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Showing 1611 - 1620 of 4762 results for "Banking"

Pension fund and bank terminate asset manager

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
... have terminated about $200 billion in respective mandates with a major global asset manager. Scottish Widows and Lloyds Banking Group's wealth businesses have given Standard Life Aberdeen notice to terminate their partnership agreements with Aberdeen ...

IFAs tackling bank-owned competitors head on

KARREN VERGARA  |  FRIDAY, 16 FEB 2018
... not typically drawn to IFAs will find themselves more likely to opt for independent advice when they learn their trusted banking partner has been pushing products that are not in their best interests," the report said. GlobalData findings urged IFAs ...

Credit Suisse under investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
... whether Credit Suisse hired referrals from government agencies and other state-owned entities in exchange for investment banking business and/or regulatory approvals. Credit Suisse said it is co-operating with authorities on the matter. The revelation ...

NAB appoints new regional advice GM

ALEX BURKE  |  WEDNESDAY, 14 FEB 2018
... Miller. Miller took on the lead role in 2015. Commenting on Miller's departure, NAB chief customer officer of consumer banking and wealth Andrew Hagger said: "Greg's career with us has spanned over 35 years, across many changes to the financial advisory ...

Morrison unveils open banking framework

KARREN VERGARA  |  MONDAY, 12 FEB 2018
The Federal Government's final report into open banking details 50 recommendations on how the new regime can succeed and ultimately empower consumers. Last week, Treasurer Scott Morrison unveiled a list of proposals covering the regulatory framework ...

A-REIT chair retires, successor named

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2018
... meeting in May. Ferguson also announced the addition of former Merrill Lynch Australian managing director of investment banking, Vickki McFadden as a non-executive director to the GPT board. If approved by shareholders, McFadden is expected to be appointed ...

Fintechs save time: Spot poll

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... respondent indicated intentions to engage with fintechs in the next 12 months. Financial Standard reported that the new open banking regime will fundamentally change the way financial advisers interact with consumers - but several hurdles must be cleared ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
... and effect of any misconduct over the past five to 10 years. Overseeing the Royal Commission into the Misconduct in the Banking, Superannuation and Financial Services Industry, Commissioner Hayne outlined his focus and scope this morning in Melbourne. ...

CareSuper appoints investment manager

ALEX BURKE  |  FRIDAY, 9 FEB 2018
... the effectiveness of the member and client facing teams. He previously held senior executive roles in wealth management, banking and financial planning organisations including St Andrews Australia and Aviva Australia. Mark Lyons, meanwhile, joined as ...

Go your own way: AXA IM

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... perhaps most influential, the development of China's financial services infrastructure. "China already has the biggest banking system in the world, but it's reforming it into a capital market system at its own pace which will have significant consequences ...