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Showing 4731 - 4740 of 17956 results for "Bank"

Boutique behemoth in the making

DARREN SNYDER  |  THURSDAY, 6 DEC 2018
... five years as it acquires a London-based alternative manager. Generali is acquiring CM Investment Solutions (CMISL) from Bank of America Merrill Lynch. CMISL delivers alternative UCITS strategies for its international client base and has about $15 billion ...

AFCA receives 500 super complaints in first month

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
Australia's superannuation industry copped more than 500 complaints to the Australian Financial Complaints Authority in the body's first month of operation. AFCA busily began its life last month, with more than 6000 complaints lodged in its first 30 ...

Bank chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
Bank of Queensland chief executive and managing director Jon Sutton stepped down with the bank now scouting for a replacement. Sutton resigned after three years on the job to focus on his long-term health following a heart operation earlier this year ...

Industry fund hires executives

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... engagement, having started at the fund more than 13 years ago as a business development manager. Musson has acted as BTFG's head of bank distribution, Bank of Queensland's group executive people and corporate services and IAG's head of product and underwriting. ...

AMP replaces Regan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
AMP announced new leadership of its advice business, replacing Jack Regan. After 20 years, Regan is retiring from the group. He has been on extended leave since his damning appearance at the Royal Commission in April this year. He has been replaced ...

Industry Super Australia chair steps down

DARREN SNYDER  |  TUESDAY, 4 DEC 2018
Former Australian Council of Trade Unions secretary and former Federal Government minister Greg Combet will become the new chair of Industry Super Australia today. Combet will replace Peter Collins in the top role as the latter steps down to fulfil ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
... New Zealand life insurers are paying the highest commissions to financial advisers in the world and the nation's Reserve Bank is concerned about the conduct risk it is creating. According to the Reserve Bank of New Zealand's latest Financial Stability ...

Will Aussie equities overcome 2019 challenges?

HARRISON WORLEY  |  TUESDAY, 4 DEC 2018
... was still clouded, with the potential for greater regulatory surveillance by APRA and ASIC presenting another challenge to bank stocks. "While 2019 won't be without volatility or issues to navigate, we think a 4-5% dividend yield and attractive valuations ...

For-profit lobbying leads to $53bn problem: AIST

HARRISON WORLEY  |  MONDAY, 3 DEC 2018
... super, a carve-out can sometimes seem like a minor amendment when in fact it can be worth billions of dollars in profit to a bank."

CBA investigates possible privacy breach

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
Commonwealth Bank confirmed it is undertaking an investigation into a potential privacy breach that may have seen sensitive medical information of CommInsure claimants accessed by employees in other departments of the bank. As reported by the ABC earlier ...