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Showing 41 - 50 of 128 results for "Commercial Bank"

ANZ reshuffles leadership team

JAMIE WILLIAMSON  |  THURSDAY, 28 FEB 2019
ANZ is shedding its single governance and accountability structure, appointing two group executives to share responsibility for the Australian business' financial performance. The bank is introducing a new management structure to better navigate the ...

ANZ Australia head to depart

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
ANZ's group executive for Australia is stepping down and taking an extended career break to spend time with family. Fred Ohlsson has announced he will be returning to his native Sweden following 17 years' at the bank. Current group executive, business ...

Real estate investment manager bolsters debt team

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
A US$115 billion real estate investment manager added a former KPMG senior analyst to cater for growth in its commercial real estate debt business. Nicholas Lim will link with TH Real Estate's debt strategies team. Joining the firm as an analyst ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
Investors looking to buy Commonwealth Bank's demerged wealth management arm now have a clearer picture about what it looks like - a business which has generated after-tax profit of more than $500 million for the past two years. NewCo, or Commonwealth ...

AustralianSuper bolsters executive lineup

JAMIE WILLIAMSON  |  TUESDAY, 24 JUL 2018
... recently head of emerging technology labs at ANZ and served as global head of technology for ANZ's corporate and commercial bank between 2014 and 2016. She has also held roles with Deloitte, Microsoft and Accenture. AustralianSuper said the new role ...

Sunsuper appoints former AustralianSuper executive

KANIKA SOOD  |  MONDAY, 23 JUL 2018
Sunsuper has added a former AustralianSuper group executive with marketing expertise to its board at a time as the $56 billion industry fund continues its merger spree. Georgina Williams has been appointed to Sunsuper's board. She has more than ...

Frontier appoints principal consultant

ALEX BURKE  |  TUESDAY, 29 MAY 2018
Frontier Advisors appointed a principal consultant from bfinance. Joey Alcock returns to Frontier having been a senior associate with bfinance in London since May 2016. He spent 11 years at Frontier before that as a consultant. Before his first stint ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... impact on the bank or broader industry. On 3 January 2017, ANZ announced it sold its 20% stake in Shanghai Rural Commercial Bank; this has materialised to an $86 million loss. In the same month, it agreed to sell UDC Finance, which is part of the New ...

ANZ considering IPO for subsidiary

KANIKA SOOD  |  TUESDAY, 20 MAR 2018
... retail and wealth business in six countries; its Australian investment and pension business; China's Shanghai Rural Commercial Bank and the Phillippines' Metrobank Card Corporation. The sales are a part of a broader move to tighten the risk and complexity ...

More clarity needed on NAB redundancies

JAMIE WILLIAMSON  |  FRIDAY, 3 NOV 2017
The Financial Sector Union of Australia is concerned with NAB's lack of detail provided around plans to cut almost 20% of its staff by 2020. The FSU responded to the news of planned job cuts by demanding urgent talks with NAB chief executive Andrew ...