Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5071 - 5080 of 17956 results for "Bank"

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... Based on listening to several phone calls from ClearView Life Insurance, Boyle alleged staff coaxed customers into providing bank details and enough personal information which then entered them into a contract without knowing, he said. This is the way ...

Risk and compliance expertise in demand

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
Risk and compliance officers and in-house corporate lawyers are highly in-demand talent thanks to the Royal Commission, which has helped boost the professionals' pay grade well above the national average. This is based on a Robert Walters wage analysis ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... 2018. HSBC joins three of the major four banks currently in the thick of disposing financial planning units. Commonwealth Bank is the latest to demerge from wealth management. Under the CFS Group - Colonial First State, Colonial First State Global Asset ...

Aviva Investors appoints Asia institutional sales head

KANIKA SOOD  |  THURSDAY, 5 JUL 2018
... institutional sales. Tom Clapham is now Aviva Investors' head of institutional sales, Asia. He has held senior roles at Macquarie Bank, Deutsche Bank and Mercer Investment Consulting, in a career spanning two decades. In his most recent role, Clapham ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... and its bear market in equities and the depreciating yuan - will immediately come to mind, Japan's also taking a hit. Bank of Japan (BOJ) Governor Haruhiko Kuroda already expressed his concerns when he joined the ECB Forum on Central Banking held ...

Super fund chair appointed to NSW Generations Fund

KANIKA SOOD  |  WEDNESDAY, 4 JUL 2018
... joining the NSW Generations Fund (NGF)'s five-person advisory board. The NSW government has also tapped in former Reserve Bank of Australia Governor (2006-2016) Glenn Stevens to chair the NGF advisory board. Stevens is currently a director at Macquarie ...

Risk and compliance expertise in demand

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
Risk and compliance officers and in-house corporate lawyers are highly in-demand talent thanks to the Royal Commission, which has helped boost the professionals' pay grade well above the national average. This is based on a Robert Walters wage analysis ...

AI and avatars set to alter wealth management

HARRISON WORLEY  |  WEDNESDAY, 4 JUL 2018
... a better view of all the factors that might impact a decision that they take," FaceMe said. Last month, the Commonwealth Bank-owned ASB Bank launched a digital assistant created in partnership with FaceMe, to help small-to-medium business (SME) owners ...

Advisory and wealth firm appoints chief

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... Australian Army. Sacre's 25 years' experience in banking and financial markets include senior roles with ANZ, Commonwealth Bank, the Bank of Sydney, the AME Group, NAB, JP Morgan and HSBC. He's also worked in financial markets in New York ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... division. Following BT Financial Group's lead, Macquarie has said it will discontinue the practice of advisers within its private bank and private wealth divisions receiving trailing commissions for selling the group's own products. The changes are to ...