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Showing 6011 - 6020 of 17959 results for "Bank"

Senior executives sworn to secrecy over bank levy

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... banned from consulting with their boards, customers or shareholders prior to the implementation of legislation around the new bank levy. In what the Australian Bankers' Association has labelled an extraordinary move, the Federal Government yesterday ...

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
... 7% from $8548 to $9138. The report also found the big four banks dominated SMSFs' largest holdings, with the Commonwealth Bank topping the list, followed by Westpac, ANZ and NAB. Telstra, Magellan Global Fund, BHP, Platinum International Fund, Wesfarmers ...

Barclays refunds US$97m for overcharging clients

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
Banking and financial services giant Barclays Capital has agreed to refund $97 million to clients for misrepresenting services and overcharging advisory and mutual fund fees. An investigation by the US Securities and Exchange Commission found Barclays ...

Worried parents prefer banks over stocks: Stockspot

EMMA RAPAPORT  |  WEDNESDAY, 17 MAY 2017
Parents who are worried about housing affordability and their children's financial futures are choosing bank accounts over share investment portfolios as the preferred savings vehicle. A Stockspot report found 85% of parents worry their children will ...

J.P. Morgan appoints new chief executive

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
J.P. Morgan's local chief executive Rob Priestley has stepped down after 15 years in the top spot. Head of global investment banking Paul Uren will replace Priestley as chief executive for J.P. Morgan Australia and New Zealand. Priestley joined the ...

Latin America on institutional investment radar

DARREN SNYDER  |  WEDNESDAY, 17 MAY 2017
An emerging markets specialist says Latin America is offering substantial investment opportunities following Donald Trump's softening trade policy and strong business outlooks across the region. SURA Asset Management regional head of equities Felipe ...

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
Secretary to the Treasury has shot down claims from the Australian Bankers' Association that the proposed bank levy disregards Government best practice guidelines. In a submission to Treasury lodged on Monday, ABA chief executive Anna Bligh claimed ...

CBA backs financial counselling

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
The Commonwealth Bank is committed to helping stamp out economic abuse in Australia, partnering with Financial Counselling Australia to better equip financial counsellors aiding those impacted by domestic and family violence. CBA has pledged $400,000 ...

Bennelong's BennBridge opens its doors

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... compliance Suzanne Porter also joined from Visium Asset Management, prior to which she was vice president, compliance at Bank of America. Porter is responsible for maintaining, distributing and ensuring the understanding of all BennBridge compliance ...

Myer Family lures NAB executive

KARREN VERGARA  |  TUESDAY, 16 MAY 2017
... banking across private, institutional and corporate banking, and financial services. He was most recently a National Australia Bank executive for ultra-high net worth clients for more than five years. Prior to that, he was a head of client management ...