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Showing 11 - 20 of 58 results for "Consumer Banking"

Citi unifies global wealth management business

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
Citi has overhauled its wealth management business, bringing together its global consumer banking and institutional client operations. Citi Global Wealth will unify wealth management teams in global consumer banking and the institutional clients group ...

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
... investors should avoid. Top of the list of bad ideas was physical bank branches, as the ARK researchers think consumer banking will shift to digital and mobile and banks that have invested too much in physical locations could be set to lose out. Digital-only ...

Westpac hires consumer chief executive

ANNABELLE DICKSON  |  TUESDAY, 22 SEP 2020
Westpac Group has appointed a former fintech chief executive to lead its consumer banking division. Chris de Bruin has over 24 years' experience in financial services and joins from Dubai-based fintech Deem where he has been chief executive for over ...

Citi names global chief executive

KARREN VERGARA  |  MONDAY, 14 SEP 2020
... down from official duties in February of 2021. Fraser, currently Citi's president and chief executive of global consumer banking, will succeed Corbat. She has been elected to the board of directors, a role which she will take on immediately. Fraser has ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... increase) and investment banking businesses. Citi chief executive Michael Corbat said the results come despite consumer banking revenues slowing significantly during the crisis. "While credit costs weighed down our net income, our overall business performance ...

NAB remediation bill grows

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... NAB's wealth business, which will be reported as a separate segment called MLC Wealth and no longer form part of consumer banking. In February, NAB warned of a delay in the offloading of MLC Wealth and said that due to the "challenging business environment" ...

Healy departs NAB

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
... approvals. The news comes after Mike Baird also announced his departure from the bank as chief customer officer, consumer banking, at the beginning of March. NAB said it supported Baird's decision to leave his position to "take a break" before searching ...

JP Morgan's coronavirus contingency plan

ALLY SELBY  |  THURSDAY, 5 MAR 2020
... its customers in the event of a pandemic. According to Bloomberg, there are 127,137 employees in the firm's consumer banking business in the US. About 10% of these employees will be asked to test working from home over the next few weeks. Banks around ...

Baird exits NAB

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
... effective April 15. NAB said it supports Baird's decision to leave his position as chief customer officer - consumer banking to "take a break" before searching for new opportunities. Anthony Waldron, an executive general manager in Baird's team ...

Viridian opens new offices

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
... look at the relationships," Calder said. "People are so unconnected to emails," he said, pointing to successful consumer banking apps. "Another huge gap is in financial literacy. If we could develop something where people - more the general community ...