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Showing 3121 - 3130 of 17956 results for "Bank"

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... level," Rainmaker said. On the equities front, super funds' top holdings are remarkably consistent, with CSL, Commonwealth Bank, NAB, Westpac, BHP Group, Macquarie, ANZ, Woolworths, Rio Tinto and Telstra appearing among the top 10 holdings of almost ...

Fintechs receive JobMaker funding boost

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
Fintechs and regtechs are among the beneficiaries of the Federal Government's $800 million package aiming to help businesses boost their digital capabilities as part of the JobMaker scheme. The JobMaker Digital Business Plan will give fintechs a $9.6 ...

Superhero nabs new recruits

ALLY SELBY  |  FRIDAY, 2 OCT 2020
Newly launched online trading platform Superhero has nabbed two new recruits, including a former Commonwealth Bank executive and Shaw and Partners manager, as sign ups and activity across the low-cost platform soar. Superhero co-founder and chief executive ...

Adviser charged with stealing super

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... said. "It may also be that the signatures on some of the forms were not the members' signatures. Some forms also gave bank account details that were not the members' bank accounts. Instead, according to ASIC's investigations, they were bank ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However, it shifted its outlook of the group from review for downgrade to stable. AMP responded to the downgrade ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
ASIC and the Reserve Bank of Australia have outlined their expectations for the replacement of ASX's clearing and settlement system CHESS, as it shifts towards more contemporary and flexible software. The importance of replacing the system in a timely ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending. Prime Minister Scott Morrison gave the insight during his National Press Club address ...

Clime names new chair

ANNABELLE DICKSON  |  FRIDAY, 2 OCT 2020
... chief executive of Souls Funds Management and Wilson HTM Investment Group. He also held senior positions at Commonwealth Bank and Citibank. Donald McLay was chair for over five years and remains chair of Credit Corp Group and Registry Direct. The change ...

New deputy Aussie equities head at Aberdeen Standard

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
Aberdeen Standard Investments has appointed a new deputy head of Australian equities, after Michelle Lopez replaced Robert Penaloza as the head last year. Natalie Tam is moving into the role after 15 years on the team. She first joined Aberdeen as an ...

BABL named, shamed over Great Southern

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
Bendigo and Adelaide Bank Limited (BABL) has been singled out as breaching the Code of Banking Practice within its Great Southern Loans business unit. The Banking Code Compliance Committee (BCCC) said in its annual report that the BABL breaches occurred ...