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Showing 1391 - 1400 of 5948 results for "Banks"

$26 billion real estate group shuffles portfolio

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
Vicinity Centres is offloading about $1 billion of sub-regional and neighbourhood shopping centres, with a view to reinvest in opportunities that create better value for security holders. The recent portfolio reshuffle builds on the ASX-listed real ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
... moving the bank forward. On behalf of Commonwealth Bank, I apologise to the community for letting them down," Comyn said. "Banks have a critical role to play in combating financial crime and protecting the integrity of the financial system. In reaching ...

Industry Super Australia names new CEO

JAMIE WILLIAMSON  |  FRIDAY, 1 JUN 2018
... ISA's most recognised advertising campaigns, including 'Compare the Pair', 'In good hands' and 'Banks aren't super'. Collins said he is delighted to see Dean taking on the role. "Member recognition of, and trust in industry ...

Outlook darkens for bank stocks

KANIKA SOOD  |  THURSDAY, 31 MAY 2018
... crunch" is not yet UBS' base case, even though it is starting to look more plausible. As its base case, UBS analysts see banks maintaining dividend payouts at current levels. It sees housing credit growth stall by the end of FY20, as the credit conditions ...

ANZ sells NZ life insurance business

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... respected global insurers," ANZ deputy chief executive Alexis George said at the time. "Zurich's experience in working with banks around the world to provide insurance solutions, combined with its commitment to innovation and strong presence in Australia ...

Capgemini appoints new Australian head

KANIKA SOOD  |  TUESDAY, 29 MAY 2018
... New Zealand today. The digital consulting firm has a portfolio of financial services clients in Australia that includes banks and fintechs. Pietschner has more than 25 years of industry experience and a track record in consulting and digital transformation ...

Royal Commission backlash continues for banks: Research

JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
About one in three Australians are more likely to switch their banking institution as a direct result of the Royal Commission, according to new research. About 10% of respondents to a survey commissioned by the Customer Owned Banking Association claim ...

Powered by Lloyds and KPMG, insurtech offers cybersecurity insurance

KANIKA SOOD  |  MONDAY, 28 MAY 2018
... cashflows. "The issue with these attcks is that SMEs are not insured for this and recovery of the stolen funds from the banks is largely not viable," Smith said. The insurance includes legal and financial resources to respond to claims against them from ...

$900bn of wealth soon up for grabs: Research

HARRISON WORLEY  |  THURSDAY, 24 MAY 2018
... said. Adviser Ratings added that fragmentation of the institutional distribution model had seen advisers leave the major banks at 270% of the historical rate so far this year. Adviser Ratings added that pressure would mount on advice practices to alter ...

BBSW methodology restores trust

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... trading and investment activities," she said. ASIC and the RBA expect all bank bill market participants - including the banks that issue the bank bills, as well as the participants that buy them - to adhere to the ASX BBSW Guidelines and support the ...