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Showing 4981 - 4990 of 17956 results for "Bank"

NAB complicated plan service fee issue: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
... that became part of the discussion when NAB Wealth raised that issue," Hodge said. The plan service fee issue plagued the bank last week, resulting in chief executive Andrew Thorburn publicly apologising to Australians for NAB's actions in a video ...

Super fund welcomes industry veteran to trustee board

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... Corporation. Carol Austin has over 30 years experience in the industry. She is currently a non-executive director at HSBC Bank Australia and the Grattan Institute. She chairs the ACT Government's investment advisory board and is a member of the General ...

Indigenous Australians face super challenges: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
... of life insurers selling policies over the phone, which allegedly included the practice of coaxing customer into providing bank details and personal information which entered them into contracts they did not realise they had agreed to. Orr asked Melcer ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... them to the activities of Agius and Castagna, who are cousins. The pair organised monthly consulting payments to a company bank account in New Zealand, which were then transferred to a company bank account in Vanuatu. A small portion of the consulting ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... 3.8116. To be sure, the Turkish lira had already been weakening even before this new crisis. On May 24 this year, the Central Bank of the Republic of Turkey's (TCMB) held an emergency meeting (before its scheduled June 7 meeting) and lifted its liquidity ...

Royal Commission on social media: Former Treasurer weighs in

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... our customers with honour. I'm sorry. And my commitment is that we will learn and get better, so we can once again be a bank you respect and trust. pic.twitter.com/yMGq7icgVu - Andrew Thorburn (@AndrewThorburn) August 9, 2018 NAB chief executive ...

Raiz beefs up security with AI

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... Raiz said it wanted to increase its level of security. According to Versive, its technology is an upgrade on Raiz' current "bank-level" security offering. According to a release, Versive offers a security engine built on a proprietary machine-learning ...

NAB CEO apologises over super failures

HARRISON WORLEY, DARREN SNYDER  |  FRIDAY, 10 AUG 2018
National Australia Bank chief executive Andrew Thorburn took to social media yesterday to apologise on behalf of the group's 34,000 staff for failures identified at the financial services Royal Commission. Speaking about confronting allegations ...

BNY Mellon partners for new fund, eyes Aussie retail market

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The global banking giant has partnered with multi-affiliate boutique manager Pinnacle to launch a new Australian-domiciled global infrastructure fund, as it eyes the retail and adviser market. The Pinnacle BNY Mellon Global Infrastructure Yield Fund ...

Asset consultant expands capital markets team

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
A former representative of the Reserve Bank of Australia at the G20 Investment and Infrastructure Working Group recently joined an asset consultant with more than $300 billion in funds under advice. Frontier Advisors appointed Philip Naylor to its capital ...