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Showing 4421 - 4430 of 17956 results for "Bank"

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The Australian Prudential Regulation Authority has granted Judo Bank, formerly Judo Capital, a licence to operate as an authorised deposit-taking institution without restrictions in what is being welcomed as a win for banking competition and fintechs. ...

Financial software firm strengthens leadership

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... Simcorp, where he was Australasian head of sales. He has previously held roles at RBC Investor & Treasury Services, Royal Bank of Canada and SimCorp. "I am delighted to be joining the team at SS&C," Tremelling said. "As the investment industry continues ...

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... implementation of this stuff will be easy in some respects. Some others will probably have some form of difficulty. "A small mutual bank may not have a dedicated security team and you'll find that they may have some difficulty in implementing some of ...

One third of Australians trust robo-advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
New research reveals about 30% of Australians would trust a robot to offer them financial advice over a financial adviser. According to research commissioned by think tank Thinque, about one third of Australians would accept robo-advice as their faith ...

T. Rowe Price adds investment analyst

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
A former Colonial First State Global Asset Management portfolio manager has joined T. Rowe Price. The firm is welcoming Kim Tracey to its Australian equity team as an investment analyst in its Sydney based investment team. Tracey will report to head ...

Former NAB adviser charged

JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
... Services from August 2009 to December 2016. Eung was permanently banned in June 2018 when ASIC found he had created false bank accounts in the names of clients; falsified documents to open said accounts; withdrew funds from client accounts into the fake ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
Concern the superannuation industry will become an oligopoly like the banking sector is being fuelled by the regulators' new powers and increased funding, specifically aimed at forcing underperforming funds to merge or shut down. Of the $400 million ...

Former super fund investment lead joins consultancy

ELIZABETH MCARTHUR  |  TUESDAY, 23 APR 2019
An independent investment consultancy has welcomed the former chief investment officer of Commonwealth Bank Group Super as it looks to expand its Australian operations. Gerard Parlevliet has joined bfinance in the newly-created role of senior strategic ...

Chief economist update: China is back on track

BENJAMIN ONG  |  TUESDAY, 23 APR 2019
... fertilised the economy with enough monetary and fiscal stimulus that green shoots are beginning to appear. The People's Bank of China cut the reserve requirement ratio (RRR) - 0.5% on January 15 and 0.5% on January 25 - that is estimated to release ...

First State Super integrates advice, overhauls leadership

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
... operations, technology, business improvement and the member contact centre. Brennan was previously general manager at Commonwealth Bank Australia and has held roles at QBE, Macquarie Group, NAB and Ernst & Young. First State Super chief digital officer ...