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

Search Results

Showing 4631 - 4640 of 17956 results for "Bank"

Former Macquarie executive joins LICs

KARREN VERGARA  |  THURSDAY, 31 JAN 2019
A long-serving Macquarie Group executive has joined the board of two listed investment companies. Sarah Williams joins as an independent director of NAOS Emerging Opportunities Company (NCC) and NAOS Ex-50 Opportunities Company (NAC) effective 31 January ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... the US Federal Reserve this year - a quick downshift from two 25 basis point increases in the fed funds rate the US central bank officials predicted only a month ago - itself, a downshift from earlier projections for three rate rises. Now, all bets are ...

Vertical integration changes to reshape personal wealth

DARREN SNYDER  |  WEDNESDAY, 30 JAN 2019
... Then, they added complementary partner products, such as insurance, to their stable. "The digital age brought in new non-bank players and partnerships, white labelling and co-creation. Now, as banks become open platform businesses, they are bringing ...

Clime names distribution and private wealth lead

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
... Road, a role he took on in September 2016. Prior to that, he was the head of advice and wealth management at Westpac Private Bank for six years. He also spent time at NAB Private Wealth [sic] as the head of financial advice and investments for about ...

Ponzi scheme fined $1.4bn

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
A Ponzi scheme that allegedly duped 8400 retail investors in the US has been ordered to pay US$1 billion in penalties and disgorgement. Woodbridge Group of Companies LLC and its former owner and chief executive Robert H. Shapiro lured retail investors ...

Investment manager appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
A former NAB associate director of institutional banking has been appointed the chief executive at Melbourne-based IPO Wealth. Ewan Laughlin has about 28 years of experience across institutional banking and corporate finance. In his most recent role ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... lose control. Apologies for sounding like doctor gloom lately but the list of stats indicating that the Australian central bank would be forced into a counter-offensive had been growing over the past few months. The latest instalment being the NAB Business ...

Robo-adviser launches high interest savings solution

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... makes saving for shorter term goals almost impossible, so we've created a better way for people to save money outside of the bank." Using a cash ETF as a savings alternative removes the need to jump through hoops with the banks, Brycki added.

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... organisations. Broadbent is the former chair of the Clean Energy Finance Corporation and is a former board member of the Reserve Bank of Australia and the ASX. Richard Haddock, chair of the Australian Catholic Superannuation and Retirement Fund, was ...

Roll-it Super expands offering

KARREN VERGARA  |  TUESDAY, 29 JAN 2019
Roll-it Super has partnered with Moneytree to provide customers better control of their finances. Personal finance management app Moneytree will provide API infrastructure to enable Roll-it Super users to aggregate all financial accounts securely. Roll-it ...