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Showing 4151 - 4160 of 17956 results for "Bank"

CountPlus' 100-day plan for Count Financial

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
CountPlus' acquisition of Count Financial from the Commonwealth Bank has been completed for a fee of $2.5 million - and CountPlus is confident its new business will return a first year profit. CountPlus acquired 85% of Count Financial with the 15% balance ...

Dividend payouts stagnate

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... financials and resources and lack of dividend growth reiterates the benefits of a global approach to secure income. Major bank Westpac kept its dividend flat for the eighth consecutive quarter. Pointing to Westpac's 3Q19 capital update, UBS highlighted ...

KPMG names financial services head

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... business banking for Western Europe, after earlier heading up global distribution and core retail banking. His time at the bank was preceded by a two year stint at Citi and three years at Westpac as head of its central program office and customer service. ...

IOOF advice remediation hits $235m

KARREN VERGARA  |  MONDAY, 26 AUG 2019
IOOF will fork out a whopping $235.3 million to compensate customers for bad advice and charging fees for no service rendered. The ASX-listed firm's June 2019 financial results were overshadowed by its client remediation bill that is expected to ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... certain to escalate further that is. Unless POTUS reverses his "take no prisoners" policy on trade (and even his own central bank), fasten your seatbelts and hang on to your toupees! Fed chairman Jerome Powell admitted as much at the Hole. "There are ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
The NSW shadow minister for finance and small business has asked what the state government is doing for advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
The Commonwealth Bank will sell its life insurance business for $150 million less than originally agreed as the sale experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing ...

M&G sets up shop down under

KRISTI CHENG  |  THURSDAY, 22 AUG 2019
... years. He has more than 30 years' experience in the fund management industry, having previously worked at MGPA, Macquarie Bank, and Mercer. His focus now is on the full breadth of investment capabilities for institutional clients. James MacKinnon moved ...

Best online brokers revealed

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
... Recep Peker explained the satisfaction results are significant because it shows the big banks are facing stiff competition. "Bank-backed brokers are facing strong competition from established independent brokers such as Bell Direct, CMC Markets and Interactive ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
"Your breath first kindled the dead coal of wars And brought in matter that should feed this fire; And now 'tis far too huge to be blown out With that same weak wind which enkindled it." - The Life and Death of King John Bill Shakespeare might just ...