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Showing 1231 - 1240 of 5947 results for "Banks"

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... financial advice HSBC quietly called time on its Financial Advice arm in July, joining three of Australia's big four banks in spinning off their wealth management arms, with Commonwealth Bank announcing the demerger of Colonial First State just a ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... The Australian Banking Association and many superannuation funds are already calling for a ban, and three of the four big banks have already vowed to phase them out. ABA chief executive Anna Bligh described the removal of such payments as "another important ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... revenue, Radar Results said. Unfortunately for the smaller players, tighter lending has seen a number of Australia's banks increase the minimum loan amount for such acquisitions to $1 million. Radar Results, which specialises in mergers and acquisitions ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... manufacturing, alcohol production and sales, gambling, pornography and interest-earning financial institutions, such as banks," Yassine explained. "We offer an attractive alternative based on socially responsible investing and place funds in healthcare ...

Super admin provider adds chief information officer

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... painted as a very scary and complicated thing," she said. "But at OneVue, we are fortunate to have global custodians and banks as clients and this has introduced institutional grade rigour to the table. Which means we can work with all clients, large ...

Sydney fintech sells for $339m

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... as highly strategic. "It also strengthens our capabilities in the US market where we are seeing significant traction as banks accelerate their digital transformation plans. Avoka is a market leader and is experiencing strong growth as banks invest in ...

Westpac executive remuneration voted down

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
... underestimated, Westpac is nonetheless sticking to its guns by retaining its wealth management arm when the other major banks are attempting to exit the sector. In other agenda items, shareholders approved Craig Dunn's re-election as a director ...

Ignition lifts off in Ireland

HARRISON WORLEY AND MICHELLE BALTAZAR  |  WEDNESDAY, 12 DEC 2018
... client in the region and their expansion plans in Europe. In Australia, Ignition Advice also provides custom solutions for banks and major super funds. Bank of Ireland, which boasts more than 3.5 million customers, plans to introduce Life Advice to these ...

FIIG turns to institutional market

HARRISON WORLEY  |  WEDNESDAY, 12 DEC 2018
... of institutional fixed income Mark Bayley outlining the firm's aim was to fill the void left in the sector by Australia's banks. "Servicing some sectors of the institutional fixed income market is not often viewed as a core business line for Australian ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... that S&P 500 could gain ~7% next year based on the consensus forecast of ten investment strategists at major US investment banks and asset management firms it surveyed. Group's predictions range from 2675 to 3100, with a mean estimate of about 2840. ...