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Showing 5341 - 5350 of 17958 results for "Bank"

New insurance lead at industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
... prudential standards for the Strong Super reforms. He has also previously held roles with Accenture, MLC and National Australia Bank. Rainmaker analysis of recent APRA data shows First State Super was among the 10 super funds that achieved the largest ...

Instos lap up unlisted infrastructure: Preqin

KANIKA SOOD  |  TUESDAY, 3 APR 2018
Institutional investors have amped up their appetite for unlisted infrastructure, driving up valuations and increasing competition for deals in the asset class, says Preqin. Preqin surveyed 65 infrastructure managers in November, 2017, with the aim ...

CBA mulls sale of Indonesian life business

JAMIE WILLIAMSON  |  TUESDAY, 3 APR 2018
Commonwealth Bank will potentially offload its Indonesian life insurance business as part of a strategic review. The bank announced it is undertaking a strategic review of PT Commonwealth Life (PTCL) and has engaged external advisers to weigh the possibility ...

Chief economist update: Caught in the crossfire

BENJAMIN ONG  |  TUESDAY, 3 APR 2018
Isn't Australia part of the lucky group of countries (that include the EU, Argentina, Brazil, Canada, Mexico and South Korea) US President Donald Trump, in all his benevolence, graciously granted exemptions (albeit, temporarily) from his protectionist ...

Intiger hires global head for AI software push

KANIKA SOOD  |  THURSDAY, 29 MAR 2018
... developer Intiger Group has appointed a global head of productivity and optimization. George Jaja joins from Commonwealth Bank's wealth management division where he was "instrumental in driving major change programs." In his new role as Intiger's global ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
A Parliamentary Joint Committee on life insurance said it is "not convinced" the industry can sufficiently self-regulate and is recommending the co-regulatory approach foreshadowed by ASIC. In its final report, the PJC on Corporations and Financial ...

Royal Commission could lead to credit crunch: UBS

ALEX BURKE  |  WEDNESDAY, 28 MAR 2018
Recent UBS commentary suggests one plausible scenario where the knock-on effects of the Royal Commission could lead to a "credit crunch" scenario. In an update co-authored by analysts Jonathan Mott and Rachel Bentvelzen as well as economists George ...

New super fund combats account erosion for young Aussies

JAMIE WILLIAMSON  |  WEDNESDAY, 28 MAR 2018
... Australians," he said. Maloney has built a career out of helping students, having worked with Apple and the Commonwealth Bank in the 1990s to establish a discounted financial product to help students fund their first computer. He is also the founder ...

ING ramps up wholesale lending business

KANIKA SOOD  |  TUESDAY, 27 MAR 2018
ING Australia increased its wholesale lending by 24% over the previous year, the bank's 2017 results show. Clients of ING's wholesale banking loans include the Sydney Metro Northwest, New Royal Adelaide Hospital, and Queensland's Clare Solar Farm. "We ...

Aurora repays stolen $1 million

ALEX BURKE  |  TUESDAY, 27 MAR 2018
... no further misappropriations from AUP. However, "the same individual" made other misappropriations from Aurora's corporate bank account, dating back to 30 June 2016. Martin explained that included in the repayments to AUP is an amount of $145,848. This ...