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Showing 4181 - 4190 of 17956 results for "Bank"

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... Andrew Thorburn at NAB's 19 December 2018 meeting and supported equity grants to ANZ chief Shayne Elliott, Commonwealth Bank chief Matt Comyn and Westpac chief Brian Hartzer. However it voted against Westpac's remuneration report. At AMP, it ...

Ex-ANZ adviser goes solo

ELIZABETH MCARTHUR  |  TUESDAY, 13 AUG 2019
... Financial Standard she started Zebra after 16 years with ANZ, when things started to shift for financial advisers at the big bank. "The duties of a financial planner wouldn't change but relationships with ongoing clients were potentially going to change," ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
In his outing before the Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's ...

AMP advisers to fight BOLR changes

JAMIE WILLIAMSON  |  MONDAY, 12 AUG 2019
... pay the same when the adviser retired. Further, many of AMP's advisers have taken on significant debt - largely through AMP Bank - in order to buy or expand their books. Macdonald said that, in many cases, advisers put up their family homes as security ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
... compared to the median workplace MySuper product's 8.9% return for the period, according to Rainmaker data. Commonwealth Bank's annual results announced last week showed that wealth management, which is made up of superannuation, investment, retirement ...

Aussie fintech names new chief

KRISTI CHENG  |  MONDAY, 12 AUG 2019
InPayTech has promoted internally to make Dean Martin their new chief executive, the company has announced. Martin is currently InPayTech's head of customer experience, a role he has been in since February this year. His appointment as chief executive ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
When it met on August 1, the Bank of England (BOE) rightly anticipated slower GDP growth in the second quarter, saying: "After growing by 0.5% in 2019 Q1, GDP is expected to have been flat in Q2... reflecting both the impact of intensifying Brexit-related ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... value of advice registers held by AMP, recognition of BOLR notices lodged prior to June 30 and expected credit losses on AMP Bank advanced loans to advice businesses. Throughout 2020 the group will also work to reshape the aligned AMP advice network ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... yields. If the relatively stronger economic growth in the past wasn't able to sustainably lift inflation to within central bank targets, what more now that growth around the world is decelerating. Note: the People's Bank of China's inflation ...

Westpac fined over reporting failure

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
APRA has handed Westpac the maximum financial penalty it can for failing to meet reporting obligations. Westpac and its subsidiaries St George Finance Holdings and Capital Finance Australia will pay more than $1.5 million after breaching requirements ...