Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2481 - 2490 of 17956 results for "Bank"

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
Despite being among the prime targets of the government's recently launched inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... executive of Challenger in January 2019. Prior to that, he was a managing director at Zurich Capital Markets and Macquarie Bank. "I am exceptionally proud of what we have accomplished at Challenger, both in my time as chief executive and as part of the ...

BNP Paribas wins China custody agreement

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
BNP Paribas will now be able to support institutional investors from Australia and elsewhere investing in China's equities and bonds markets, under a new custody agreement. BNP Paribas today announced it has been granted a licence to provide custody ...

QSuper head moves to AMP

ANNABELLE DICKSON  |  MONDAY, 9 AUG 2021
QSuper's former head of product and services joined AMP Australia as general manager retirement solutions. Ben Hillier will lead the development of financial solutions across the AMP Australia business to help more Australians manage their wealth in ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Westpac sells life insurance unit

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... executive specialist businesses and group strategy Jason Yetton said: "This transaction is another step in simplifying the bank while continuing to help customers with their life insurance needs by partnering with TAL." In the last year, Westpac has ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... of 10 franked income stocks from its Australian and New Zealand coverage which pay very attractive dividends. "The Reserve Bank of Australia's indication that its target cash rate won't increase until at least 2024 has caused some investors to ...

ANZ adds former CFSGAM exec to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
The bank has added a former Colonial First State Global Asset Management co-head of unlisted infrastructure investments to its board. Christine O'Reilly will join the ANZ board on November 1 as a non-executive director, subject to shareholder approval ...

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... NAB comes second, with $556.1 million in fees slugged in return for no service affecting 677,531 customers, Commonwealth Bank is footing a $169.3 million compensation bill, while AMP's $230.4 million affects 225,513 customers. Macquarie has the lowest ...

Colonial First State adds to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
... late last year, as Anne Ward retired after chairing the boards for eight years. CFSIL and Avanteos are owned by Commonwealth Bank. In July, CFS promoted general manager of product Kelly Power to chief executive for CFS Superannuation, which also takes ...