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Showing 5461 - 5470 of 17959 results for "Bank"

Market volatility ideal for fundamental investors: Expert

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
An Australian equities expert believes the recent volatility on Wall Street and the ASX signifies an investment opportunity for fund managers that target fundamental valuations. Nikko Asset Management head of Australian equities Brad Potter described ...

CBA puts away $500m for regulatory costs

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
Commonwealth Bank posted a $4.7 billion after-tax profit in the first half of FY18 and its wealth management arm was a standout performer. However the bank has also put aside more than $500 million for ongoing legal and customer remediation costs. CBA's ...

Investec unveils succession plan

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2018
... Three of Investec's founding members will step down from their respective roles 40 years after establishing the South African bank and investment management firm. Investec Group chief executive Stephen Koseff, managing director Bernard Kantor, and risk ...

Board appointment at Westpac

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2018
... asset to the board," Maxstead said. In November 2017, Alexandra Holcomb announced her retirement after 21 years with the bank; her most recent role was chief risk officer. Working across group strategy and mergers and acquisitions, Holcomb played a pivotal ...

Industry fund creates finance role

DARREN SNYDER  |  TUESDAY, 6 FEB 2018
... management and transformation within financial services. Prior to QSuper he held senior roles at Westpac, ABN Amro and Deutsche Bank. Vision Super chief executive Stephen Rowe said the fund is looking to build on its growth and take "finance processes ...

ClearView issues refunds over life sales misconduct

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
... premium payments; and used pressure tactics to sell policies. In response ClearView has agreed to refund full premiums, all bank fees and interest to customers with high initial lapse rates; refund 50% of premiums and interest to customers with high ...

La Trobe Financial appoints client partnerships manager

ALEX BURKE  |  MONDAY, 5 FEB 2018
... business development manager. Before that, he was a network development manager at Liberty Financial, a partnership manager at Bank of Western Australia and a commercial lending manager with Finconnect Australia. Commenting on his new role, Simmons said ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
"Be careful what you wish for." It's a well-known truism in the current economic cycle that the world's major central banks (the BOE excluded) have been wishin' and hopin' and thinkin' and prayin' for inflation to climb to their target rates. It appears ...

Open banking regime to boost advice

DARREN SNYDER, KARREN VERGARA  |  MONDAY, 5 FEB 2018
... said. Paul Chapman, chief executive of personal finance app Moneytree says there is always some risk when you hand over a bank password. However, most bank passwords can't move funds anyway "because we don't have access to one-time password tokens or ...

Grant Thornton adds financial services partner

KARREN VERGARA  |  FRIDAY, 2 FEB 2018
... global organisations including Deloitte, Accenture, BCG, Booz Allen, BT Financial Group, CSC, GE Capital, National Australia Bank, and Westpac. His experience covers a range of industries in Australia, USA, South Korea and New Zealand, in all areas of ...