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Showing 321 - 330 of 2610 results for "Employees"

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... global offering, broader geographic reach and access to even greater expertise. We'll create a bank that our clients, employees, investors, and Switzerland can be proud of." FINMA chief executive Urban Angehrn also commented that the completion of the ...

Sequoia backs budding investment manager

CASSANDRA BALDINI  |  TUESDAY, 13 JUN 2023
... Sammut explained to Financial Standard. The services include the addition of Sammut and "a number" of current Sequoia employees supporting the launch including Mark Phillips, Michael Butler, and Alex Edmonds. Further, Sammut will move across to Euree ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... been provided in the previous 12 month is to be removed. The exception to conflicted remuneration rules for agents or employees of Australian Authorised Deposit-Taking Institutions (Recommendation 13.5) will also be removed. Life, general and consumer ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... staff with a back-payment of $32 million, inclusive of interest and superannuation. Suncorp underpaid nearly 16,000 employees between May 2014 and March 2022. The issue stemmed from the bank's inconsistent application of the 'Rostered Employee' clause ...

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... SMSF Solutions, Ascend, Cavendish, Justsuper, Multiport, SuperIQ, SuperMate and yourSMSF. Under the deal, about 500 employees will transition out of AMP. This will include current chief executive Grant Christensen. He is to be replaced by Rowe as managing ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... consideration, we have placed significant weight on the impact of the current rate of inflation, on the modern award for light employees, especially the low paid, to meet their basic financial needs," he said. "We have also had regard to the need to ...

Link Group acquires Allens' company secretarial business

ANDREW MCKEAN  |  FRIDAY, 2 JUN 2023
... "significant" new client base and accelerate the growth of its Corporate Markets division. As part of the deal, all permanent employees from Allens' company secretarial business will be absorbed into Link. Link Corporate Markets chief executive Paul ...

It's the year of the raise, says Hays

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
... banking category - which comprises superannuation, funds management and financial planning - are planning to give their employees more than 3% this year. Of those, 21% are planning increases of more than 7%. However, there is somewhat of a disconnect ...

JPMorgan developing investment advice AI

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
... runs throughout our payments processing and money movement systems across the globe." Currently JPMorgan has over 1000 employees involved in data management, 900 data scientists working on AI and machine learning models, as well as 600 machine learning ...

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... Melbourne-based corporate superannuation fund. Mercer has confirmed it is undertaking a successor fund transfer with the Holden Employees Superannuation Fund (HESF), to be completed on or around June 1. The two formally began discussions in December ...