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Showing 1 - 10 of 62 results for "New Bank"

Sun Venture makes first purchase down under

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
The Singaporean investment giant has acquired 50 Miller Street in North Sydney for $148 million, following an expressions of interest campaign in Q3 of last year. The 10-storey block, previously owned by Sydney-based investment manager Sumner Capital ...

Westpac architects new institutional banking platform

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Westpac has begun work on a new transactional platform for institutional clients, using UK technology provider 10x Banking to provide the core technology. The two companies have signed a letter of understanding that's built on an existing three-year ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
The Australian Prudential Regulation Authority (APRA) has finalised its new bank capital framework, designed to strengthen levels of capital and align Australian standards with the internationally agreed Basel III requirements. The new regime, which ...

Teachers Mutual launches neobank

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
Australia's largest mutual bank has launched a digital bank to meet the needs of essential workers and appointed a chief digital bank officer. Hiver has been created for essential workers in education, emergency services and healthcare sectors and combines ...

New partnership for BC Investment Group

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... partnership in an announcement to the ASX. Once regulatory approval is granted, Novatti will be able to launch and operate a new bank. BC Invest is a majority-owned subsidiary of Far East Consortium International Limited, a conglomerate listed on the ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... manager of customer service network Mark Jones said the payments the bank makes to schools are not linked to the number of new bank accounts created or to the monetary amount deposited by students. "In consideration of ASIC's feedback, to improve ...

CoreLogic appoints financial services solutions head

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
CoreLogic has named its head of financial services solutions Australasia with a hire from Genworth. Eugene Vassiliev will be responsible for assisting the financial services industry in its goals to grow, manage risks and optimize customer engagement ...

Citi hires new banking, wealth lead

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
Citi Australia has appointed a new head of its banking and wealth management distribution business. After more than 10 years with the bank, Gofran Chowdhury has nabbed the role, and will now lead the sales and distribution division within Citi Australia's ...

JBWere to add 50 to team

ELIZA BAVIN  |  FRIDAY, 3 JUL 2020
NAB has announced it is looking to boost its team at JBWere with the recruitment of 50 new bankers and financial advisers. NAB said the move is part of a strategy to provide high-net -worth clients with a single point of access for their financial needs. ...

Bank hires new wealth chief

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
A major bank has announced the appointment of a new banking and wealth chief while revealing a new operating model. Suncorp named Clive van Horen as its new banking and wealth chief executive, saying the appointment brings significant retail and business ...
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