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Showing 531 - 540 of 1264 results for "CBA"

Permanent ban for ex-OnePath adviser

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... watchdog's Wealth Management Project aiming to lift the standards of major financial advice providers, namely NAB, Westpac, CBA, ANZ, Macquarie and AMP. "ASIC will continue to protect consumers by removing people from the financial services industry ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... out policy response to a public interest issue, it is a political tax grab to cover a budget black hole," Bligh said. ANZ, CBA, NAB and Westpac have also taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers ...

CBA advice compensation reaches $29m

ALEX BURKE  |  THURSDAY, 15 JUN 2017
... final Promontory report into the Open Advice Review Program. Of that amount, $22.9 million has been paid so far to 1641 cases. CBA indicated to Promontory that it intended to finalise these payments over the next few months, and that the vast majority ...

ASIC bans former Westpac adviser

EMMA RAPAPORT  |  THURSDAY, 8 JUN 2017
... from the financial services industry. The Project focuses on the conduct of the largest financial advice firms (NAB, Westpac, CBA, ANZ, Macquarie and AMP). ASIC has also penalised Synergy Financial Markets, a Sydney-based firm which trades equities and ...

Industry fund appoints chief risk officer

EMMA RAPAPORT  |  FRIDAY, 2 JUN 2017
... operational risk for Standard Chartered Private Bank, based in Singapore, and has held senior executive positions with NAB, CBA, Credit Suisse and Macquarie Bank. Statewide Super chief executive Richard Nunn has welcomed Netting to the position. "Kieran ...

Qualitas launches fund, adds two directors

KARREN VERGARA  |  FRIDAY, 26 MAY 2017
... and spent close to a decade at ANZ where he held executive relationship management roles and prior to that worked in risk at CBA for seven years. As a closed-end fund, it will deploy capital on the basis a project has a loan-to-value ratio of up to 75% ...

First State Super appoints CFO

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
... including senior positions at specialist infrastructure fund manager CP2, Standard Chartered Bank in Singapore, Macquarie Bank and CBA Wealth Management. The appointment follows First State Super's purchase of StatePlus for $1 billion in May 2016, a ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
ANZ, CBA, NAB and Westpac have taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers hardest. Westpac chair Lindsay Maxsted said in an open letter that the new levy is "bad public policy that targets just ...

Big banks pay $60m in advice refunds

ALEX BURKE  |  MONDAY, 22 MAY 2017
AMP, ANZ, CBA, NAB and Westpac have to-date repaid $60 million out of an estimated $204 million for charging clients for financial advice that was not provided. This news follows the October 2016 release of ASIC's report into the advice businesses of ...

CBA backs financial counselling

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... Financial Counselling Australia to better equip financial counsellors aiding those impacted by domestic and family violence. CBA has pledged $400,000 to fund training of financial counsellors across Australia working with people affected by domestic ...