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Showing 541 - 550 of 4759 results for "banking"

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... terms of reference for the review further stipulate that it will exclude the RBA's payments, financial infrastructure, banking, and banknote functions. Chalmers announced that a three-member panel of independent experts from Australia and overseas have ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
ANZ's proposed takeover of Suncorp's banking division has generated varying industry speculation. The Australian Competition and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition ...

Investors, advisers need further ESG education

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... and embracing sustainability," he said. "Further, as the dust settles from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, the advice industry is turning its attention to innovation in service to the ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
ANZ has agreed to acquire Suncorp's banking arm for $4.9 billion, calling it a vote of confidence in Queensland's future. To help fund the acquisition, ANZ it is raising $3.5 billion via a fully underwritten pro rata accelerated renounceable entitlement ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... its lending protocol. Stablecoins also gained some institutional adoption this past week. The EU-regulated payment bank Banking Circle added USDC onto its payment rails, with Coinbase as one of the bank's liquidity providers.

Payton Capital expands to Sydney

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
... management, particularly in relation to institutional acquisition. Over the last three decades, Healy has worked across banking, fixed income, investment and funds management in organisations such as BNP Paribas, NAB and FIIG Securities. Mathew Wang ...

Global fintech Smart expands pension offering to Australia

CASSANDRA BALDINI  |  TUESDAY, 12 JUL 2022
... Zurich, in Ireland with the Bank of Ireland, in the UK through Smart Pension and in partnership with Barclays business banking, and across the US. Backed by the likes of J.P. Morgan, Barclays, Legal & General Investment Management, Link Group, Chrysalis ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... financial advisers and is full of unfair judgments and generalisations. "They make the often-repeated statement that the Banking Royal Commission exposed widespread misconduct in the financial advice industry," AFA said. "It might be worthwhile pointing ...

Natalie Cameron named AFCA lead ombudsman

ANDREW MCKEAN  |  THURSDAY, 7 JUL 2022
The Australian Financial Complaints Authority has appointed Natalie Cameron as its new lead ombudsman for banking and finance. Cameron moves into the position from her current appointment as lead ombudsman for investments and advice at AFCA. She has ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... global compliance framework and team. Closer to home, she is known for her time as senior executive leader, investment banking at ASIC in the lead up to and during the Global Financial Crisis. She was also involved in the Capability Review of the regulator ...