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Showing 1181 - 1190 of 4760 results for "banking"

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... financial services sector, as well as examine how well financial institutions are implementing the recommendations of the banking Royal Commission. Financial services associations will also be called upon to appear before the standing committee. Treasurer ...

Boutique manager hires investment banking expert

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... Melbourne for the new role. His prior experience includes working in executive roles within leveraged finance and investment banking at Goldman Sachs for 11 years. He was also a manager at NAB within corporate banking, and leveraged and acquisition finance. ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... struck. The survey, conducted by Orima Research, takes into account the positions of 280 regulated entities across the banking, insurance and superannuation industries, and 70 knowledgeable observers, including auditors, actuaries and industry associations. ...

Financial services boom rolls on

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2019
... the Financial Services Council in its 2019 State of the Industry report shows financial services - comprising mainly the banking and funds management sectors - is helping power Australia's economy ahead of the mining industry. Between 1974 and 2018 ...

Credit Suisse names chief executive

KRISTI CHENG  |  MONDAY, 29 JUL 2019
... executive. Effective October, Richard Gibb will lead the Swiss investment bank's Australian franchise across investment banking and capital markets, private banking, and markets and financing. Gibb's appointment comes after Deutsche Bank made headlines ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
Lloyds Banking Group will pay $250 million in compensation to Standard Life Aberdeen following its attempt to pull a $186 billion mandate in February 2018. Lloyds Banking Group and its subsidiary, Scottish Widows, reached a final settlement with Standard ...

CFSGAM sale clears regulatory hurdles

KANIKA SOOD  |  FRIDAY, 26 JUL 2019
Commonwealth Bank has received all regulatory approvals to sell its global asset management business to Japanese banking giant. The $4.2 billion sale to Mitsubishi UFJ Trust and Banking Corporation (MUTB) is expected completion is in August, CBA said ...

Macquarie asset management business down

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... corporate and asset finance (CAF) was down due to reduced loan volumes and realisations in CAF principal finance; and banking and financial services (BFS) was broadly in line." Macquarie AM closed the quarter with $552.7 billion in AUM, up 2% from the ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
... Financial Standard that Suncorp has in place a Climate Change Action Plan, Responsible Investment Policy, and Responsible Banking & Insurance Policy which align the business practices with the 2015 Paris Agreement. "Suncorp's exposure to the fossil ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
The Morrison Government is reviving its Consumer Data Right bill - which includes the Open Banking changes that would give consumers access to and control of their own financial data. The bill was reintroduced to Parliament and read today. Treasurer ...