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Showing 5641 - 5650 of 17959 results for "Bank"

Financial services industry welcomes 'Yes' result

EMMA RAPAPORT  |  WEDNESDAY, 15 NOV 2017
Leaders from across the financial services industry have welcomed the 'Yes' vote in favour of legalising same-sex marriage. Zurich, Vanguard, Westpac, Australian Ethical and CBA have all expressed delight at the result and affirmed their commitment ...

Former adviser cops 10-year imprisonment

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2017
... 2012 and January 2013. The court heard that Sherwin recommended clients rollover their superannuation into an SMSF held in a bank account. ASIC began investigating the bank account activities after Sherwin Financial Planners and its representatives instructed ...

APRA picks NAB veteran for senior hire

ALEX BURKE  |  WEDNESDAY, 15 NOV 2017
APRA has appointed a new executive general manager, specialised institutions. Mark Adams joins the regulator from Versent, where he was acting chief operating officer. Before that, he was executive general manager, digital banking at UBank, and held ...

Major banks overlooking elder abuse

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... the ABA asked banks to be more proactive and develop a framework to combat elder abuse. This has been met with silence by bank bosses who seem more focussed on delivering record profits for shareholders, developing multi-million dollar advertising and ...

Less liquidity to lessen risk

BENJAMIN ONG  |  TUESDAY, 14 NOV 2017
Fresh data out of China suggests that the central government and the central bank's efforts to reduce liquidity in the system are starting to have an impact. China's M2 money supply went up by 8.8% in the year to October after rising by 9.2% in the ...

Westpac to welcome new chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... risk framework in place," he said. Replacing Holcomb next year is David Stephen, currently in the same role at the Royal Bank of Scotland. "I am pleased to have someone of David's calibre join the group executive team. He is a highly regarded global ...

Legg Mason appoints insto sales head from Media Super

ALEX BURKE  |  MONDAY, 13 NOV 2017
... $962 billion fund manager from Media Super, where he was an investment manager. Prior to that, he held multiple roles at ME Bank, including head of treasury sales, institutional manager (cash and fixed income) and senior treasury dealer. Nunan said ...

The next generation of bancassurance

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
One may think the continuing trend of banks offloading their insurance and wealth management businesses signals the end of the bancassurance model but there is life in it yet, according to IOOF's Renato Mota. In a recent blog post Mota said the traditional ...

Industry veteran joins RBC, targets Australian growth

EMMA RAPAPORT  |  MONDAY, 13 NOV 2017
RBC Investor and Treasury Services, part of Royal Bank of Canada, announced the appointment of an industry veteran as managing director, head of global client coverage Australia. David Brown joins RBC I&TS with more than 29 years' experience in financial ...

J.P. Morgan wins SMA custody mandate

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... separately managed accounts business of a $7 billion platform. Following a competitive tender process, Praemium has appointed the bank and will now offer international SMAs through the J.P. Morgan platform. Under the deal, Praemium will also have access ...