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Showing 21 - 30 of 58 results for "Consumer Banking"

Goldman Sachs realigns reporting structure

ALLY SELBY | WEDNESDAY, 8 JAN 2020

... revenue from the segment, with US$3.16 billion coming from its wealth management business. In comparison, the consumer banking business generated only US$636 million, just 16.76% of Goldman Sachs total revenue for the segment. Chair and chief executive ...

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR | MONDAY, 6 JAN 2020

... at the same time dealing with the impact more broadly on their own communities," NAB chief customer officer - consumer banking Mike Baird said. "There are horrific tales of lost homes, lost livelihoods and most tragically, the loss of loved ones. Many ...

NAB remediation team swells, no executive bonuses

ELIZABETH MCARTHUR | THURSDAY, 7 NOV 2019

... Frank Mirenzi said: "We expect margins and earnings will remain under pressure in fiscal 2020, especially in consumer banking, as lower lending interest rates and low credit growth are likely to further dent group revenue and profits."

Dealer group acquires bank advice business

JAMIE WILLIAMSON | WEDNESDAY, 10 APR 2019

... deliver customers increased access to specialised financial planning services, Bendigo and Adelaide Bank executive, consumer banking Richard Fennell said. The dynamics impacting advice businesses have changed significantly in recent years, he said. "The ...

Andrew Hagger to lead investment, philanthropy group

JAMIE WILLIAMSON | WEDNESDAY, 9 JAN 2019

... NAB in September last year, replaced by former NSW premier Mike Baird in the role of chief customer officer of consumer banking and wealth management. His departure followed his appearance at the fifth round of the Royal Commission in August. Commenting ...

NAB signals more bad advice remediation

KARREN VERGARA | THURSDAY, 1 NOV 2018

... advice and products. The wealth division contributed $250 million of net profit - down 8.8% year on year. The consumer banking and wealth division, which includes mortgage brokers, and aligned and salaried financial advisers, reported $1.5 billion in ...

ASIC offers fee relief to drought-affected farmers

HARRISON WORLEY | TUESDAY, 2 OCT 2018

... branches in drought-affected regions open, in a move which the bank's newly appointed chief customer officer of consumer banking Mike Baird said demonstrates NAB's commitment to supporting customer through difficult times. "We know many of our customers ...

Hagger to depart NAB

JAMIE WILLIAMSON | MONDAY, 17 SEP 2018

... manager, deposits and transaction services. From October 1, Baird will move to the role of chief customer officer, consumer banking; leading NAB's retail banking business. The bank said he will also play a lead role in rebuilding NAB's reputation. Succeeding ...

NAB names wealth advocate

KARREN VERGARA | TUESDAY, 26 JUN 2018

... Centre, and a board member of City West Housing and Energy Consumers Australia. NAB chief customer officer of consumer banking and wealth Andrew Hagger said since Kingsford-Smith's appointment the complaints and review process has strengthened. "Professor ...

NAB launches super virtual assistant

KARREN VERGARA | FRIDAY, 16 MAR 2018

... busier than ever before," Davey said. Early this year, CBA launched Ceba, a chatbot that recognises about 60,000 consumer banking questions. Ceba's point of difference, according to CBA executive general manager digital Pete Steel, is that it can actually ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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