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Showing 3781 - 3790 of 17956 results for "Bank"

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... taking in the first half of the financial year to address legacy issues and "position AMP for the future". AMP Capital and AMP Bank were the only two arms of the business that experienced growth, despite some of this offset the board decided not to declare ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
AMP is facing a fresh class action, as Shine Lawyers confirms it is investigating whether the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. Shine Lawyers alleges the beleaguered firm failed ...

Compensation bill hits $750m

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
Six of Australia's largest banking and financial services institutions have so far paid, or offered, a total of $749.7 million in compensation to customers, according to new data released by ASIC. The regulator said AMP, ANZ, CBA, Macquarie, NAB and ...

Former Securitor manager joins Paragem

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... financial advice. Prior to his tenure with Securitor, Kouimanis worked as a financial planning manager at the Commonwealth Bank, and also spent several years with Colonial First State as a business development manager.

Super fund reveals ASX 100 equality laggards

ALLY SELBY  |  TUESDAY, 11 FEB 2020
... percentage score for how close the company was to meeting best practice. The big four performed well, with National Australia Bank, Westpac, ANZ, and the Commonwealth Bank scoring 89%, 89%, 88% and 83% respectively. Despite this, all four banks declined ...

Challenger boutique winds up

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
An alternatives boutique that Challenger's multi-boutique business Fidante partnered with in February last year has wound up. London-based FME Asset Management (Financial Markets Engineering) ran a derivatives-based strategy taking positions in ...

Macquarie expected to fall short of 2019 performance

HARRISON WORLEY  |  TUESDAY, 11 FEB 2020
Macquarie Group still expects its 2020 financial year performance to be down on last year, despite growth in the firm's asset management and banking and financial services divisions this quarter. Macquarie Group chief executive Shemara Wikramanayake ...

Perpetual announces new executive hire

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
... distribution and chief operating officer for Singapore. Prior to her current role, Gazal also held senior roles at Deutsche Bank and Credit Suisse in Asia and London. Perpetual chief executive, Rob Adams, said the creation of the role was a key appointment ...

ACCC denies impropriety

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
The ACCC has denied acting with impropriety in bringing criminal cartel charges against ANZ, Citigroup and Deutsche Bank. The regulator is being questioned after the Commonwealth brought charges against ANZ, Citigroup and Deutsche Bank following the ...

Fund manager hires from Paradice

ALLY SELBY  |  TUESDAY, 11 FEB 2020
... its global head of operations. Previously she worked in similar roles with Nikko Asset Management Group and State Street Bank & Trust. Bentley describes herself on LinkedIn as an experienced executive who likes to have fun. "Bentley is an experienced ...