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

Search Results

Showing 5561 - 5570 of 17959 results for "Bank"

Channel Capital hires distribution director

ALEX BURKE  |  FRIDAY, 15 DEC 2017
Channel Capital has appointed a new distribution director - retail, intermediaries and family office. Luke Mandekic joins Channel Capital from Aberdeen Asset Management, where he was a regional sales manager based in Melbourne. Prior to that, he was ...

Adviser group edges on triple digits with new business

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2017
Madison Financial Group has added another practice to its stable, as its growing adviser network nears triple digits. Marsh Financial Advice is the latest business to join the dealer group, led by owner and principal adviser Shelley Marsh. A former ...

Three is the magic number

BENJAMIN ONG  |  THURSDAY, 14 DEC 2017
And so it came to pass, The Fed delivered! The US central bank lifted the fed funds rate by 25 basis points to 1.25%-1.50% following its 12-13 December FOMC meeting - as widely expected and telegraphed but more importantly, as the dot plot of December ...

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
... allegations to be handed down by AUSTRAC. In filings submitted in response to civil proceedings commenced by AUSTRAC, the bank said its Intelligent Deposit Machines (IDMs) "did not adequately adhere" to risk assessments, leading to "the same single systems-related ...

Chinese financial services giant eyes Australian expansion

EMMA RAPAPORT  |  WEDNESDAY, 13 DEC 2017
... include Ant Fortune, a wealth-management app, Zhima (Sesame) Credit, a social credit scoring system, and MYbank, a digital bank which offers microloans to businesses and consumers. Over 10 million brick-and-mortar merchants now accept Alipay across C ...

Boutique wealth manager hires banking executive

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2017
A Bank of Melbourne executive has joined a boutique wealth manager to oversee its Victorian business. Koda Capital will welcome Jonathan Ayers as managing partner of Victoria, commencing in the role in 2018. Ayers joined Bank of Melbourne in 2011, leading ...

AMP flags departures in distribution restructure

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
... management and insurance businesses. The move will create specialist roles which will better align the broker and adviser bank sales teams, an AMP spokesperson told Financial Standard. Of those affected, head of sales for Queensland, Ivor Kay, will depart ...

AMP names new chief risk officer

KARREN VERGARA  |  TUESDAY, 12 DEC 2017
... risk management experience across financial services and was most recently an executive vice president at Canadian Imperial Bank of Commerce (CIBC) for the last four years. She spent nearly a decade at ANZ working in executive roles, which included leading ...

Former AustralianSuper risk head joins AIA ahead of CommInsure acquisition

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... access to high quality life insurance products through CBA and life and health insurance products through New Zealand's ASB Bank, as well as AIA solutions. Under the agreement, CommInsure Life and Sovereign customers will hold on to all current benefits ...

Channel Capital partners with Sahota to launch new boutique

EMMA RAPAPORT  |  TUESDAY, 12 DEC 2017
Multi-affiliate funds management firm Channel Capital is partnering with global fixed income guru Bob Sahota to launch a new boutique investment manager. Revolution Asset Management will provide institutional and high net worth investors with access ...