Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4481 - 4490 of 17956 results for "Bank"

J.P. Morgan appoints new local chief

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
J.P. Morgan has appointed a new chief executive for its business in Australia and New Zealand, as the incumbent moves into an APAC role. Robert Bedwell is taking the top job after working as the head of sales and marketing. Bedwell moves into the role ...

Powerwrap launches new adviser service

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
Wealth management platform provider Powerwrap launched a new service built to empower and incubate financial advisers and their businesses. Tickr is a turnkey service for wealth adviser groups seeking to establish and grow their own businesses, particularly ...

Big banks, super funds join forces for sustainability

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... the financial services community," he said. "Climate change was recently described by the deputy governor of the Reserve Bank of Australia as a 'systemic risk' to the stability of our economy, and APRA emphasised last week that climate risks are 'material ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... just-released "Summary of Opinions at the Monetary Policy Meeting on March 14 and 15, 2019" contained the same optimism that the Bank of Japan (BOJ) had been telling us and itself for as long as I can remember. The same rose-tinted outlook on growth. ...

India Avenue fund distribution boosted

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... managers are keen to communicate to Australian investors there is potential for growth in Indian equities. According to World Bank data, India is projected to be the world's third largest economy by 2030, behind only the US and China. Last year, India ...

Beware blockchain: ANZ

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
The big bank is not impressed by the oft-praised technology that is blockchain. There has been a lot of hype about blockchain in recent times but now ANZ associate director, trade and supply chain, Maria Bellmas has warned the technology raises many ...

AMP board member retires

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... remuneration committees and as non-executive director of the AMP Life Board. More recently, Roberts was appointed to the AMP Bank Board as chair of its bank audit committee and as a member of the AMP bank risk committee. Roberts is chief financial officer ...

APRA consults to combat cyber attacks

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
APRA has invited submissions from all APRA-regulated entities on how the financial services industry can improve information security and protect itself from cyber-crime. The regulatory authority has not updated its information security guidelines since ...

NAB ends introducer payments

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
National Australia Bank will no longer make referral payments to introducers. NAB chief executive Philip Chronican said ending "introducer" payments was part of NAB's ongoing efforts to be a better bank following the Royal Commission. He said: "Through ...

Remediation to hit Westpac earnings

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
Westpac's cash earnings in the first half of the year will be hit by $260 million in remediation payments. The bank today confirmed the amount could still rise, with the $260 million provision not yet inclusive of any allowance for refunds to customers ...