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Showing 4531 - 4540 of 17956 results for "Bank"

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... Australia are settled through 16,000 brokers, Frydenberg said. The channel accounts for almost 40% of all loans at Commonwealth Bank and 55% at ANZ but some banks have shown they don't need to rely on the channel. An example is Bendigo and Adelaide Bank ...

Couples need to talk money

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... people are unsure of their finances when separating from their partner, with 65% saying they "didn't know where to start. The bank suggested not knowing where to begin might be why 58% of people considering a separation procrastinate looking into their ...

NAB announces executive departure

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 MAR 2019
National Australia Bank's chief people officer is leaving the organisation. Lorraine Murphy has resigned as chief people officer at NAB. Murphy joined NAB in March 2016 and has 20 years' experience across multiple industries. The role will be temporarily ...

Advisers to return US$125m in fees

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
... year. The Securities and Exchange Commission charged 79 people, including well-known names such as AXA Advisors, Deutsche Bank Securities, LaSalle St. Investment Advisors and Woodbury Financial Services. One year ago, the American corporate regulator ...

New NAB chair seeks to ease shareholders

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
National Australia Bank's newly elected chair and interim chief executive has moved to reassure shareholders of his priorities going forward, including ongoing changes to executive remuneration following criticism. In a letter to NAB shareholders, Philip ...

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... regulator have vastly differing views on a number of issues, namely the period to be covered by further reviews into the bank's fee-for-no-service issues, how to identify customers who paid fees for no service and whether offering an annual review is ...

New bank launches for nurses and midwives

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAR 2019
A new bank is launching, dedicated to meeting the needs of Australia's nurses and midwives. The Health Professionals Bank is a part of Teachers Mutual Bank Limited, meaning Teachers Mutual Bank Limited now comprises four banks - Teachers Mutual Bank ...

Bank of Queensland chief risk officer retires

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAR 2019
One of Australia's oldest financial institutions has announced the retirement of its chief risk officer (CRO). Bank of Queensland (BOQ) today announced the retirement of Peter Deans, who has held the position of chief risk officer for seven years. Dean's ...

ASIC scolds banks over fee-for-no-service delays

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... "further review" programs currently underway at six of Australia's largest financial institutions - AMP, ANZ, Commonwealth Bank, Macquarie, NAB and Westpac. According to ASIC commissioner Danielle Press, the institutions have taken too long to conduct ...

Super fund chief executive to retire

KANIKA SOOD  |  MONDAY, 11 MAR 2019
... fund is hunting for a replacement. Doug Carmichael is slated to retire in June end after nine years of leading Commonwealth Bank Group Super. The news was confirmed in an update shared with CBA employees last week. The fund has now commenced the search ...