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

Search Results

Showing 2981 - 2990 of 17956 results for "Bank"

HESTA partners with Australian Unity

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
The $56 billion industry superannuation fund for health workers has partnered with Australian Unity to establish a new capital source for the For Purpose, Mutual sector in Australia. HESTA has committed $20 million as a cornerstone investor in Australian ...

Trading platform partners with Sharesight

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... between two offerings, both of which provide access to live ASX pricing and settle via individual HIN and individual Macquarie Bank cash management accounts. Marketech Focus is backed by OpenMarkets, which provides the share-trading functionality. Managing ...

International consortium sets sights on Optus

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... company Stilmark and US neutral host wireless network operators in ATN International have appointed Q Advisors and Royal Bank of Canada as financial advisers to the sale process. The consortium wishes to pursue opportunities driven by growing infrastructure ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
Commonwealth Bank's lucrative Dollarmites program has taken another blow as Victorian schools have banned such programs in favour of financial lessons. Dollarmites came under fire in 2018 when ASIC began a review into school banking programs. In its ...

CBA in court for overcharging interest

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
ASIC has commenced proceedings against the Commonwealth Bank (CBA) for overcharged interest to thousands of customers, as revealed during the Royal Commission. In the Federal Court, ASIC will allege that CBA charged a rate of interest on business overdraft ...

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
... Ratio (LCR) and Net Stable Funding Ratio (NSFR), APRA said. According to Westpac's September 2020 Pillar 3 report, the bank had an LCR of 151% as at September 30, and an NSFR of 121.7%. The breaches have been rectified and do not raise concerns over ...

Jarden hires from UBS, HSBC

ELIZABETH MCARTHUR  |  MONDAY, 30 NOV 2020
Kiwi investment bank Jarden is continuing its rapid Australian expansion with the announcement of five new appointments. Anderson Chow was appointed head of industrials research, joining Jarden from HSBC where he was based in Hong Kong for a decade ...

ASIC takes action against missing woman

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... who has been missing since November 12. The interim orders prevent Caddick from removing assets (including funds held in bank accounts) from Australia, disposing of those assets, diminishing their value or incurring new liabilities. Caddick, who cannot ...

Finance is least ethical sector: Governance Institute

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
The financial services sector has had the highest improvement on an ethics index despite still receiving the lowest score of all sectors, new research shows. Governance Institute of Australia's fifth annual Ethics Index 2020 ranked the banking ...

Investment Trends names chief executive

JAMIE WILLIAMSON  |  THURSDAY, 26 NOV 2020
... returning to MLC Life as general manager, marketing - a role she held from 1994 to 1996. After a six-year stint at Deutsche Bank, Brennan spent just shy of 12 years as managing director of Comparator before joining CoreLogic and eventually BMFS Consulting. ...