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Showing 3201 - 3210 of 17956 results for "Bank"

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Class action proceedings have been filed against Count Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act. The proceedings filed by Piper Alderman in the Federal Court of Australia ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... uncertainty surrounding the pandemic - and recent reports of hiccups in the UK/Euro Brexit negotiations -- so much so that the Bank of England (BOE) and the Exchequer remain on their toes. The BOE kept the Bank Rate unchanged at its July meeting after ...

WAM names new board member

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Geoff Wilson's WAM Capital has appointed a former Commonwealth Bank chief technology officer to its board, set to help strengthen the investment group's technological capabilities. Matthew Pancino has nabbed the role, however, the appointment remains ...

ASIC restrains Mawhinney

ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
... insight into Mawhinney's personal financial situation. According to an affidavit provided to ASIC lawyers, he holds a bank account in Monaco but claims that bank account was never used. He does not own any property in his name or have any credit ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... income (consisting of investment income, earnings from unincorporated businesses and social assistance benefits)". The Reserve Bank of Australia (RBA) and the Morrison government's stimulus measures may have put money in our hands but with social ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... much more successful than in most other nations around the world." Gareth Aird, head of Australian economics at Commonwealth Bank, said the contraction was greater than anticipated, but is still not as scary as it seems. "The miss for us was on household ...

CommSec adds general manager

JAMIE WILLIAMSON  |  THURSDAY, 3 SEP 2020
... 2019. Previous to that role he served as country head for GAIN Capital, and has held a number of senior roles across Royal Bank of Scotland, ABN AMRO Bank, Citi and Deutsche Bank. Westpac recently appointed Smoker's replacement in former BNY Mellon ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... was founded by Tim Woodhouse, a former Avant Solutions managing director, ING business development manager and Commonwealth Bank senior manager. IOOF chief executive Renato Mota said Wealth Central is an important piece in its transformation. "This is ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The big four banks are set to face the House of Representatives Economics Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding ...

Female fund managers outperform men

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
... to 41% managed by men after adjusting for risk, as the former is faring better against the market swings, the investment bank found. The median female-managed mutual fund has lagged its benchmark by only 60bps on a year-to-date basis, while funds without ...