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Showing 1011 - 1020 of 4760 results for "banking"

CBA sells CommSec Adviser Services

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
... AUSIEX divestment excludes the Accelerator Cash Account and investment lending products which are offered under the CBA banking licence, and will continue to be offered by CBA. "We are pleased that AUSIEX and its highly experienced and well-respected ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... Wealth contributed about $42 million. Finally, the group also announced an organisational restructure resulting in five key banking businesses - personal, business and private, corporate and institutional, Bank of New Zealand and UBank. The move sees ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... Griffith said he is uncomfortable with the idea of the 'super mega-fund' for a couple of reasons. "We've just a had a banking Royal Commission which highlights some of the issues with a large, conglomerate sector with only subtle differentiation, where ...

Best, worst performing Aussie equities funds

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... "Yarra maintains a high-conviction portfolio, with an unwaveringly large exposure to the economically exposed domestic banking sector, specifically CBA, Westpac, and ANZ. Yarra also held large positions in infrastructure toll-road stocks Transurban and ...

The five threats to super fund survival

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... to create member-centric ecosystems, as the desire for collaboration and integration through technologies grows. "Open Banking will also be a driver and will result in dramatically improved decision-making for funds and their members," SS&C said. Overall ...

Citi hires new investment banking head from Deutsche

KANIKA SOOD  |  MONDAY, 20 APR 2020
Citi has appointed a new head of investment banking for Australia and New Zealand from Deutsche Bank Australia, while also announcing new co-heads of local equity capital markets. Alex Cartel was most recently Deutsche Bank Australia's head of investment ...

NAB remediation bill grows

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... NAB's wealth business, which will be reported as a separate segment called MLC Wealth and no longer form part of consumer banking. In February, NAB warned of a delay in the offloading of MLC Wealth and said that due to the "challenging business environment" ...

US fund manager expands into Australia

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... strategy is to further grow our presence in the local market," Abernethy said. "Jane has over 16 years' experience in banking and financial services, and her appointment is a reflection of our goal to deliver the highest quality service experience to ...

Former ASIC lawyer joins private firm

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... services regulatory practice. Symons will be based in the firm's Brisbane office, to be one of the leaders of the firm's banking regulation offering. Symons served as a senior manager across a number of legal and policy roles at ASIC from 2009 to 2016. ...

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... the Australia-China Council and the General Sir John Monash Scholarship Foundation. Wilson has a background in finance, banking and medicine. She currently holds directorships at Transurban, Costa Group Holdings, Sonic Healthcare Ltd and the General ...