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Showing 1631 - 1640 of 4762 results for "banking"

Commonwealth Bank appoints new chief executive

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... Commonwealth Bank has named Ian Narev's successor. Effective 9 April 2018, Matt Comyn will be the new chief executive at the banking and wealth management group. Currently heading CBA's retail bank, he will replace Narev who announced his retirement ...

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
... Commonwealth Financial Planning and Financial Wisdom, as part of additional conditions ASIC imposed on AFSLs in August 2014. The banking and wealth group will pay about $1.9 million to customers who suffered a financial loss as a result of inappropriate ...

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... services covering the US insurer's business in Australia, Hong Kong and Korea. "HSBC is delighted to extend its broader banking and custody relationship with MetLife in Asia. We are committed to providing best in class services and solutions to meet ...

Global trading platform opens Sydney office

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... clients in Asia-Pacific markets, Europe and North America. Santo has 20 years of experience working across investment banking, hedge funds and trading. He was most recently a senior vice president of Northern Trust Capital Markets, focused on sales and ...

Royal Commission begins in February

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is calling for submissions ahead of its first hearing on Monday, 12 February 2018. The initial public hearing, which will see the Commissioner and Senior ...

Commonwealth Bank launches chatbot banker

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
Commonwealth Bank customers can now complete more than 200 banking tasks using a newly-launched chatbot. Leveraging artificial intelligence, the bank has launched Ceba, a 24/7 chatbot capable of recognising about 60,000 variations of questions regarding ...

Independent expert awaits bank remuneration guidelines

ALEX BURKE  |  FRIDAY, 19 JAN 2018
... Sedgwick Review recommendations and early efforts to change policies and practices in order to align to the revised Code of Banking Practice." "It is also encouraging to see collaboration across the industry through measures such as the Customer Advocate ...

Former advice dealer group chief executive surfaces

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
... that an expansion into the Melbourne market can bring," he said. Chase Corporate Advisory is an independent investment banking and private equity investment firm that specialises in middle market mergers and acquisitions, capital advisory and private ...

Venture capital sector booming but needs greater government support

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
... is seen as one barrier on the development of new innovation capabilities in an economy. Weaknesses and problems in the banking sector have meant that debt finance for young firms has been rationed," the IPA said. KPMG's Price added Australia's start-up ...

Industry veteran to join YBR executive team

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
... having co-founded Macquarie's mortgages and securitisation business and most recently serving as head of its intermediary banking unit. He is widely regarded as a pioneer of Australia's mortgage industry, highly involved in its development. In a statement ...