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

Search Results

Showing 3721 - 3730 of 17956 results for "Bank"

Take pride in super: Rice Warner

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... pension costs from the current 2.7% of GDP to something closer to the OECF average of 8%." The firm pointed to a Reserve Bank of Australia research paper authored by RBA deputy secretary Ellis Connolly, which indicates SG "adds significantly" to savings ...

J.P. Morgan offloads Melbourne properties

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
J.P. Morgan is moving to divest two Melbourne-based properties as vacancy rates in Melbourne fall to record lows. The two properties include St Collins Lane mall and a Southbank office tower known as Twenty8 Freshwater Place. The asset manager bought ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... dire prognoses, along with the heightened volatility in the financial markets, have spurred finance ministers and central bank governors of the G7 to assure us, mere mortals, of a concerted response. Several central banks have already cut interest rates ...

Westpac director heads for the exit

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
A member of Westpac's board is preparing to leave the turmoil stricken big bank after less than two years as a director. The bank has confirmed the departure of director Anita Fung from its board. Fung was appointed to the board in the midst of the ...

JP Morgan's coronavirus contingency plan

ALLY SELBY  |  THURSDAY, 5 MAR 2020
Global investing powerhouse JP Morgan has started testing out its coronavirus contingency plan, in case the virus develops into a global pandemic. Thousands of the bank's US employees have been asked to spend a day working from home in the coming ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
Well, what do you know? Reserve Bank governor Philip Lowe had been right all along in his claim that, "the Australian economy appears to have reached a gentle turning point". The latest Australian National Accounts proved the truth in Lowe's statement. ...

Baird exits NAB

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
... manager in Baird's team, will act as chief customer officer of consumer banking, subject to regulatory approvals, while the bank searches for a permanent replacement. NAB group chief executive Ross McEwan said: "Mike has been a tremendous leader ...

Stanford Brown hires Deloitte director, acquires firm

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
... the acquisition of one such firm from Godfrey Penbroke. World Square Financial Services was founded by former NAB Private Bank financial adviser Robert Wiggins, and specialises in advising high net worth clients and families.

WealthO2 appoints national BDM

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... its investment administration and client services team. Prior to this, Moore worked as a wrap administrator for Macquarie Bank. Bernasconi said the appointments come in response to the platform's recent growth. "The high calibre of these appointments ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... disadvantage MySuper members who should have access to financial advice and should not be forced to pay for it out of their bank accounts if they are unable to afford it from their cashflow." The AFA also took issue with page 242 and 243 of the Royal ...