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Showing 1241 - 1250 of 4760 results for "banking"

CBA remediation bill crosses $2bn

KANIKA SOOD  |  MONDAY, 13 MAY 2019
... recommendations and other program costs has cost the bank $806 million to date. The numbers are for known remediation cases in banking and wealth divisions only. "While these additional provisions are estimates that may change, the bank believes it has ...

Morgan Stanley raises capital for 86 400

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... they've got great reach in Australia and internationally." 86 400 is a neobank attempting to disrupt the Australian banking industry and claw market share from the big four. The neobank is in its pilot stage and plans to launch with a transactions ...

Industry super fund appoints new chair

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
... appointed ACSRF's chair in July 2010 and has been a director since July 2007. His career began in law and then moved to banking investment, treasury, asset management and stockbroking. After financial services, Haddock worked in several non-executive ...

Life insurers prioritise customer service over tech

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... talent and capability. "As the sector faces increased scrutiny partly owing to the compliance issues identified in the banking Royal Commission, now more than ever, insurers need to be on the front foot in addressing their regulatory requirements. This ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... following the Royal Commission, as well as the challenge of rebuilding trust with customers. KPMG Australia's head of banking Ian Pollari said: "Falling housing demand, tightening credit standards and greater competition, in particular from the non-bank ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
... superannuation, insurance, private wealth, platforms, margin lending and equities broking fall under the BTFG umbrella. For the banking group's interim results click here.

ESG enthusiasm booms post-Royal Commission

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... particularly pressure from directors and employees, rather than external forces or market pressure. Cottier said fallout from the Banking Royal Commission may be a part of what is driving this internal push for ESG. "Directors being even more aware of ...

Macquarie Capital appoints group co-heads

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
... and global markets (25%), Macquarie Asset Management (24%), Macquarie Capital (22%), corporate and asset finance (17%), banking and financial services (12%).

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... the RBA enough not to give in to vested interests and abide by its 'charter': "To ensure that the monetary and banking policy of the Bank is directed to the greatest advantage of the people of Australia and that the powers of the Bank... are ...

AMP leaks $1.8bn, names new CFO

HARRISON WORLEY  |  THURSDAY, 2 MAY 2019
... focus on his priority, "in transforming AMP." "The new AMP will focus on three new core businesses: wealth management, banking and asset management," De Ferrari said. De Ferrari said he found the departure of "a lot of the large players" in wealth since ...