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

Search Results

Showing 3971 - 3980 of 17956 results for "Bank"

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... requirements. In Australia, RMBS issuance is a major source of funding for residential mortgages. In a speech last year Reserve Bank of Australia assistant governor (financial markets) Christopher Kent said: "Last year, RMBS issuance was at its highest ...

TCorp launches new bond

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... Guidelines 2018. "In addition, EY has provided independent assurance over our programme and the assets in our pool." ANZ, Bank of America Merrill Lynch and National Australia Bank will act as joint lead managers on for the transaction.

NAB faces half a billion in fines

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
National Australia Bank has admitted to breaching credit legislation 255 times over its axed introducer program for mortgages. NAB has filed documents in the Federal Court admitting to 255 of the 295 breaches of the Consumer Credit Protection Act alleged ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... Financial and remediation for wealth clients, and CBA said it is on track to divest aligned advice businesses by June 2020. The bank has not announced a replacement NewCo chief. CBA chief executive Matt Comyn said: "Jason has played a significant role ...

AMP dealer group head departs

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
... was director of product strategy and services at AMP and general manager of retail wealth platforms at National Australia Bank. Mortgage Choice chief executive Susan Mitchell said: "Tania was instrumental in leading Mortgage Choice Financial Planning ...

Financial services the most unethical industry

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
The financial services industry continues to take a beating in the court of public opinion, with new research showing Australian consumers see the banking and finance industry as the most unethical sector in the country. Released today by the Governance ...

Aberdeen Standard adds to fixed income team

ELIZA BAVIN  |  TUESDAY, 12 NOV 2019
... International Group in senior research roles for nearly 12-years. She has also held research and analyst positions with St George Bank, UBS Group and Maple-Brown Abbott. "Her valuable knowledge and experience investing in Australia and major markets ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
When the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 0.75% on November 5, Governor Philip Lowe issued this optimistic statement: "After a soft patch in the second half of last year, a gentle turning point ...

FIIG makes first impact investing play

HARRISON WORLEY  |  MONDAY, 11 NOV 2019
... women in 28 developing nations. It points out that around 1.7 billion adults - 56% of which are women - don't hold a bank account with a financial institution or mobile money provider. FIIG managing director Jim Stening said the bond was a milestone ...

First Sentier adds to global leadership team

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... Clover-More where he worked as the global manager, data, analytics and innovation, and prior to that he worked with Commonwealth Bank as a data analytics manager. "Hourigan brings a depth of experience in successfully leading and implementing data management ...