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Showing 1151 - 1160 of 4760 results for "Banking"

New NAB chief start date announced

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... years. Previously, she was deputy chief executive of NatWest Holdings and chief executive of RBS's commercial and private banking business. Her appointment marks the first time a UK big four bank is run by a woman.

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... individuals who unknowingly had their identities compromised, were then used to open bank accounts at various Australian banking institutions. Investigations have uncovered at least 70 bank accounts created using fraudulently-obtained identities to date," ...

La Trobe Financial expands executive team

KRISTI CHENG  |  WEDNESDAY, 18 SEP 2019
... Blackstone portfolio company La Trobe Financial recently expanded its executive team with the appointment of three senior banking veterans. With assets under management of $9 billion, alternative asset manager La Trobe Financial announced the appointment ...

First Sentier hires Nikko executive

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
... as a director, head of asset management operations for Asia Pacific ex Japan. Commonwealth Bank sold CFSGAM to Japanese banking giant MUFG Group last year for over $4 billion. The sale cleared all regulatory hurdles in July and CFSGAM was rebranded to ...

NAB launches team for vulnerable customers

KRISTI CHENG  |  TUESDAY, 17 SEP 2019
... actions NAB has taken after developing its new Customer Vulnerability Framework, which sets out to create "more inclusive banking services and better support for customers in hard times". This framework sets out how NAB will help older customers; make ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... legal, risk, HR, enterprise, IT systems. It will also look for non-executive directors to add to its board. MUFG has a banking presence across the world. As an asset manager, its presence has been mostly limited to Japan except for minority investments ...

Government moves to expand design, distribution laws

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... released updated design and distribution obligations, which now extend to investor directed portfolio services (IDPS), basic banking products, products sold in certain situations where the obligations could be avoided, and simple corporate bond depository ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... simplified. "This is consistent with the philosophy expressed in the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry," the FSC said. With the government planning to create a new disciplinary ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
... with damaging question or submission can have lethal consequences," he said. Crutchfield went as far as to compare the banking Royal Commission to the executions of the French Revolution. "In the financial services Royal Commission, the metaphorical ...

Saxo partners for new reporting service

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
... Sharesight will deliver an integrated recordkeeping service for self-directed investors. Saxo described the initiative as "open banking-like" in its approach. Through an open API (application program interface) Saxo clients in Australia will be able ...