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Showing 4971 - 4980 of 17956 results for "Bank"

Swiss asset manager eyes Aussie instos

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
... presence. SUSI Partners currently has about $1.4 billion in assets under management, including a mandate from European Investment Bank, the entity sponsored by EU members. It manages and invests in infrastructure that helps decarbonise the energy system ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... would be interested in that type of product and so they are offering that information. But you're right; ultimately the bank is looking to open those kinds of accounts," Pankhurst replied. Hodge suggested ANZ is indifferent as to whether the product ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
Wealth management firms have an opportunity to set the course around how they better deliver customer-oriented solutions following the Federal Government's release of draft legislation on the Consumer Data Right. The Consumer Data Right is aimed to ...

Financial services confidence continues spiral

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
A corporate governance expert believes confidence in Australia's financial institutions will continue to fall while they remain exposed to the pursuit of profit to the detriment of customers. Governance Institute of Australia chief executive Steven ...

Finding value in Fairfax

JAMIE WILLIAMSON  |  WEDNESDAY, 15 AUG 2018
There are signs of life in Fairfax yet but the big banks are less promising, according to Auscap Asset Management. Speaking at the Financial Standard Adviser Big Day Out in Wollongong this morning, Auscap head of distribution Lee Hopperton provided ...

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... light the bank's fee arrangements with financial advisers. An article, published in a national newspaper, exposed how bank-linked retail funds generated low returns on cash options. CBA was deemed "unhappy" with the article and was prompted to conduct ...

New fund to invest in "clean disruption" tech

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
An investment platform led by former Macquarie bankers has launched a new thematic fund that will invest in listed companies that produce and utilise clean disruption technology. AtlasTrends was founded in 2015. Since then, two of its three funds have ...

Trust in financial services down since Royal Commission: Poll

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
Financial Standard readers say trust and satisfaction levels in banking and financial services have taken a hit since the Royal Commission began. Eighty-seven per cent of respondents to a Financial Standard poll either agreed or strongly agreed the ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... Emerging markets continue to feel the heat from Turkey's roasting and so do several European countries. The European Central Bank (ECB) can only count its blessings that Turkey is not Greece. It has applied, but Turkey is not (yet) a member of the ...

NAB initially under-reported remediation bill to ASIC

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... ASIC's numbers on remediation costs for a report featuring other banks as well. The NAB executive did not tell Tanzer the bank's estimate for its total compensation bill for the plan service fees. Neither did he put NAB's dollar estimate in writing. ...