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| | | ... More than a year after it was recommended by Commissioner Kenneth Hayne, the government has taken steps to extend the Banking Executive Accountability regime to include super funds and other APRA-regulated entities. Set to be known as the Financial Accountability ... |
| | | | Australian banks continue to take a beating, with all of the Big Four losing brand value, according to a report from Brand Finance Australia. The report said the hit comes as the delayed effects of the global economic slowdown are being felt around ... |
| | | | ... including two years as chair. Maxsted said McFarlane is not only well known in Australia and New Zealand, but is a respected banking leader globally. "Over the past 27 years he has been a main board director of five of the world's leading financial ... |
| | | | ... look at the relationships," Calder said. "People are so unconnected to emails," he said, pointing to successful consumer banking apps. "Another huge gap is in financial literacy. If we could develop something where people - more the general community ... |
| | | | The National Australia Bank has appointed a new non-executive director with an extensive history in banking, risk management and governance. Simon McKeon will step into his new role effective 3 February 2020, after gaining regulatory approval, while ... |
| | | | ... more visibility into its business and aligning it with its competition. The new reporting segments now include investment banking, global markets, asset management and consumer and wealth management. Goldman Sachs said the new structure aims to achieve ... |
| | | | ... continues to be in a strong position and we see the benefits of this across our consumer businesses. In Consumer & Community Banking, average deposits grew at 5%, somewhat aided by lower short-term rates, and we continued to add customers in new and ... |
| | | | ... offices. Shalhoub joined Crestone from Commonwealth Bank of Australia, where he was an executive manager in the private banking business. Prior to that, he spent eight years as a director at UBS. O'Donnell, Taylor and Greenberg were previously relationship ... |
| | | | The Reserve Bank of Australia will not allow tech giant Facebook to launch its cryptocurrency Libra in Australia until all risks and regulatory requirements have been mitigated. And even if these regulatory requirements were met there wouldn't be ... |
| | | | ... from the business. The new plan comes just months after AMP combined its Australian wealth management business with its banking division to create AMP Australia, elevating former wealth boss Alex Wade to chief executive of the new unit. |
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