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Showing 2551 - 2560 of 17956 results for "Bank"

AMP board adds former banking chief

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
A former bank chief executive has joined the board of AMP as an independent non-executive director. Michael Hirst joins the ASX-listed firm on July 1, bringing over 40 years of experience in leadership roles across funds management, treasury and banking. ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
Financial markets widely expected the Bank of England's (BOE) decision to keep current monetary policy settings unchanged at its June monetary policy committee meeting. "The MPC voted unanimously to maintain Bank Rate at 0.1%... and to maintain ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
... received just 24 responses. Of those, just one has agreed to what the union is specifically asking for; Australian Mutual Bank is providing employees with two days of paid leave when they receive a vaccine, allowing one day off for each shot. The bank's ...

CountPlus acquisitions boost revenue by $9.4m

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... complete their financial adviser education requirements." Count Financial, which was previously part of the Commonwealth Bank, raised its provision for remediation related to historical adviser misconduct to $252 million.

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
... anti-money laundering and counter-terrorism financing laws. This month, AUSTRAC announced it was looking into National Australia Bank and its subsidiaries including JBWere. The financial intelligence agency is investigating NAB's "potential serious ...

CalPERS adds chief equity officer

JAMIE WILLIAMSON  |  THURSDAY, 24 JUN 2021
... to the pension fund, she held roles such as managing director, senior vice president, portfolio & risk management at PNC Bank in Philadelphia; chief compliance officer of Glenmede Investment Management; and vice president of the Glenmede Trust Company. ...

Westpac backs out of NZ demerger plans

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
... after reviewing the feasibility of the 160-year-old division and the impact of increased capital requirements. In March, the bank flagged that it was in early stages of reviewing Westpac New Zealand (WNZL) as regulatory requirements in New Zealand became ...

Citi names head of research

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... leadership has been a key driver in the growth of Citi Australia and New Zealand's research function. "Since he joined the bank in 2019, Paul has been 'leading the debate' on the Australian metals and mining sector, gaining recognition and ...

PwC names financial services lead

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
PricewaterhouseCoopers has announced senior leadership changes that includes appointing a new lead for its financial services unit. Tom Gunson has been promoted to the role of financial services leader, overseeing the consulting, assurance and financial ...

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
Clients who claimed Commonwealth Bank financial advisers put them in expensive CMLA life insurance policies instead of cheaper alternatives have been asked to work to a new group definition. The group proceedings were filed by Diana Tyrrell and Edward ...