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

Search Results

Showing 2601 - 2610 of 17956 results for "Bank"

IOOF completes merger, appoints executives

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
IOOF completed its acquisition of MLC Wealth from National Australia Bank yesterday, adding 406 financial advisers to IOOF and making key appointments. Nine months after announcing the deal, IOOF has integrated MLC Wealth in a move that has also doubled ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Following industry backlash last year, the government is consulting on the recommendations for litigation funding and class actions. The Parliamentary Joint Committee on Corporations and Financial Services Report Litigation funding and the regulation ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
"The global economy has now returned to pre-pandemic activity levels." This was what the Organisation for Economic Cooperation and Development's (OECD) latest 'Economic Outlook' report revealed as it upgraded its projections for the world ...

Global Merces MD cops ASIC ban

KARREN VERGARA  |  MONDAY, 31 MAY 2021
The corporate regulator has banned Holly Grofski, the managing director of Global Merces Funds Management, from working in financial services for six months. ASIC's banning order is in addition to the criminal charges Grofski is facing, which alleges ...

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
The Australian Taxation Office is cracking down on cryptocurrency investors to report capital gains and losses in their tax returns after fears investors may think they are tax-free. The ATO estimates that 600,000 taxpayers have invested in crypto assets ...

AFCA names two lead ombudsmen

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... schemes. He will stay with AFCA on a part-time basis. Russell was most recently at Westpac where she was head of business bank legal and had oversight of business lending disputes, business bank remediation projects and regulatory projects. Previously ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... services PMI went up from 61.0 in April (final reading) to 61.8 in May - a 91-month high (October 2013). These justify the Bank of England's (BOE) decision at its May 5 monetary policy committee meeting to slow bond purchases to £3.4 billion a ...

Last day to vote in MAX Awards

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... Charitable Foundation ClearBridge Investments - WaterAid Zurich - Goals for Good LUCRF - The LUCRF Super Community Program Bendigo Bank - Bushfire Community Recovery Grants Program CREATIVE AGENCY OF THE YEAR Radar Sydney Ascender Design Leo Burnett ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
APRA executive director, superannuation division Suzanne Smith has warned superannuation funds that the regulator is looking out for toxic corporate culture and instances of misconduct. Speaking at the ASFA Spotlight on Risk and Compliance event, Smith ...

Qualitas appoints co-head of insto capital

KARREN VERGARA  |  FRIDAY, 28 MAY 2021
... that, he worked in senior roles in the property sector that included positions at MaxCap Group, JLL and National Australia Bank. Meanwhile, Charter Hall has appointed Kim Barnes as wholesale investor relations executive. Barnes reports to Adrian Harrington ...