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Showing 101 - 110 of 608 results for "big four"

ASIC bans former Charter, NAB adviser

KANIKA SOOD  |  WEDNESDAY, 8 JAN 2020
... review of ASIC's decision. He is the 64th adviser to be banned by ASIC under its investigation of the conduct at the big four banks, AMP and Macquarie. ASIC is looking at the conduct of Australia's biggest financial institutions in areas of credit ...

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
Tech companies are poised to disrupt the dominant position of the big four banks on the financial system in the coming years. That's according to the RBA's head of financial stability Jonathan Kearns, who on Monday at the Australasian Finance and Banking ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... increase in sessions, hitting one of its highest points in April 2018 at 3256. At the same time the likes of AMP and the big four testify in relation to misconduct in their financial advice arms. "Upon publication of the Hayne Royal Commission report ...

VanEck launches new fixed income ETF

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... "Subordinated bonds have higher yield and higher risk than traditional floating rate bonds. "But those issued by the big four banks are still investment grade and are lower risk than shares (tier 1 capital) and hybrids (additional tier 1 capital), as ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... Advice operations (which were wound down during the year) have been moved to Group Business. Westpac is the last of the big four to announce further customer remediation costs following the fallout from the Royal Commission. ANZ saw remediation costs ...

AMP, HESTA, Hostplus lose out in ratings

STAFF WRITER  |  THURSDAY, 26 SEP 2019
... HESTA was also marked down by the Ethical Advisers' Co-op who said they were concerned about its holdings in the big four banks, Unilever and JD.com as well as its voting record. But HESTA has just been named in the United Nations Principles for ...

New NAB chief start date announced

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... 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.

Industry super fund headcounts to swell

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
... are most in demand. "There remains a viable talent pool of infrastructure professionals ready to transition from the big four infrastructure advisory teams," McGilton said. "Well-developed fixed income/credit skills remain harder to find although institutional ...

Beware dodgy auditors, sudden CFO moves: Plato

ELIZABETH MCARTHUR  |  THURSDAY, 5 SEP 2019
... flags Plato will reveal is the quality of the auditor - Hamson said most large listed companies should be audited by the big four. A listed company being audited by a small, unknown accounting firm is considered a red flag. The red flags system also ...