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Showing 1501 - 1509 of 1509 results for Andrew McKean

T. Rowe Price appoints new chief operating officer

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
Global asset management company T. Rowe Price Group has announced Kimberly Johnson as chief operating officer, effective 29 April 2022. Johnson will serve on the management committee and will report to chief executive and president Rob Sharps. As chief ...

APRA champions flexible financial technology regulation

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
APRA chair Wayne Byres has espoused the importance of getting the Australian regulatory balance right with a clear plan, flexible approach and coordinated response. In a speech to the American Chamber of Commerce in Australia, Byres said that global ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
The Federal Court has ordered Westpac to pay a $1.5 million penalty for mis-selling consumer credit insurance with its credit cards and Flexi Loans, to customers who hadn't agreed to buy insurance policies. This penalty has come as a result of Westpac's ...

Key investor trends unveiled in latest IFM report

ANDREW MCKEAN  |  THURSDAY, 7 APR 2022
Industry superannuation fund owned IFM Investors has today released a report which expects decarbonisation to accelerate, with the energy transition driving greater investment in emission reduction programs. The report, Resilience and Transition: Infrastructure ...

Morrison government names new chair of Foreign Investment Review Board

ANDREW MCKEAN  |  THURSDAY, 7 APR 2022
Bruce Miller has been appointed as chair of the Foreign Investment Review Board (FIRB) for a five-year period. Miller has spent over 30 years of his career in the Australian government, covering senior positions in the Department of Foreign Affairs ...

Tax Practitioners Board adds two new members

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
Assistant treasurer of the Tax Practitioners Board (TPB), Michael Sukkar, has appointed Andrew Conway and Steven Dobson to the board for a three-year period starting from 30 March 2022. Conway is chief executive and a fellow of the Institute of Public ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
This week ANZ-Roy Morgan consumer confidence increased by 2.3 points to 93.4 after petrol prices dropped approximately 30 cents per litre. But consumer confidence is still 14.3 points below its level from the same week a year ago. Consumer confidence ...

Citi appoints new chair, head of BCMA

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
Citi has named Tony Osmond as the chair, banking, capital markets and advisory (BCMA) for Australia and New Zealand. A new head of the unit has also been named. Osmond will be charged with providing advice to Citi clients on complex transactions and ...

ASIC takes Federal Court action against Macquarie Bank

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
... could've impacted customers by $2.9 million in unauthorised withdrawals by now convicted former financial adviser Ross Andrew Hopkins. Last year Hopkins was sentenced to a six-year imprisonment term for the misappropriation of his clients' funds for ...