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Showing 451 - 460 of 3057 results for "ANZ - 23 %"

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
Around four months after Kenneth Hayne handed down his final report into misconduct in financial services, customers of the big four banks are starting to feel more satisfied. Latest Roy Morgan findings show customer satisfaction with Australia's largest ...

NSX managing director steps down

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
The managing director of the National Stock Exchange of Australia is set to leave after 10 years. The NSX has announced Ann Bowering has decided not to extend her contract, and will leave the stock exchange on July 5. Bowering served as managing director ...

CBA down, industry up for employment

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
New research by Randstad has revealed the Commonwealth Bank is a much less attractive employer this year than it was last year, but the financial services industry as a whole has held steady in its ability to attract new employees. The Randstad research ...

ANZ changes advice model, cuts Prime Access

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2019
The big four bank announced it will change the way it provides ongoing financial advice to customers via ANZ Financial Planning. As of today, the Prime Access financial advice service will no longer be offered to new customers and will be phased out ...

NZ$5 trillion investor group supports Christchurch Call

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
NZ Super's initiative to pressure social media companies and governments to eliminate terrorist content online has achieved a new milestone, reaching NZ$5 trillion in assets under management and throwing its weight behind a new movement. At a summit ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
ANZ provided an update on its contractual arrangements with IOOF in relation to the sale of its OnePath Pensions and Investments business. The coupon rate ANZ pays on the debt note subscribed by IOOF reduced from 14.4% per annum to 2% per annum as of ...

Morgan Stanley raises capital for 86 400

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
Aspiring bank 86 400 has announced it is opening its doors to new investors with a funding push, appointing Morgan Stanley to drive the capital raising. 86 400 chief executive Robert Bell said: "Bringing Morgan Stanley on is really important for us ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
ANZ's chief executive said his plans for a streamlined bank should save the company roughly $1 billion by 2022. ANZ chief executive Shayne Elliot said: "We will continue to simplify and strengthen the bank, including exiting, shrinking and closing non-core ...

Industry funds dominate AAA quality list

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
One-in-four superannuation products have achieved Rainmaker's AAA quality benchmarks this year, the majority of which are provided by not-for-profit funds. Following an in-depth assessment of 750 superannuation products, only 174 or 23.2% received ...