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Showing 2741 - 2750 of 17956 results for "Bank"

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... has exposed dodgy sales of add-on insurance products promoted with credit cards and lines of credit to customers, under the bank's Credit Card Repayment Protection and Flexi-Loan Repayment Protection policies Between 7 April 2015 to 28 July 2015, ASIC ...

CBA to pay $7m for overcharged interest

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
The Federal Court has imposed a $7 million penalty on Commonwealth Bank for charging higher interest rates on business overdraft accounts than what it advised its customers over a four-year period. Following an investigation by ASIC, CBA admitted to ...

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
... in 2022-compared with the 3.1% and 2.4% it projected three months earlier. To be sure, recent improvements in the au Jibun Bank Japan PMI readings back up both institutions' optimism. But improving as they are, the latest survey showed that overall ...

HESTA hires investment manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 APR 2021
... decade in various investment analyst roles with The Gandel Group. She got her start in the industry through the Commonwealth Bank graduate program, according to her LinkedIn profile. HESTA confirmed to Financial Standard sister publication Industry Moves ...

NZ Super Fund appoints two GMs

KARREN VERGARA  |  WEDNESDAY, 7 APR 2021
... for the finance, tax, internal audit and investment operations teams. Steed is the current chief internal auditor at ASB Bank, and previously worked as chief financial officer at UDC Finance and division financial controller at ANZ. She also held senior ...

Elston grows distribution team

ANNABELLE DICKSON  |  WEDNESDAY, 7 APR 2021
... and South Australia. Weber was previously a business development associate at HUB24 and spent five years at Commonwealth Bank in trading. In his new role, Weber will be working with Elston's New South Wales distribution team. "We're really excited to ...

MLC exec to lead fintech

KARREN VERGARA  |  WEDNESDAY, 7 APR 2021
A former MLC advice executive has joined fintech Intelliflo to lead the Australian business in a newly created role. Intelliflo will welcome Geoff Rogers to expand the firm's presence in the local wealth management market on June 14. Rogers has been ...

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
... strength in our Asia Pacific division," Credit Suisse said. In announcing the hit, Credit Suisse also confirmed investment bank chief executive Brian Chin and chief risk and compliance officer Lara Warner stepped down. Warner's departure was immediate ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
"Come on, Barbie, let's go party"... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until ...

MLC enhances managed accounts leadership

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... joins from Mercer where he was an asset consultant. Bevan was previously executive manager, head of research for Commonwealth Bank's wealth business and was senior manager, advice & investment research. Prior to that he was a senior financial adviser ...