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Showing 1421 - 1430 of 4760 results for "banking"

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... ensure organisations put the best interests of consumers at the heart of what they do. "For consumers, interacting with banking and financial services is not voluntary. In a compulsory system everyone has a right to be treated with fairness, honesty ...

Interim report dotted with questions

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... from passing new law? That's one of many questions that dotted Commissioner Kenneth Hayne executive summary for the Banking Royal Commission's final report. Hayne boiled down his 643-word summary to two questions: Why did it happen? What can ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
The industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where ...

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... Commission and they gave it a reasonably short time frame," she said. "There is a strong case to consider extending the banking Royal Commission in order to hear from more people, more victims in more parts of Australia." Labor called for the Royal Commission ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... was also the subject of civil litigation, adding a German litigation Special Purpose Vehicle brought a claim against its banking arm seeking €30 million ($48.4m) in damages, a claim the bank "strongly disputes." Two investors had already sued the Swiss ...

Fintech hub snaps up Afterpay co-founder

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
... and Daisee co-founder Richard Kimber. Ian Pollari remains on the board. He is a KPMG Australia partner, national head of banking. He is also KPMG's co-lead for global fintech. "All potential candidates were screened against the Stone & Chalk Board ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... portfolio into cash within 90 days in case of an event and WAM Leaders can liquidate all of its portfolio holdings in 90 days. Banking stocks "fairly benign" Bank stocks look "fairly benign" even though regulatory costs are going up, a WAM portfolio ...

Super fund appoints from JP Morgan

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
... heading to NGS Super after working at JP Morgan as a vice president marketing communications corporate and investment banking. At NGS Super, she replaces interim head of brand, digital and marketing Andrew Murrell who had been consulting in the role ...

FinTech Australia hunts new chief executive

HARRISON WORLEY  |  TUESDAY, 25 SEP 2018
... of being the voice for our members and are looking forward to continuing to advocate in key policy areas including open banking and comprehensive credit reporting," the spokesperson said. "As an organisation we are excited by the changes that the industry ...

Macquarie Group appoints foundation chair

HARRISON WORLEY  |  TUESDAY, 25 SEP 2018
... anointed as chief executive of Macquarie Group. Wikramanayake has served as chair for five years. Reemst has led Macquarie's banking division since July 2014, and will bring significant philanthropic experience to her new role; she is a current director ...