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Showing 1 - 10 of 4474 results for "Banking"

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... long-term incentive plans were performance tested, no payouts were made," she said. AMP is now focused on five areas: banking, platforms, advice, superannuation and investments, New Zealand, and strategic partnerships in China. The banking unit recently ...

Citi Australia managing director takes on expanded remit

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... funds, asset managers, insurers, and wealth platforms. She has over 25 years' experience in financial services, spanning banking and asset management. In 2022, Ashton returned to Citi, where she'd previously served as director of equities. Prior to her ...

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... sentence to Truong My Lan, the chair of property development group Van Thinh Phat, who was found guilty of bribery, violating banking regulations, and embezzlement, the country's popular media outlet VN Express said. VN Express reports that Lan took ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... and to address the perception of asset managers' reliance on third-party advisor voting recommendations. The investment banking giant's enhancements will include "more portfolio manager participation in proxy committee decision making" and "diminished ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... of both reverse mortgages and livestock finance in Australia." Challenger announced it was acquiring Catholic Super's banking business in December 2021 for $35 million after Catholic Super partnered with Equipsuper under an extended public offer in 2019. ...

AustralianSuper hires data strategy lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
... Business Administration degree program. His last executive role was at ANZ, where he ran data and analytics for the business banking unit. AustralianSuper also made two other hires recently. Also arriving at the nation's largest fund is John Carver ...

Mercer Super recruits growth lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
... for corporate super clients, their employees and associated licensees and advisers." Raynes spent 16 years with the US banking giant, with his time evenly split between looking after J.P. Morgan's top-tier institutional investors and running a debt ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... significant by 83% of managers. While healthcare (72%), financial services and wealth management (70%), legal services (66%), banking (64%), and insurance (61%) are the next-most-cited areas of opportunity for value creation. Managers currently using ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... initiative and Financial Wellness Week highlights both the challenges Indigenous communities encounter in accessing super and banking services, as well as the significant opportunity to offer improved assistance," First Nations Foundation chief executive ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... Zeng said widespread crypto adoption is an inevitability and as such more regulation is required. Enhanced protection of banking and payments infrastructure for crypto companies and encouraging banks to adopt on-chain monitoring of transactions are part ...
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