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Showing 3241 - 3250 of 17956 results for "Bank"

AMP hires risk lead

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
... risk, superannuation, retirement and platforms. Justine Gorman will step into the role, joining AMP from National Australia Bank where she was head of risk, wealth transformation program. Gorman spent approximately two and a half years at APRA as principal ...

MUFG appoints sector head

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
Japan's largest bank has promoted a Melbourne-based director to head of resources, utilities, infrastructure and transport for Oceania. Kristy Datson is moving into the role after about two years at Mitsubishi UFJ Financial Group (MUFG). In her most ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... payment due over the following two years. Vendor finance operates out of Westpac subsidiary Capital Finance Australia. The bank said it would retain and manage the remaining Capital Finance equipment business. The combined businesses are set to create ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
Suncorp has reported an 8% drop in funds under administration for its wealth business, as it posted a 6.8% fall in ongoing operations for FY20 as a result of COVID-19. Suncorp has been battered by extreme weather events, high reinsurance costs and low ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
Australia's private sector activity is back, back in contraction that is. The Commonwealth Bank flash Australia composite PMI fell to a reading of 48.8 in August - indicating "Contraction, change of direction" - from 57.8 in July - indicating "Expansion ...

ASIC takes action against RI Advice

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
... unknown party had gained access to Miller's email and used the account to request a bookkeeper transfer funds to a Turkish bank account. This was found to likely have been caused by Trojan malware installed on Miller's laptop.

Pengana sales manager lands distribution gig

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... experience and credibility." Keen is set to be responsible for the distribution of 8IP's products to the wholesale, private bank/wealth, IFA's and independent research sector, Walsh said. "The strategy will also incorporate the dealer group and ...

Morgan Stanley duo establishes advice boutique

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
Two former Morgan Stanley financial advisers have started a new private wealth firm focused on HNW and UHNW clients. Craig Emanuel and Tim Whybourne have worked together for 10 years, at UBS and more recently, Morgan Stanley Private Wealth Management. ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... services and data and analytics solutions businesses was driven by growth in private balance sheet securitisation supporting our bank clients' access to the RBA's term funding facility, as well as continued growth in public market securitisation FUA ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... Brisbane Airport are superannuation and other institutional funds, including the likes of Colonial First State, Commonwealth Bank Group Super, MTAA Super, Sunsuper and UniSuper. In addition AustralianSuper, Cbus, HESTA and Hostplus are major investors ...