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Showing 1591 - 1600 of 4762 results for "banking"

Commonwealth Bank parts with Narev-era executives

KANIKA SOOD  |  MONDAY, 26 MAR 2018
... departures, according to a joint-statement by Comyn and outgoing chief executive Ian Narev. Group executive institutional banking and markets Kelly Bayer Rosmarin will step down from her role after 14 years at the bank, the last five of which were spent ...

Powerwrap adds top industry names

JAMIE WILLIAMSON  |  MONDAY, 26 MAR 2018
... innovative institutional-grade wealth management platform in the market. "With the breakdown in the vertically-integrated banking model, Powerwrap is uniquely placed to offer financial planners and wealth advisers a non-bank-owned partner to conduct ...

ABA makes new code compulsory

KANIKA SOOD  |  MONDAY, 26 MAR 2018
Retail banks wishing to be members of the Australian Banking Association (ABA) will now have to sign up for its revamped Banking Code of Practice, which is currently awaiting ASIC's nod of approval. The new code will be binding, enforceable by law and ...

ASIC closes doors on Storm charges with two fines

ALEX BURKE  |  FRIDAY, 23 MAR 2018
... differently if they had the opportunity to do it all over again, they would strongly agree. "The main issue is that the banking fraternity were tripping over themselves in support of the Storm model." Financial Standard originally spoke to Weir back ...

AMP appoints director for $130 billion business

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
... engaging and highly relevant customer experiences," Sainsbury said. Finch joined AMP in 2013 after working at UK-based Lloyds Banking Group and Westpac bank. At Westpac, Finch held a number of senior management positions across the bank's retail ...

ANZ halts asset secured loans to retail customers

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... subsidiary breached responsible lending laws two dozen times between 2013 and 2015. The bank is slated to appear before the banking Royal Commission this week, after executives from NAB and CBA testified last week. Retail investors held 42% of the company's ...

SMEs shun banks, turn to fintechs

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... is recalculated every six months. About half (47.6%) of the 1253 small-to-medium business leaders who had not used non-banking lending options in the last 12 months said they are interested in using alternative financing in the future. Australia chair ...

Nomura appoints Australian president

KANIKA SOOD  |  FRIDAY, 16 MAR 2018
... bring Nomura's senior management line-up to about 70 executives across its asset management, retail, wholesale, merchant banking, corporate, and banking businesses. Separately, Nomura Holdings is currently working with a university on a research project ...

NAB launches super virtual assistant

KARREN VERGARA  |  FRIDAY, 16 MAR 2018
... busier than ever before," Davey said. Early this year, CBA launched Ceba, a chatbot that recognises about 60,000 consumer banking questions. Ceba's point of difference, according to CBA executive general manager digital Pete Steel, is that it can actually ...

Former Bennelong chair joins Copia

KANIKA SOOD  |  THURSDAY, 15 MAR 2018
... Management to its board as it gears up for growth, the company said today. Bruce Loveday has held senior executive positions in banking, asset consulting, institutional stockbroking, and investor relations. In July, 2017 Loveday was appointed the ARCO ...