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

Search Results

Showing 3161 - 3170 of 17956 results for "Bank"

Westpac hires consumer chief executive

ANNABELLE DICKSON  |  TUESDAY, 22 SEP 2020
... product development, digital ecosystem and investment in new technologies. He previously spent 13 years at Standard Charted Bank where his last role was global head of retail products and digital where he has oversight of the strategy, development, delivery ...

Magellan, Barclays back new firm

KANIKA SOOD  |  MONDAY, 21 SEP 2020
... in the domestic market and our focus on cross-border business, we see this as a compelling strategic investment," Barclays Bank PLC president Paul Compton said. "This opportunity enables us to complement our existing presence, leverage our global infrastructure ...

Macquarie director departs

ALLY SELBY  |  MONDAY, 21 SEP 2020
... substantial experience in the industry. Michael Hawker will step down from the boards of both Macquarie Group and Macquarie Bank at the end of October, after joining as an independent director in March 2010. Macquarie Group said Hawker's deep understanding ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... quarters of negative growth: -7.0% (annualised) in the December 2019 quarter and -2.3% in the March 2020 quarter. The au Jibun Bank Japan PMI survey underscores the improvement in activity. Although still in contraction territory (below the 50 reading) ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... A Westpac spokesperson said employers were given a minimum 30 days' notice to make the necessary changes and that the bank "has taken proactive steps to remind customers of the need to change their payment method within this time period." "Westpac ...

Aware Super, Lendlease execute $200m recapitalisation

ALLY SELBY  |  FRIDAY, 18 SEP 2020
... recapitalisation loans on assets in Boston and Chicago, working with Japan's Sumitomo Mitsui Banking Corporation and Singapore's OCBC Bank to close the deals. Lendlease and Aware Super - formerly First State Super - established a $2 billion investment ...

ME Bank profits rise in FY20

ELIZABETH MCARTHUR  |  THURSDAY, 17 SEP 2020
Despite all the challenges of 2020, ME Bank has managed a positive full year result with the bank determined to stick to its simple model. The bank had a statutory NPAT of $80.8 million in 2020, up 20% on last year's results. Its underlying NPAT was ...

Real opportunity for super funds in private assets: Schroders

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... been things like the supermarkets and it comes as no surprise that with the increase in the risk has come a reduction in bank capital and therefore, an increase in the spreads." Smith said there was an increase in spreads across all levels of the Australian ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... exact) till the year 2023, supported by the latest "economic projections of Federal Reserve Board members and Federal Reserve Bank presidents, that show PCE price inflation reaching the inflation target of 2% three years from now. The Fed's latest ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... Westpac which has so far notified shareholders of more than $1 billion in expected total costs from the matter, Commonwealth Bank resulting in a $700 million settlement in June 2018 (AUSTRAC dropped the case late last month) and Tabcorp resulting in ...