Search ResultsShowing 1 - 10 of 100+ results for "Banking"
Peak bodies respond to government roadmap
KRISTI CHENG  |  TUESDAY, 20 AUG 2019
... underperformance and the fact that one in three workers are not even getting paid super," he said. The Australian Banking Association, meanwhile, highlighted the action they had already taken to implement the Commission's recommendations before ...
EY bolsters financial services law team
HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... financial services law team has gone from strength to strength, with the team recently recognised as finalists in the Banking and Finance Team of the Year category at the 2019 Lawyers Weekly Australian Law Awards," Segaert said. "Nikki's skills and ...
Netwealth FUA, adviser numbers rise
KARREN VERGARA  |  MONDAY, 19 AUG 2019
A number of financial advisers who flocked to wealth management institutions for Netwealth as a result of the banking Royal Commission have helped boost the platform's funds under administration by 30% to $23.3 billion. Financial results for ...
APRA opens margin requirement talks
HARRISON WORLEY  |  THURSDAY, 15 AUG 2019
... the final implementation phase for margin requirements by one year to 1 September 2021. After the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO) clarified the documentation ...
Aussie fintech names new chief
KRISTI CHENG  |  MONDAY, 12 AUG 2019
... and the delivery of Superstream, Gateway and STP services to a wider market". InPayTech is the parent company of PayVu, a service that aims to bridge the gap between accounting/payroll systems and internet banking, ClickSuper, and Payment Adviser.
Westpac fined over reporting failure
ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... said: "Access to accurate and timely data is critical for APRA to monitor effectively the safety and stability of the banking, insurance and superannuation sectors." He re-enforced that APRA's reporting standards are legally binding in the same ...
AMP announces new strategy, capital raise
JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... our Australian business to deliver a proposition that fulfils client needs with whole-of-wealth solutions including banking," AMP chief executive Francesco De Ferrari said. The group's culture will also be overhauled to one that is ...
CBA remediation bill drags performance
KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... spend and provision on rectifying errors further breaks down to: aligned advice ($534m), wealth ($459m) and banking ($375m). Consequently, remediation costs have increased operating expenses by 2.5%, taking the group's statutory net ...
Fintech off to slow start in 2019: KPMG
KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... finance, are growing rapidly in China, and major strides were made in Hong Kong with the issuance of eight virtual banking licenses. KPMG said the next 12 to 24 months will be a critical period for many platforms that haven't been able to ...
HSBC chief abruptly resigns
KARREN VERGARA  |  TUESDAY, 6 AUG 2019
... the challenges that we face and to capture the very significant opportunities before us," Tucker said. Noel Quinn, chief executive of global commercial banking, will assume the role of interim group chief executive until a successor is appointed
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