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Showing 3631 - 3640 of 19578 results for "Ban"

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. As part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined ...

MLC Life restructures, appoints lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 SEP 2020
MLC Life Insurance is combining its group and retail life insurance divisions to better meet client needs, saying the current level of service is not acceptable. The group has also appointed a new executive team to lead the initiative. The life insurer ...

First Sentier completes global rebrand

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
After changing its branding in Australia just over a year ago, First Sentier Investors has finalised the roll out of its new name in all markets. Formerly known as First State Investments in Europe, the Americas and Asia Pacific, First Sentier said ...

MLC Wealth risk lead departs

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
A chief risk officer at MLC Wealth has departed the business, with an acting chief appointed for the interim. Julia Pryor finished in her role as acting chief risk officer for the retirement and investment solutions and platforms division at MLC Wealth ...

AMP Capital launches infra debt strategy

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
AMP Capital has launched a new infrastructure debt strategy, set to help investors capitalise on emerging growth opportunities in the Asia Pacific region. The Infrastructure Debt Asia Pacific strategy will target infrastructure mezzanine debt opportunities ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
Reserve Bank of Australia (RBA) deputy governor Guy Debelle address at the Australian Industry Group's (AiG) September 22 virtual conference sparked a second wave - a second wave of negative interest rate speculation, that is. It was last on the ...

Liberman firm backs non-bank lender

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
A Liberman family investment company has topped up its investment in a small bank lender. Josh Liberman Investment Group first invested in small-medium enterprise lender Lumi in November 2018 with a $31.5 million raise as a cornerstone investor. Lumi ...

Boutique welcomes operations chief

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
A former executive of Lazard Asset Management has moved to a $10 billion Sydney-based boutique to lead its operations. Melanie McQuire is the new chief operating officer at Maple-Brown Abbott, responsible for the firm's operating and technology ...

Westpac hires consumer chief executive

ANNABELLE DICKSON  |  TUESDAY, 22 SEP 2020
Westpac Group has appointed a former fintech chief executive to lead its consumer banking division. Chris de Bruin has over 24 years' experience in financial services and joins from Dubai-based fintech Deem where he has been chief executive for over ...

Finance job ads perk up

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
Hiring activity in the banking and finance sectors is starting to pick up, after dropping 48% in April and May, latest job advertisements data show. A SEEK analysis between July and August shows demand in financial planning, compliance and risk, and ...