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Showing 121 - 130 of 419 results for "Big four banks"

ANZ appoints culture executive

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Following scrutiny around systemic cultural issues within the big four banks, ANZ will welcome a key human resources executive to a role with broader scope and new title. Kathryn van der Merwe is joining the bank as group executive, talent and culture. ...

The good and the bad in the Fed rate hike

BENJAMIN ONG  |  THURSDAY, 15 DEC 2016
... by 24.9% over the same period. These could fall even more as interest rates continue to increase. Already, the big four banks have raised mortgage rates as they try to offset the pressure on their interest rate margins caused by higher funding rates. ...

Lonsec rates BetaShares ETF

ALEX BURKE  |  THURSDAY, 1 DEC 2016
... BetaShares managing director Alex Vynokur said: "Australian investors are biased to large-caps, in particular the big four banks. This bias can expose portfolios to excessive stock and sector specific risk, and means investors miss out on the potential ...

Fintechs face marketing battle

DARREN SNYDER  |  TUESDAY, 8 NOV 2016
... than in other global markets. "Australia has one of the strongest established financial sectors in the world. The big four banks are resisting any challenge to their market share through a strategy of buying start-ups or partnering with them well before ...

Banks balancing profit and capital adequacy

ALEX BURKE  |  TUESDAY, 8 NOV 2016
... sustainability of dividends." In a separate report, EY Oceania banking and capital markets leader Tim Dring said the big four banks' wealth returns have generally not met long term expectations, adding increased pressure on operations. "Driven by the ...

BTFG navigates wealth management headwinds

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2016
... contribution to Westpac has fallen by 4% to $876 million in the past year, indicating an increasing pressure on the big four banks' wealth management divisions. Cash earnings for BTFG's funds management division dropped 7% to $520 million, which was ...

HLB Mann Judd launches new advice arm

KERRIE SYDEE  |  TUESDAY, 1 NOV 2016
... now be well placed to meet that increasing demand. "There are many new lenders in the market in addition to the big four banks, that can provide very competitive loan products. This is especially the case more recently with the tighter lending restrictions ...

New BetaShares fund combats investor bias

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2016
... BetaShares managing director, Alex Vynokur, said the prevalent bias towards the largest 20 companies, particularly the big four banks, exposes investor portfolios to excessive stock and sector specific risk, leaving investors' under-exposed to the growth ...

Howard: Bank scrutiny "strange"

KERRIE SYDEE  |  THURSDAY, 6 OCT 2016
The scrutiny of Australia's big four banks has been labelled "strange" by former Prime Minister John Howard, who heralded the institutions as one of four pillars that guided Australia through the Global Financial Crisis. Howard was the first plenary ...

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
... interests. The analysis between Roy Morgan Research and ISA reveals a doubling in direct super sales advice from the big four banks between 2011 and 2015. It corresponds with a 40% increase in the big four bank's super switching market share, according ...