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Showing 4871 - 4880 of 17956 results for "Bank"

NAB combines teams, appoints executive

JAMIE WILLIAMSON  |  THURSDAY, 4 OCT 2018
... role of executive general manager, marketing and customer experience to lead a single customer experience strategy for the bank. NAB chief customer officer Rachel Slade said amalgamating the two divisions will strengthen the customer experience capability ...

Super funds cut exposures to banks

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
Not-for-profit superannuation funds have an average of 3% less exposure to bank stocks in their equities portfolios than last year, according to recent Rainmaker research. These funds still have a large exposure to bank stocks, owning about $30 billion ...

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... Day on October 1 - or maybe it's been out-headlined by news of the US-Mexico-Canada Agreement (USMCA). But the Reserve Bank of Australia (RBA) met as usual on the first Tuesday of the month (except January), on October 2. It could be both, plus of ...

NZ Super Fund delivers 12.4pct, braces for future

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... inflation is starting to rise in some developed markets, and financial conditions are tightening with the withdrawal of central bank liquidity. While trade tensions have been escalating, the contagion into financial markets has been limited to date," ...

ASIC offers fee relief to drought-affected farmers

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... National Debt Hotline on 1800 007 007. Meanwhile, NAB will keep branches in drought-affected regions open, in a move which the bank's newly appointed chief customer officer of consumer banking Mike Baird said demonstrates NAB's commitment to supporting ...

Industry fund goes for growth

JAMIE WILLIAMSON  |  TUESDAY, 2 OCT 2018
A $12 billion industry superannuation fund is growing its executive lineup, adding its first chief growth officer. LGIAsuper is welcoming Andrea Peters to the newly created role, joining from Credit Union Australia where she was head of banking products. ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... undertaken reforms such as the removal of grandfathered commissions applied to BT products. Also responding, Commonwealth Bank chief executive Matt Comyn labelled the report confronting, adding it was right to criticise the organisation he leads. "The ...

A day of shame for Aussie banks: Bligh

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
Australian Banking Association chief executive Anna Bligh said the Royal Commission's interim report into misconduct in financial services marked a "day of shame" for Australia's banks. Holding a press conference after Commissioner Kenneth Hayne ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... "Executives were driven by enormous salaries if they delivered short-term profits. They did this by exploiting customers and bank staff. Bank workers who did their jobs diligently serving their customers were under extraordinary pressure to sell, sell ...

Interim report dotted with questions

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
What is to gain from passing new law? That's one of many questions that dotted Commissioner Kenneth Hayne executive summary for the Banking Royal Commission's final report. Hayne boiled down his 643-word summary to two questions: Why did it ...