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Showing 5351 - 5360 of 17959 results for "Bank"

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 ...

Chief economist update: The euro's doing Trump's work in the Eurozone

BENJAMIN ONG  |  TUESDAY, 27 MAR 2018
... how to react and mitigate the uncertainty that is Trump on their respective economies. Case in point: the European Central Bank. Speaking before the Watchers XIX Conference on the 14 March - before Trump's tariffs took effect and before Trump granted ...

Commonwealth Bank parts with Narev-era executives

KANIKA SOOD  |  MONDAY, 26 MAR 2018
Commonwealth bank is farewelling three executives, as new chief executive Matt Comyn prepares to take reign at the bank on April 9. The bank is conducting a global search to fill the three departures, according to a joint-statement by Comyn and outgoing ...

Powerwrap adds top industry names

JAMIE WILLIAMSON  |  MONDAY, 26 MAR 2018
... the vertically-integrated banking model, Powerwrap is uniquely placed to offer financial planners and wealth advisers a non-bank-owned partner to conduct and grow their wealth businesses," Davidson said. "Our track record in delivering bespoke turnkey ...

Look inside to drive fintech forward: AltFi Summit

DARREN SNYDER  |  MONDAY, 26 MAR 2018
... from Westpac and four months later it received another $5 million. Overall it has received $26.5 million in funding from the bank's own balance sheet. Every month it now helps about 200 customers with $110 million in home loans find a better deal. He ...

ABA makes new code compulsory

KANIKA SOOD  |  MONDAY, 26 MAR 2018
... will be monitored by an independent body, ABA chief executive Anna Bligh said. "In the past it was up to each individual bank if they wanted to sign up however this new customer focused code will become compulsory for all ABA members with a retail presence," ...

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
... counter-terrorism laws on more than 53,000 occasions. In filings submitted in response to the proceedings commenced by AUSTRAC, the bank said its Intelligent Deposit Machines (IDMs) "did not adequately adhere" to risk assessments, leading to "the same ...

Westpac names new Asia-Pacific GM

KANIKA SOOD  |  FRIDAY, 23 MAR 2018
... and client, partner and regulator relationships in Asia-Pacific in his new role. He will report to Westpac institutional bank chief executive Lyn Cobley, who said: "His financing and client expertise means he is perfectly positioned to help our customers ...

ASIC closes doors on Storm charges with two fines

ALEX BURKE  |  FRIDAY, 23 MAR 2018
Nearly a decade after ASIC began its investigation into Storm Financial, two directors have been fined $70,000 each for breach of duties. Emmanuel and Julie Cassimatis were previously disqualified from managing corporations for seven years. When they ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... indicates upward pressure on wages. All else being equal, this would exert upward pressure on interest rates as the Reserve Bank of Australia (RBA) tries to prevent wage inflation from spilling over into consumer prices. Higher interest rates, in turn ...