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Showing 391 - 400 of 4759 results for "Banking"

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... Australians can access advice more easily, Jones said that it was a "much safer sandbox" compared to other industries like banking or other managed investment schemes. "If we can't make it work inside of RSEs or inside of superannuation funds, it's ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
The Finance Sector Union will front the Fair Work Commission on behalf of Commonwealth Bank staff, fighting the banking giant's mandate that staff be in the office 50% of the time. At the end of May, CBA told staff that they would be required to work ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... among institutional investors pulling money out of active fund managers that were subject to structural changes since the Banking Royal Commission. Some of the investment managers with the largest negative net flows were spun out of the large wealth ...

ESR appoints investment, operating chiefs

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
... Hongkong & Shanghai Hotels Limited. Before this, he was a managing director at JPMorgan and head of real estate investment banking, Asia. ESR Group co-founders and co-chief executives Stuart Gibson and Jeffery Shan congratulated both Daitch and Lawson ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... resilience when a sudden bank run and contagion caused three large banks to fail and we experienced significant stress in the banking system, stemmed only by invocation of the systemic risk exception and creation of an emergency lending facility," he ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... likely to spur vertical integration as asset and wealth management organisations bring together expertise from private banking, wealth management and other client access points with the core value drivers of investment performance." In 2022, asset managers ...

Commonwealth Bank backs Wollemi Capital

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... services sectors, as well as reducing global greenhouse gas emissions. Commonwealth Bank (CBA) group executive, institutional banking and markets Andrew Hinchliff said the investment of an undisclosed amount will enable the pair to collaborate on a broad ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... ignored the express wishes of the consumers to cancel policies and acted so as to wear them down," the judge said. The banking Royal Commission grilled Howden about the boiler room sales tactics he imposed on his call centre staff, incentivising them ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... 25 years' experience to the Mercer Superannuation (Australia) board, encompassing a wide scope of roles in investment banking sponsor and capital markets across a range of corporate and government sectors globally. His past positions include serving ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... particularly in an environment of high inflation, rising interest rates, the Russia-Ukraine War, and issues in the US regional banking system," he said. Chatfield emphasised that Cbus would maintain its strategic commitment to property, underscoring ...