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Showing 141 - 150 of 608 results for "Big Four"

CBA and Alipay to bring in Chinese shoppers

KANIKA SOOD  |  THURSDAY, 20 DEC 2018
... in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB which announced a pilot in November with an early 2019 roll out. Business ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... exits financial advice HSBC quietly called time on its Financial Advice arm in July, joining three of Australia's big four banks in spinning off their wealth management arms, with Commonwealth Bank announcing the demerger of Colonial First State ...

Stop undermining franking credit refunds: Wilson

KARREN VERGARA  |  FRIDAY, 30 NOV 2018
... asset classes at the expense of local tax payments and employment, he said. Retail investors comprise 43% to 53% of the big four banks, he said, noting that they could be "hurt the most" collectively losing $17 billion solely from their bank shareholding. ...

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... misconduct exposed in the Royal Commission. In their responses to Commissioner Kenneth Hayne's interim report, Australia's big four banks - as well as AMP and Macquarie - went as far as to say Hayne should avoid recommending legislative action disturbing ...

Gender diversity in advice dormant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... country's advisers - a figure that has remained stagnant for several years. However, looking at advice groups, three of the big four banks have numbers approaching one third of their total adviser force. About 27% of the advisers aligned with Commonwealth ...

Banks must reshape to survive compliance and technology crunches

DARREN SNYDER  |  TUESDAY, 6 NOV 2018
KPMG and EY highlight Australia's big four banks must balance ongoing compliance costs with continued spending in technology or face being left behind when it comes to innovation. In their post FY18 analysis of Australian bank results, KPMG and EY point ...

What the RC can teach us about trust: Deloitte

DARREN SNYDER  |  MONDAY, 29 OCT 2018
One of the big four accounting and professional services firms is seizing the financial services Royal Commission as an opportunity to better understand how trust works in Australian banks. Launching its first trust index for Australia's banking ...

Perpetual partners with Microsoft

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
... manage the liquidity requirements by allowing them to stress test portfolios easily. Early takers include one of the big four banks, two mutual banks and a neo bank, Perpetual said.

Superannuation ripe for blockchain

HARRISON WORLEY  |  MONDAY, 15 OCT 2018
... leaders gear up for the annual Sibos conference from October 22 to 25 in Sydney. The conference will see Australia's big four banks and local startups share the floor with some of the world's most influential organisations, including Microsoft ...

Bank cross-selling success declines: Research

KANIKA SOOD  |  MONDAY, 8 OCT 2018
The big four banks are capturing only about 30% of their customers' total spending on financial services products, according to new research. During the Royal Commission, the banks copped criticism for consistently referring existing customers to other ...