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Showing 11 - 20 of 55 results for "Consumer Banking"

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 ...

Goldman Sachs realigns reporting structure

ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
... revenue from the segment, with US$3.16 billion coming from its wealth management business. In comparison, the consumer banking business generated only US$636 million, just 16.76% of Goldman Sachs total revenue for the segment. Chair and chief executive ...

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... at the same time dealing with the impact more broadly on their own communities," NAB chief customer officer - consumer banking Mike Baird said. "There are horrific tales of lost homes, lost livelihoods and most tragically, the loss of loved ones. Many ...

NAB remediation team swells, no executive bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
... Frank Mirenzi said: "We expect margins and earnings will remain under pressure in fiscal 2020, especially in consumer banking, as lower lending interest rates and low credit growth are likely to further dent group revenue and profits."