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Showing 21 - 30 of 39 results for "ANZ Group 29.9 %"

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Retail banking practices don't carry "significant systemic risks" that deliver poor customer outcomes, an independent review has found. Some current practices however, are promoting unacceptable behaviours inconsistent with good customer outcomes and ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
The Australian Bankers' Association announced it will commit to the majority of the Khoury Report's proposed banking reforms, promising to raise its code of practice to meet higher standards. Of the 99 recommendations, the ABA is fully supporting 61 ...

Regulator finalises ANZ compliance review

ALEX BURKE  |  FRIDAY, 23 DEC 2016
ASIC confirmed the completion of ANZ's independent compliance review. The review, which was conducted by PwC, investigated compliance functions of ANZ's life and general insurance, superannuation and funds management businesses within the OnePath group. ...

Millennials getting personal with ANZ robo-adviser

ALEX BURKE  |  FRIDAY, 22 JUL 2016
Millennials were more interested in asking ANZ's IBM Watson-powered robo-adviser whether it was married to Siri than getting insurance information, according to ANZ Group Innovation channel development manager Jeanette Cheah. Speaking on a panel at ...

ANZ Wealth alternatives head departs

ALEX BURKE  |  THURSDAY, 3 MAR 2016
The head of alternative investments at ANZ Wealth will leave the company tomorrow. Simon Ford has managed ANZ Wealth's real estate, hedge funds, private equity, infrastructure, credit, commodities and insurance investments for six years, having joined ...

Joyce Phillips leaves in ANZ restructure

ALEX BURKE  |  WEDNESDAY, 2 MAR 2016
ANZ has announced it is simplifying its wealth management business, with group executive wealth, marketing and innovation Joyce Phillips departing in the process. The group's full year 2015 results showed the Global Wealth division contributed 8% to ...

ANZ taps clean investing with green bond issue

LAURA MILLAN  |  MONDAY, 25 MAY 2015
Clean investing gains momentum in Australia as ANZ issues its first green bond and Local Government Super (LGS) joins the global Portfolio Decarbonization Coalition (PDC). ANZ's first green bond will fund projects that have positive environmental or ...

Questions raised about ANZ and Timbercorp

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
The Senate Economics Committee inquiry into forestry managed investment schemes heard victims of Timbercorp point to the failed scheme's relationship with ANZ Banking Group. "The evidence presented at the first hearing of the Senate inquiry in forestry ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... their customers still deal with an average of 4.1 financial institutions. They are followed by Westpac Group (4.6), ANZ Group (4.7), and NAB Group (4.9). Across the big four banks, CBA Group is the most successful in terms of share of customers' products ...

Independent providers fail at cross-selling banking products

LAURA MILLAN  |  THURSDAY, 5 SEP 2013
AMP and industry funds are the major providers of superannuation for consumers and businesses, but they have had very little success at selling banking products to their customers. Only 1.6% of industry fund personal members deal with ME Bank and only ...