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Showing 1311 - 1320 of 4760 results for "banking"

Westpac mulls sale of in-house planners

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... with an undisclosed Melbourne-based wealth management firm to offload about half of the planners attached to the Westpac Banking Corporation AFSL. The deal would see the buyer net about 150 of the top revenue-writing WBC planners, and the remainder of ...

Macquarie expects profit jump

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
... and global markets contributed 27%, corporate and asset finance contributed 17%, Macquarie Capital contributed 16% and banking and financial services contributed 11%. New mandates Macquarie Infrastructure and Real Assets (a part of Macquarie Asset Management) ...

Don't fear credit crunch: Deloitte

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... actually starting to tick up and is now growing ever so slightly ahead of housing lending. "To have better balance in banking portfolios is actually a good sign for the economy; they're not putting all their eggs in one basket," Hutley said. This is ...

Super fintech chief steps back

JAMIE WILLIAMSON  |  FRIDAY, 8 FEB 2019
... SME payment service PayVu this month. The service aims to bridge the gap between accounting/payroll systems and internet banking. The board is also reviewing the need for additional capital beyond June 2019 as a result of having reviewed staffing and ...

NAB chief executive and chair exit

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... offered to step down as CEO, and they have accepted my offer," he added. Thorburn joined NAB in 2005 as head of retail banking before becoming chief executive and managing director of BNZ three years later. He was named the NAB's group chief executive ...

AFCA appoints new ombudsman

DARREN SNYDER  |  THURSDAY, 7 FEB 2019
... said: "I worked with Geoff Browne in his role as Victorian Small Business Commissioner. He is very knowledgeable about the banking sector and highly respected by the small business sector. Geoff is perfect for this job."

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... Plus, CommInsureLife Insurance, CommInsureLoan Protection and NewCo Indemnity. $245 million is to be spent on remediating banking customers on package fees, and interest and remediation. CBA's stock jumped on Tuesday, as the Royal Commission's ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... priority to the interests of members over all other interests," he said. In separate recommendations, Hayne asked for the banking executives accountability regime (BEAR) to be extended to super funds and insurance. Under it, superfunds would have to ...

Former Morgan Stanley chief to join Westpac board

HARRISON WORLEY  |  WEDNESDAY, 6 FEB 2019
... insights about how businesses can respond to digital disruption," "Steve is a career banker with extensive investment banking and financial services experience."

Royal Commission sobering and overdue: Labor

DARREN SNYDER  |  TUESDAY, 5 FEB 2019
... Bowen said a Labor government will establish a Treasury taskforce to help implement all of the recommendations from the banking and financial services Royal Commission. Responding immediately after the public release of the Royal Commission's final report ...