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Showing 131 - 140 of 424 results for "Big four banks"

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 ...

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
... Narev faces the House of Representatives Economics Committee in Canberra today. Narev will be the first of the big four banks' chief executives to front the parliamentary committee, to be followed by those of ANZ, NAB and Westpac over the coming three ...

Macquarie Australia's favourite finance brand on social media

KERRIE SYDEE  |  WEDNESDAY, 28 SEP 2016
Macquarie has beaten the big four banks when it comes to customer engagement and is the favourite Australian finance brand on social media, according to a new report from NetBase. The finance love list is part of the NetBase Top 50 Love List which examines ...

IOOF upgrades Pursuit functionality

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... standing instructions portal; and an online withdrawals portal which enables same day receipt of funds from any of the big four banks. IOOF Pursuit is currently one of the largest retail platforms in the market, with achieving almost $16 billion in funds ...

New Bentleys director to encourage growth

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... management solutions." Van Deventer has international experience, beginning his career with one of South Africa's big four banks before moving into the private sector. "We are constantly evolving and broadening our service offering to ensure we provide ...

US funds launch lawsuit against big four banks

ALEX BURKE  |  FRIDAY, 19 AUG 2016
A class action lawsuit has been launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks for their alleged rigging of the bank bill swap reference rate (BBSW). The Sonterra Capital Master Fund, Frontpoint Financial ...