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

Search Results

Showing 531 - 540 of 3057 results for "ANZ - 23 %"

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
AMP and Australia's big four banks have responded to the Royal Commission's interim report on misconduct in the financial services sector. The report, released on Friday, was scathing in its review of Australia's major players in financial services. ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
The industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where ...

Fintech hub snaps up Afterpay co-founder

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
Afterpay co-founder Anthony Eisen will now sit on the board of a fintech innovation board after a raft of board changes were announced yesterday. Stone & Chalk has revamped its board, appointing seven new directors as it moves from a "start-up" to a ...

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Major institutions take about five years to identify significant breaches while remediating some customers takes even longer, an ASIC review of breach reporting obligations found. In Report 594 released overnight, the big the institutions took 4.5 years ...

Super fund appoints from JP Morgan

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
A $9 billion industry superannuation fund has appointed JP Morgan's vice president of communications to lead its brand and marketing. Melissa Adam is heading to NGS Super after working at JP Morgan as a vice president marketing communications corporate ...

JCP appoints executive chair

KANIKA SOOD  |  MONDAY, 24 SEP 2018
JCP Investment Partners has appointed a former TCorp general manager of investments to chair its board as a part of its management transition. Mark O'Brien replaces the incumbent (interim) chair Richard Balderstone, starting October 1. O'Brien will ...

Specialist insurer updates definitions

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
A specialist insurance firm has updated its definitions and expanded product benefits for members. PPS Mutual has enhanced its Professionals Choice product range. Across all existing and new policies, the 12-month terminal illness definition within ...

Chartered accountants largely FASEA compliant

JAMIE WILLIAMSON  |  THURSDAY, 20 SEP 2018
The Financial Adviser Standards and Ethics Authority should recognise the qualifications of chartered accountants in order to keep them in the financial advice industry. That is the view of Chartered Accountants Australia and New Zealand, saying the ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
This morning the Royal Commission heard about instances of misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr ...