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Showing 31 - 40 of 128 results for "Commercial Bank"

Fintech appoints former super fund chief

ALLY SELBY  |  THURSDAY, 23 JAN 2020
The former chief executive of a $78 billion superannuation fund has joined the board of an ASX-listed fintech. Former First State Super chief Michael Dwyer has joined the board of Iress, alongside Trudy Vonhoff. The two have been appointed as non-executive ...

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
Global financial powerhouse JPMorgan Chase & Co has beat analyst expectations, seeing its most successful year on record. The investment bank raked in $52.8 billion (US$36.4 billion) in the fourth quarter in net income, up 12% from the previous year. ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... (CBDC), a digital version of the Australian dollar, which would be a liability of the central bank rather than a commercial bank. The electronic currency would rely on blockchain technology, similar to cryptocurrency, and would be convertible at par ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
ANZ is the latest of the big four to be hit by the banking blues - identifying 3.4 million customers who have been overcharged as the bank swiftly makes good on recommendations from the Hayne Royal Commission. ANZ chief executive Shayne Elliot told ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
The chief executive of NewCo is set to exit among other changes to Commonwealth Bank's group executive lineup. Jason Yetton will depart in early January 2020 after just over 12 months in the role. To date, Yetton oversaw the divestment of Count ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ...

HSBC chief abruptly resigns

KARREN VERGARA  |  TUESDAY, 6 AUG 2019
The global chief executive of HSBC has stepped down after mutually agreeing with the board that change was necessary for the bank to move forward in an increasingly challenging environment. John Flint exited HSBC Holdings plc on August 5 as its group ...

Westpac names business arm chief executive

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
Westpac has named the chief executive of its newly formed business division after announcing a group restructure in March. Guilherme (Guil) Lima joins the Westpac group from HSBC, where he was most recently group head of wealth management for the last ...

Citi names new regional chief

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
Citi appointed a new head of Australia as incumbent David Livingstone takes the reins of the EMEA business. Marc Luet will become the chief executive for Australia, as well as lead the New Zealand business. He is currently cluster head for Israel, Kazakhstan ...

Westpac exits personal advice, restructures leadership

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2019
Westpac is realigning its wealth strategy and BT Financial Group will cease as a standalone division. The group has also agreed to sell a number of advisers to Viridian Advisory. BT Financial Group will cease to be a standalone division of Westpac Group. ...