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Showing 1211 - 1220 of 4760 results for "banking"

Westpac appoints remediation lead

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2019
... at BT Financial Group swirl. The news follows Westpac's decision to exit personal financial advice earlier this year. Banking Day is reporting the group is set to initiate a major redundancy program across BT Financial Group, which was brought in-house ...

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... advice. However, CBA did not confirm. CommSec generated $224 million of $5.9 billion in total net interest income and banking income in the half-year ending December 2018. Of this, CommSec Advisory is a very small part. It provides scaled advice on equities. ...

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... services. "Under our close and continuous monitoring program we have already conducted around 200 onsite interviews with banking staff at all levels to gain first hand insights into systems, practices and culture." "And we are already providing important ...

Westpac names business arm chief executive

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
... HSBC's global divisions, including regional head of wealth management for Asia Pacific, and regional head of retail banking and wealth management for Latin America. Prior to HSBC, Lima spent over 13 years at McKinsey & Company, leading client relationships ...

Bank chief steps down amid expenses scandal

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... experienced executive in Antonia Watson to step in while we conduct a search for a replacement," Key said. "Antonia's extensive banking career has her well placed to help ANZ manage through this transition." Watson was previously managing director - ...

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... Hamilton said. The firm has two other partners, Ian Gillies who was country head for wealth planning at Credit Suisse Private Banking and John Green who was the head of markets at NAB Private Wealth. Hamilton has held the roles of NAB Private Wealth's ...

ANZ cleared of $50m fee bungle

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... corporate regulator said it is satisfied by the audited attestation it received from ANZ, signed by managing director private banking and advice Michael Norfolk and independent expert report from Ernst & Young. ASIC today said it is satisfied ANZ has ...

AMP Super, board slapped with licence conditions

KARREN VERGARA  |  FRIDAY, 14 JUN 2019
... prudential supervision of AMP Super, along with matters that emerged during the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry," the prudential regulator said. This is the second instance APRA has flexed ...

Legalsuper expands member service capability

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... in less than three years. Nguyen has 13 years' experience in the financial services industry across retail investment banking and industry superannuation. He was most recently at Rest. Michael Wigney is the new customer data analyst, who was hired to ...

Finnies showcase best in fintech

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... unprecedented growth we've seen in the fintech sector in the past year." The Royal Commission has reinforced the need for banking systems that benefit customers, and that the fintech sector is capable of providing that, she added. "Hayne's Royal Banking ...