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Showing 1491 - 1500 of 4760 results for "banking"

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... Loans will operate separately. CBA will however retain Commonwealth Financial Planning which will sit within the retail banking services division. NAB announced in early May it will sell off MLC Advice, along with its platform, superannuation and asset ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... hit. Bank of Japan (BOJ) Governor Haruhiko Kuroda already expressed his concerns when he joined the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June: "The indirect impact on the Japanese economy could be quite significant...if this ...

Risk and compliance expertise in demand

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... the pipeline the trend is expected to continue well into next year, he said. Hanson added with no end in sight to the banking Royal Commission, banks and financial service companies are locking down their risk practices and demanding more specialist ...

AI and avatars set to alter wealth management

HARRISON WORLEY  |  WEDNESDAY, 4 JUL 2018
The latest innovation in banking and wealth management involves a New Zealand artificial intelligence firm, one of UBS' regional chief investment officers and IBM. UBS has partnered with New Zealand AI company FaceMe to produce a digital version ...

Advisory and wealth firm appoints chief

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... former military leader with the British Army and served in the Australian Army. Sacre's 25 years' experience in banking and financial markets include senior roles with ANZ, Commonwealth Bank, the Bank of Sydney, the AME Group, NAB, JP Morgan ...

Pendal Group appoints director

KANIKA SOOD  |  MONDAY, 2 JUL 2018
... Clayton Utz Foundation, Indue and Utilities of Australia. Before her directorships she worked for 12 years in investment banking. Most of this was spent at HSBC in the UK where she worked in corporate finance roles before joining the management committee ...

ABA appoints deputy chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
The Australian Banking Association has appointed Suncorp's chief executive as its new deputy chair. David Carter is taking the role from Bendigo and Adelaide Bank managing director Mike Hirst, who announced his retirement from the bank in March. "The ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... significant demand, particularly if this occurred at times of financial uncertainty with households switching out of the banking sector, there could be significant implications for the bank's financial stability mandate. "There would also be implications ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
The level of bank customer trust and satisfaction is worsening thanks to the banking and financial services Royal Commission, according to new surveys. Prior to the Royal Commission, bank customer satisfaction reached 82.3% in January 2018 but plunged ...

NAB names wealth advocate

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
NAB appointed a wealth customer advocate tasked with lifting the standards of the banking group's financial advice complaints process. Clare Petre is the new independent customer advocate for customers, overseeing products, services and advice. She ...