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Showing 1341 - 1350 of 4760 results for "banking"

Former Macquarie executive takes new role

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... bringing more than 25 years' experience in financial services. Werro is a former chief financial officer of Macquarie's banking and financial services business. In the 10 years he spent at Macquarie, he also served as head of wealth advice, client remediation ...

Wells Fargo AM chief moves to BMO

OSKAH DUNNIN  |  THURSDAY, 24 JAN 2019
... areas." The firm also recently announced the formation of BMO Private Wealth Canada and Asia, a merger of BMO Private Banking and BMO Nesbitt Burns.

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
Volt Bank has become the first neobank to obtain a full banking licence from APRA. Treasurer Josh Frydenberg applauded the news and said it promotes industry competition and company innovation. Likewise, Volt Bank's success shows promise for neobanks ...

COBA appoints former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
A former ASIC executive will conduct a review of the Code of Practice adhered to by members of the Customer Owned Banking Association. COBA has appointed former ASIC executive general manager Phil Khoury to review the code which outlined the conduct ...

Industry fund chief executive moves to life insurer

KANIKA SOOD  |  MONDAY, 21 JAN 2019
... Nunn has more than 30 years of industry experience including wealth management (life insurance and retail advice) and banking spread in Australian and Asian markets. He has held roles at NAB, CBA, IOOF and AXA. He will relocate to Sydney for the role. ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
... labour market. And we haven't have had the full impact of the likely further crunch in home lending from the Royal Banking Commission (report due out in February) and the fall-out from the Opal building quality concerns and the prospect of a Labor ...

Australian Ethical divests IOOF

KARREN VERGARA  |  FRIDAY, 18 JAN 2019
... information presented as part of APRA's legal proceedings against IOOF, the response provided by IOOF and evidence from the banking Royal Commission. Findings from the Royal Commission about AMP also prompted Australian Ethical to divest from the ...

Willis Re refreshes executive lineup

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
... in 2015. Phillipsz was appointed the co-head of Asia Pacific in 2015 and has 20 years of insurance-focused investment banking experience spread across Bank of America and Merrill Lynch. The business is also moving its international head of catastrophic ...

Xinja funds platform for growth

OSKAH DUNNIN  |  WEDNESDAY, 16 JAN 2019
... $500,000 in nine hours. Equitise co-founder Jonny Wilkinson believes the neobank market is set to disrupt the established banking industry in Australia. With more than 23,000 members, Xinja has applied for a full banking licence from APRA with hopes ...

3.5 million Aussies give financial advice to friends and family: Roy Morgan

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
... advice for friends and family also tend to be well off, with 35.9% of financial institution customers in the top 10% of banking and financial product value ending up as "trusted advisers". People with personal incomes over $120,000 and professional and ...