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Showing 391 - 400 of 3057 results for "ANZ - 23 %"

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
The financial services industry is supporting bushfire victims and volunteer firefighters however possible, as Australia is gripped by a bushfire crisis that has seen many lose their lives. The big banks were amongst the first businesses in the country ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
ANZ is the latest of the big four to be hit by the banking blues - identifying 3.4 million customers who have been overcharged as the bank swiftly makes good on recommendations from the Hayne Royal Commission. ANZ chief executive Shayne Elliot told ...

Market Forces takes aim at big banks

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
Controversial campaigner Market Forces have well and truly set its sights on Australia's big banks. After hitting Suncorp with a shareholder resolution in July, Market Forces has ramped up its efforts to influence Australia's largest financial institutions. ...

MLC Life loses super fund mandate

KANIKA SOOD  |  MONDAY, 16 DEC 2019
An $8.5 billion corporate superannuation fund has swapped out MLC Life Insurance for another provider after eight years. Qantas Super will now use OnePath Life as its insurance partner, with an expected start date of 1 July 2020. The fund started to ...

ANZ Private hands out $3.5b mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
ANZ Private has awarded a $3.5 billion mandate for multi-asset tactical asset allocation advisory. DWS was the recipient of the mandate, providing advisory services for tactical asset allocation on multi-asset model portfolios. As a result of the mandate ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
APRA has approved IOOF's application to purchase ANZ's superannuation business. The decision to allow the purchase of OnePath Custodians and Oasis Funds Management comes from APRA after it was granted the legislative power to approve or refuse an application ...

ACCC immunity deal questioned by court

ELIZA BAVIN  |  FRIDAY, 6 DEC 2019
JPMorgan's former head of equity, capital and derivatives, Richard Galvin, has been forced to answer questions over the immunity deal offered to him by the ACCC over the cartel scandal of 2015. The Commonwealth brought charges against ANZ, Citigroup ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
Superannuation funds are on their way to deliver 13% for the calendar year, and so far retail funds are outstripping industry funds' MySuper returns by 1.8%. The MySuper Index from SelectingSuper returned 10.9% for the 12 months to October end ...

Mercer hires from industry fund

ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
Mercer has appointed a chief risk and compliance officer who previously headed up risk for an $80 billion industry fund. Ruby Yadav steps into the role in Mercer's Melbourne office at the start of February as part of the Pacific leadership team. ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...