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Showing 5421 - 5430 of 17959 results for "Bank"

Chief economist update: The real growth in wages

BENJAMIN ONG  |  THURSDAY, 22 FEB 2018
... strength in activity across industries, "outside of retail". Weak growth in wages will keep inflation low, providing the Reserve Bank of Australia neither rhyme nor reason to raise interest rates anytime soon. Ben Ong is the Director of Economics and ...

Employers of choice work to close super gap

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2018
... and values, and we watch and monitor it closely," TAL group chief executive and managing director Brett Clark said. HSBC Bank was also named as an Employer of Choice for 2018, with its policy of paying employees superannuation on unpaid parental leave ...

IOOF corporate development GM joins Australian Ethical

ALEX BURKE  |  WEDNESDAY, 21 FEB 2018
... Shanahan was previously chief financial officer for Macquarie's banking and financial services group, which includes the retail bank, business bank and wealth divisions. Before that, Shanahan held other senior roles at Macquarie, including head of financial ...

Vertically aligned institutions pay $21.4m compensation

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2018
ASIC said clients of the big four banks and AMP who received non-compliant financial advice will be compensated a further $21.4 million. This adds to the $30 million compensation bill ASIC announced in March 2017 after it investigated how large institutions ...

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
... for annual growth in wages to remain unchanged at a 2% rate in the fourth quarter from the third. Reading from the Reserve Bank of Australia's (RBA) monetary policy statement after its 6 February meeting, the Australian central bank is wagering on the ...

Russell revamps ESG scoring system

ALEX BURKE  |  TUESDAY, 20 FEB 2018
... notes, for example, that "fuel efficiency has a bigger impact on the bottom line of an airline than it does for an investment bank." As a result Russell argued these "one-size-fits-all" scoring systems are composed of non-material issues in many cases. ...

L1 Capital prepares for LIC IPO

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2018
... Crestone, Morgans, Morgan Stanley, Ord Minnett, Taylor Collison and Wilsons will serve as co-lead managers alongside the bank. Further, Macquarie, Bell Potter, First NZ, Hunter Capital, Patersons and Shaw and Partners will act as co-managers. With the ...

ANZ adopts life insurance code

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
ANZ will be the first bank-owned retail superannuation fund to adopt the voluntary Insurance in Super Code of Practice. ANZ's Smart Choice Super, OnePath MasterFund, Retirement Portfolio Service and Oasis Superannuation MasterTrust will be covered by ...

Class recruits data manager

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2018
... including as head of third party connectivity and integration. He has also held roles with Capita Managed Funds and Commonwealth Bank. Class chief executive Kevin Bungard said the software provider is delighted to welcome Sargent, saying it was a huge ...

NAB redundancies in full swing

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
... workers - they will be left behind," she said. NAB chief executive Andrew Thorburn flagged the redundancies in announcing the bank's 2017 full-year profit in November in an effort to "simplify the bank dramatically." He said 15 to 20% of the jobs in ...