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Showing 21 - 30 of 424 results for "Big four banks"

Ethereum overtakes big four banks

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
... The second-largest cryptocurrency has reached new heights, with its market capitalisation surpassing that of the big four banks combined. Ethereum has a US$353 billion market cap, overtaking NAB, Westpac, ANZ and Commonwealth Bank. At the time of publishing ...

Public sector super satisfaction rises

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
... by OnePath, Mercer, MLC and Colonial First State. Satisfaction was lower for members of retail funds run by the big four banks, coming in at 61.4%. Levine said the impact of the fall in stock valuations as a result of COVID-19 along with the government's ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... and total deposits of $56 billion. BOQ said the acquisition creates a compelling alternative to Australia's big four banks. "Today's announcement is another major step in our strategy to be the leading customer-centric alternative to the big ...

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... As for the devasting bushfires that wreaked havoc in 2019-20, some 113 companies gave $145 million in total. The big four banks made a combined $19 million donation for bushfire appeals. News Corp and Seven Group donated $5 million each. The report calculated ...

WealthO2 names chair, director

ANNABELLE DICKSON  |  TUESDAY, 12 JAN 2021
... today. It is technology innovation that can lead change in an industry," Pettiona said. "With the decoupling of the big four banks from wealth the time is perfect for technological innovation to flourish." WealthO2 chief executive and co-founder Shannon ...

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... The ATO's latest Corporate Tax Transparency report found AMP Limited as the financial institution outside the big four banks with the highest tax bill $727 million in 2018/19. Macquarie Group followed behind at $493 million. Next up were the ASX ...

NAB wins custody mandate

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... got out of doing it itself. It later picked BNP Paribas but now is returning to NAB. NAB is the only one of the big four banks to offer custody and asset servicing. It has provided custody services since 1950 and global custody and investment administration ...

NAB Asset Servicing signs up to Charles River

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... factor helping us support our clients' operating models and organisational resiliency." NAB is the only one of the big four banks to offer custody and asset servicing. It has provided custody services since 1950 and global custody and investment administration ...

Fastest-growing AFSLs in the country

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... additions. It ended September with 254 current advisers, after 101 new registrations and 39 ceasings in the period. The big four banks saw the most adviser registrations cease: AMP Financial Planning (376), National Australia Bank (375), Commonwealth ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... work out a diversification strategy. "It barely even brings ANZ into line with announcements made by the other big four banks on thermal coal, and gives highly polluting companies another five year free pass to continue with business as usual," he sa ...