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Showing 31 - 40 of 4467 results for "Banking"

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... hardship also significantly higher." Though there were also rises in complaints about other financial products including banking and finance, insurance, investments and advice, and superannuation. "We need to see a downward trend in complaints overall ...

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... ASIC will determine the levy for relevant firms and begin collecting it. This first levy is to be paid by the 10 largest banking and insurance groups based on income reported to the ATO in FY2021-22, with a first instalment expected to be paid within ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... million. These limits apply to consumers or small businesses who make a complaint about products or services relating to banking and finance, general insurance, life insurance, and investments and advice. The limits, however, do not apply to superannuation ...

EQT operations, finance chief steps down

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... Pacific and chief financial officer of AWB. He also held a number of leadership roles at ANZ Bank in the areas of corporate banking, international trade finance and investor relations. Gentry will remain in the business for six months to support an effective ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... Mitsubishi UFJ Financial Group (MUFG) is set to pay $1.2 billion for Link Group. MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank) parties signed the scheme implementation deed today that will pay $2.26 cash for every ...

Global fund managers welcome chief executives

CHLOE WALKER  |  FRIDAY, 15 DEC 2023
... serve as a member of Groupe BPCE's senior management and executive committees. Groupe BPCE, which is the second-largest banking group in France, also pursues its activities worldwide with the asset and wealth management services provided by Natixis. ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... declining. "We will avoid $145 billion over 12 years to 2033-34 in interest costs on the debt we inherited, as a result of banking the vast majority of upgrades to revenue," Gallagher said. Nevertheless, growth is forecast to moderate in the near-term ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... with a $900,000 fine for breaching its continuous disclosure laws about eight years ago. In October, the court found the banking giant had contravened continuous disclosure laws by failing to tell the market its underwriters had filled a $790 million ...

Rest welcomes chief financial officer

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
... financial officer. O'Sullivan brings over 20 years of experience to the role, having served in various roles across banking, insurance, and superannuation. He joins the super fund after 15 years at EY, where he served as an associate partner. After ...

HNWs require specialist expertise: Report

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
... structured giving expertise, estate planning, insurance and asset protection advice, business succession planning, private banking and commercial finance, trustee services, tax planning, cash flow planning, and debt management. "HNW clients aren't looking ...