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Showing 31 - 40 of 83 results for "Australian Banker"

Bligh appointed ABA chief executive

EMMA RAPAPORT  |  FRIDAY, 17 FEB 2017
Former Queensland premier Anna Bligh will replace Steven Munchenberg as chief executive of the Australian Bankers Association, a role which will require her to weather the storm of a possible Royal Commission into the major banks. In a statement Bligh ...

Former Suncorp executive joins ME Bank

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
ME Bank recently welcomed a new addition to its board. Industry veteran John Nesbitt joined ME Bank as a director, having finished up as chief executive of Suncorp Banking and Wealth in September last year. Nesbitt brings more than 35 years' experience ...

Banks flag adviser transparency in customer program

ALEX BURKE  |  MONDAY, 30 JAN 2017
Led by the Australian Bankers' Association, Australia's largest banks are launching new initiatives aimed at improving customer satisfaction. The Better Banking program consists of three key steps. These are a renewed commitment to support customers ...

Product conflicts in retail banking: ABA report

ALEX BURKE  |  THURSDAY, 19 JAN 2017
A report commissioned by the Australian Bankers' Association highlights potential conflicts in product sales commissions and product-based payments used for retail banking staff, echoing the concerns that led to the Future of Financial Advice reforms. ...

FSC speaks out against elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
The Financial Services Council affirmed its support of the Australian Law Reform Commission's proposed amendments to help combat elder abuse. The FSC commended the commission's development of a national plan to address elder abuse, particularly a reform ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
The House of Representatives Standing Committee on Economics' first report in its review of the four major banks has recommended breaking the big four's "oligopoly" and introducing competition into the sector. The report said this could be achieved ...

Munchenberg to exit ABA

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2016
Australian Banker's Association chief executive Steven Munchenberg has resigned. ABA chairman Andrew Thorburn said Munchenberg had advised him that he would now like to move on to the next opportunity in his career, following six and a half years in ...

Narev points to GFC for bank dissatisfaction

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2016
A historic wave of bank bashing does not simply explain the current environment according to Commonwealth Bank chief executive Ian Narev. Speaking at a lunch hosted by the Trans-Tasman Business Circle in Sydney yesterday, Narev discussed the changing ...

Poll provides fresh defence against Royal Commission

MARK SMITH  |  FRIDAY, 14 OCT 2016
The Australian Bankers Association (ABA) has launched its latest defence against Labor's proposed Royal Commission, releasing new poll data that shows a fall in support for an inquiry. The poll, conducted by Galaxy between October 6-9, shows two thirds ...

Banks commit to new adviser hiring standards

KERRIE SYDEE  |  TUESDAY, 20 SEP 2016
In the hopes of only employing competent and ethical financial advisers, the banking industry has announced a new hiring protocol. The banking industry has created a protocol which sets minimum standards for checking references and sharing information ...