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Showing 4211 - 4220 of 17956 results for "Bank"

ASIC reveals advice remediation progress

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... banks and AMP oversee financial advisers has netted less than $120 million in remediation to date. AMP, ANZ, Commonwealth Bank, NAB and Westpac have paid a total of $119.7 million [see figure 1] in remediation for poor financial advice since the corporate ...

Boutique manager hires investment banking expert

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... MCP also announced three other hires in a bid to expand. Jake Muspratt, Paul Wilkinson and Tim Addison will help the non-bank corporate lender in the areas of project and infrastructure transactions, corporate lending and commercial real estate assets. ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
The latest stakeholder survey shows the Royal Commission continues to hurt the regulator's standing in the financial services community. APRA's latest biennial stakeholder survey shows industry players are less impressed with the prudential ...

Advice software firm appoints sales lead

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... with cash, superannuation, annuities, and more recently in the managed accounts space, for institutions including Macquarie Bank and Challenger. "He will bring a great understanding of different styles of financial planning businesses with which to introduce ...

Financial services boom rolls on

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2019
The financial services industry continues to be the largest contributor to economic growth and pays employees above-average wages, according to a new report. Data compiled by the Financial Services Council in its 2019 State of the Industry report shows ...

NAB Asset Management hires insto director

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2019
... He was with the fund manager for close to nine years. He has also previously held roles with Hastings Funds Management and Bank of Ireland Global Markets. In March, JCP Investment Partners confirmed it was closing its doors and progressively winding ...

Sydney portfolio manager on best female fundies list

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
The Sydney-based portfolio manager of an Aussie equities fund has earned a spot on Citywire's list of the top 30 female fund managers across the globe. Kate Howitt, the manager for Fidelity Australian Opportunities Fund since 2012, came in at 27th ...

Ban unsolicited life insurance sales: Poll

KARREN VERGARA  |  MONDAY, 29 JUL 2019
... has refunded over $1.5 million to 16,000 customers who were pressured to buy life insurance over the phone. Commonwealth Bank refunded over $10 million in August 2017 for misselling CCI. ASIC said the ban forms part of its broader priority to address ...

Credit Suisse names chief executive

KRISTI CHENG  |  MONDAY, 29 JUL 2019
Credit Suisse hired Deutsche Bank's former head of corporate finance, Asia Pacific to lead its Australian operations as chief executive. Effective October, Richard Gibb will lead the Swiss investment bank's Australian franchise across investment banking ...

RBA in no rush to lift cash rate

KANIKA SOOD  |  FRIDAY, 26 JUL 2019
Investors should brace for the 1% cash rate environment to continue, after Reserve Bank of Australia governor Philip Lowe turned the spotlight to the stubborn inflation rates at a Sydney lunch yesterday. Speaking at Anika Foundation Luncheon, Lowe said ...