077 the common...

Windows 10 Update Latest News: These are the Features That Have Been or Will Be Removed in the Future

The recent Windows 10 Update has finally rolled out, bringing with it several changes that will benefit users. Apart from these advantages, however, Microsoft is also going to elbow out previous features that are deemed no...

iOS 12.2 Exploits, Vulnerabilities: Motion Sensor Tracking Issue Raises Smartphone Security Concerns

A recent vulnerability in iOS 12.2 was discovered by researchers at the University of Cambridge and has since been patched by Apple. However, considering the seriousness of the exploit, it raises serious concerns about the...

WWDC 2019 Presentation, Shows: Sent Invitations Treated as Treasure Maps, Deciphering Clues for Booty

Apple has sent out invites to its WWDC 2019 show and it is already causing plenty of excitement, but for rather hilarious reasons. While the invitations are indicative of great things to come, they are also being treated...

MacBook Pro 2019 Features, Specs: Performance Boost Decent but Falls Short of Apple Promise

It would seem that Apple has been experiencing a ton of stumbles recently, especially with regards to promises that they make regarding their products. Regarding the MacBook Pro 2019, it has a chance to finally redeem...
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May 24 19:00 UTC Released

USCattle Marketed

Actual

106.9 %

Forecast

106.6 %

Previous

97 %

May 24 19:00 UTC Released

USCattle Placed On Fd

Actual

108.7 %

Forecast

113 %

Previous

105 %

January 31 00:00 UTC 689714689714m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 689714689714m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 701534701534m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 689714689714m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 701534701534m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 689714689714m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 689714689714m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 689714689714m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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