Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1091 - 1100 of 4760 results for "banking"

Goldman Sachs realigns reporting structure

ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
... day later this month in New York. The new reporting segments, which will now be released quarterly, include investment banking, global markets, asset management and consumer & wealth management. The new segment's results will be released on January 15 ...

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
... relatively tight and policy transmission is expected to be slow-moving as a result of rising onshore defaults and shadow banking deleveraging. "Policymakers have been increasingly using a flexible exchange rate as an automatic stabilizer in 2019; however ...

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... at the same time dealing with the impact more broadly on their own communities," NAB chief customer officer - consumer banking Mike Baird said. "There are horrific tales of lost homes, lost livelihoods and most tragically, the loss of loved ones. Many ...

Consumer data right for open banking delayed

ALLY SELBY  |  FRIDAY, 20 DEC 2019
The ACCC has delayed the launch of consumer data right (CDR) for the banking sector to July 2020, postponing key components of the reform that would have allowed the kick-off of open banking in Australia by February next year. Consumers will now be ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
ANZ is the latest of the big four to be hit by the banking blues - identifying 3.4 million customers who have been overcharged as the bank swiftly makes good on recommendations from the Hayne Royal Commission. ANZ chief executive Shayne Elliot told ...

Tech to topple banking: RBA

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
... That's according to the RBA's head of financial stability Jonathan Kearns, who on Monday at the Australasian Finance and Banking Conference in Sydney, argued banks need to evolve lest they topple to 'big tech' data companies. The main risk to banks is ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
... its problems. Earlier this week, APRA launched its own official investigation into Westpac for possible breaches of the Banking Act, including the Banking Executive Accountability Regime. The investigation will focus on the conduct that led to AUSTRAC's ...

Channel Capital nabs new distribution directors

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
... currencies and commodities for corporate and institutional clients. Prior to this, Carratelli worked her way up from a business banking associate to an associate director at NAB's corporate banking arm. Meantime, Biggins leaves his role as a key account ...

Australians gifted new tech index

ALLY SELBY  |  TUESDAY, 17 DEC 2019
... the ASX. "We're all very excited. I think the engagement we've had from various stakeholders - notably from the banking and listed company community has been very positive," he said. The index currently features 45 companies, which Cunningham ...

APRA joins in on Westpac scrutiny

ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
APRA has launched a formal investigation into Westpac for possible breaches of the Banking Act. The prudential regulator said the investigation will focus on the conduct that led to AUSTRAC launching its criminal charges against the bank over an alleged ...