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Showing 91 - 100 of 521 results for "Banking Sector"

CYBG revises Virgin Money offer

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... financial services company founded by Richard Branson, in a bid to create a serious national competitor in the UK's banking sector. Under the revised proposal, Virgin Money shareholders would own about 38% of the combined group based on CYBG acquiring ...

Royal Commission backlash continues for banks: Research

JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
... COBA chief executive Michael Lawrence believes the data is supportive of increased interest in the customer owned banking sector. "The feedback we're getting is that there is great interest in a model that puts customers first, where 100% of profits ...

ANU to recalibrate divestment policy

ALEX DUNNIN  |  FRIDAY, 27 APR 2018
... equities returns in 2017 were driven by outperformance of the energy and resources sectors and underperformance of the banking sector. The ANU Australian equities portfolio is 28% weighted to Australia's top four banks. Just 9% of the university's Long ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... However, in addition to these commercial arrangements, industry funds are also some of the biggest investors in the banking sector. Rainmaker research shows that at 31 December 2017, not-for-profit funds - 54% of which are industry funds - held about ...

Royal Commission presents clear downside for bank stocks

ALEX BURKE  |  MONDAY, 23 APR 2018
... the possible increased regulation that will emerge as a result, have weakened the investment case for Australia's banking sector. Research from Credit Suisse analysts Jarrod Martin and Brendon Ferreira suggests a clear downside risk for the sector, noting ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
... Commission was announced, Angrisano said the quickest way to rebuild trust, and develop an ethical and prosperous banking sector isn't via piecemeal reform, committees or self-regulation, but a Royal Commission that "goes to the heart of poor culture." ...

ING ramps up wholesale lending business

KANIKA SOOD  |  TUESDAY, 27 MAR 2018
... Royal Adelaide Hospital, and Queensland's Clare Solar Farm. "We plan to keep growing our lending to the wholesale banking sector leveraging ING's international network and industry expertise," the statement said. The bank's wholesale banking loans hit ...

Commonwealth Bank appoints new chief executive

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... rapidly evolving competitive and technology-centric environment," she said. "Matt has gained respect across the banking sector both in Australia and globally. His track record is one of delivering very strong business performance, as well as a range ...

Venture capital sector booming but needs greater government support

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
... as one barrier on the development of new innovation capabilities in an economy. Weaknesses and problems in the banking sector have meant that debt finance for young firms has been rationed," the IPA said. KPMG's Price added Australia's start-up investment ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... national secretary Julia Angrisano said the quickest way to rebuild trust, and develop an ethical and prosperous banking sector isn't via piecemeal reform, committees or self-regulation, but a Royal Commission that "goes to the heart of poor culture." ...