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Showing 221 - 230 of 608 results for "Big Four"

Howard: Bank scrutiny "strange"

KERRIE SYDEE  |  THURSDAY, 6 OCT 2016
The scrutiny of Australia's big four banks has been labelled "strange" by former Prime Minister John Howard, who heralded the institutions as one of four pillars that guided Australia through the Global Financial Crisis. Howard was the first plenary ...

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
... interests. The analysis between Roy Morgan Research and ISA reveals a doubling in direct super sales advice from the big four banks between 2011 and 2015. It corresponds with a 40% increase in the big four bank's super switching market share, according ...

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
... CBA's Ian Narev faces the House of Representatives Economics Committee in Canberra today. Narev will be the first of the big four banks' chief executives to front the parliamentary committee, to be followed by those of ANZ, NAB and Westpac over the coming ...

Macquarie Australia's favourite finance brand on social media

KERRIE SYDEE  |  WEDNESDAY, 28 SEP 2016
Macquarie has beaten the big four banks when it comes to customer engagement and is the favourite Australian finance brand on social media, according to a new report from NetBase. The finance love list is part of the NetBase Top 50 Love List which examines ...

IOOF upgrades Pursuit functionality

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... standing instructions portal; and an online withdrawals portal which enables same day receipt of funds from any of the big four banks. IOOF Pursuit is currently one of the largest retail platforms in the market, with achieving almost $16 billion in funds ...

New Bentleys director to encourage growth

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... and management solutions." Van Deventer has international experience, beginning his career with one of South Africa's big four banks before moving into the private sector. "We are constantly evolving and broadening our service offering to ensure we provide ...

US funds launch lawsuit against big four banks

ALEX BURKE  |  FRIDAY, 19 AUG 2016
A class action lawsuit has been launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks for their alleged rigging of the bank bill swap reference rate (BBSW). The Sonterra Capital Master Fund, Frontpoint Financial ...

ABA denies precedent for matching RBA cash rates

ALEX BURKE  |  FRIDAY, 5 AUG 2016
... customers why they have not done so." Subsequently, Turnbull and Treasurer Scott Morrison proposed an annual meeting with the big four banks at a House of Representatives standing committee on economics where the institutions would, in Turnbull's words ...

S&P outlook downgrade extends to banks

KERRIE SYDEE  |  FRIDAY, 8 JUL 2016
... reaffirmed, but saw their outlooks move from 'stable' to 'negative', a move that threatens to raise borrowing rates for the big four. Head of investment strategy, multi assets at Perpetual, Matthew Sherwood said the outlook downgrade was the result of ...

ASIC to run rule over mortgage commissions

MARK SMITH  |  THURSDAY, 26 MAY 2016
... Securities and Investments Commission (ASIC). According to reports, the regulator will over the next fortnight ask the big four banks and eight other lenders to provide details on the various payments they make to brokers in a bid to assess how they ...