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Showing 111 - 120 of 398 results for "Big 4 banks"

BEAR regime must extend entire industry: Medcraft

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
The conduct and culture within Australia's big banks is a major problem and the Government's proposed executive accountability regime is a step in the right direction - though it may not go far enough, ASIC chairman Greg Medcraft said. Speaking at a ...

Big banks pay $60m in advice refunds

ALEX BURKE  |  MONDAY, 22 MAY 2017
AMP, ANZ, CBA, NAB and Westpac have to-date repaid $60 million out of an estimated $204 million for charging clients for financial advice that was not provided. This news follows the October 2016 release of ASIC's report into the advice businesses of ...

ING Direct partners with Apple Pay

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2017
... their wallet." Apple Pay is also available to customers of ANZ and Macquarie, though Apple is yet to convert the other big banks - NAB offers its own digital wallet solution for Android users, and the CBA and Westpac apps feature 'Tap & Pay' capabili ...

APRA urges banks to raise capital

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
... 2017, including their main policy item of implementing the first recommendation of the Financial System Inquiry; forcing big banks to raise more capital. Byres noted while APRA had been holding off until the work in Basel on the bank capital regime was ...

Moody Aussies

BENJAMIN ONG  |  THURSDAY, 19 JAN 2017
... predictions of falling property prices (negative for property investors and home owners) - along with rising interest rates (big banks have started raising mortgage rates) and slim chance of the RBA cutting interest rates this year. Recall that consumer ...

Digital advice as commonplace as internet banking

ALEX BURKE  |  FRIDAY, 11 NOV 2016
... looking for a boutique frypan." As a result, Kolbusz said Decimal's philosophy is that "because people are happy to let big banks and super funds play that role in our life, let's build the technology to help them do a better job." Over time, he argued ...

Bond investors must relax benchmark constraints

KERRIE SYDEE  |  MONDAY, 25 JUL 2016
... fixed income markets," said King. King also noted structural changes brought about, in part, by regulations have caused big banks to pull back from their market making roles reducing bond market liquidity. However, not all investors have equal liquidity ...

Dion Global targets IRESS market share with new platform

MARK SMITH  |  MONDAY, 6 JUN 2016
... director within the firm's Australia and New Zealand business added: "The trading tools that were once the province of the big banks are now in the hands of retail brokers and investors. This is an extremely rich interface which is accessed as simply ...

Life insurance adviser group hits out at FSC priorities

ALEX BURKE  |  WEDNESDAY, 1 JUN 2016
... LICG's statement said. The statement added: "The LICG also reports it has received widespread concerns that the FSC and big banks are exerting unreasonable influence in their efforts to sway Government and key stakeholders in the LIF debate. "The FSC's ...

CPA granted AFSL

KERRIE SYDEE  |  MONDAY, 18 APR 2016
... The firm aims to be in operation by 1 July 2016. CPA Australia Advice will aim to provide a unique alternative to the big banks and financial institutions which currently dominate the sector, according to the firm's chief executive, Alex Malley "There's ...