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Showing 6081 - 6090 of 17959 results for "Bank"

Labor renews calls for banking Royal Commission

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
Senate Economics References Committee chairman Chris Ketter has justified Labor's calls for a Royal Commission into the banking and financial services sector, citing a flood of angry consumer complaints. In a submission to the Senate Inquiry into Consumer ...

ANZ sells off retail Vietnam business

ALEX BURKE  |  MONDAY, 24 APR 2017
ANZ entered into an agreement to sell its Vietnamese retail business to an NYSE-listed South Korean group. Shinhan Bank Vietnam, owned by Shinhan Financial Group, will become the new owner of ANZ's retail presence while the latter focuses on its institutional ...

Decidedly undecided

BENJAMIN ONG  |  MONDAY, 24 APR 2017
... back border controls that the EU eliminated. On the economy, she wants to take abandon the Euro, take control of the central bank and fire up the printing presses to finance welfare spending. Upon becoming president, she plans to go to Brussels to re-negotiate ...

Macquarie buys UK investment bank for $4bn

ALEX BURKE  |  FRIDAY, 21 APR 2017
A Macquarie-led consortium will acquire a UK investment bank for £2.3 billion ($3.9 billion) and merge it with its existing UK infrastructure business. Macquarie, along with the Universities Superannuation Scheme (USS), purchased the Green Investment ...

4D hires infrastructure specialist

JAMIE WILLIAMSON  |  FRIDAY, 21 APR 2017
... also previously worked for Fidante Partners, Lazard and J.P. Morgan. He began his career as a graduate at the Commonwealth Bank before becoming an analyst for Colonial First State. Commenting on the appointment, 4D Infrastructure's global equity strategist ...

ASIC bans company director

JAMIE WILLIAMSON  |  FRIDAY, 21 APR 2017
A former director of a Melbourne-based investment banking securities dealer and asset management firm was banned from providing financial services by ASIC. Bingxing Hu was banned for five years after an ASIC investigation found he knowingly engaged ...

Global bank tests customer service 'bot'

KARREN VERGARA  |  THURSDAY, 20 APR 2017
Global bank Wells Fargo is launching an artificial intelligence-driven customer service 'chat' experience within Facebook's Messenger application. Wells Fargo customers who frequently use Messenger will be able to save time using the chat bot functionality ...

Unconscionable super cross-selling will continue: ISA

KARREN VERGARA  |  THURSDAY, 20 APR 2017
The Sedgwick Review failed to address some of the "unconscionable" remuneration practices undertaken by banks to cross-sell superannuation products and nothing is being done to curb this, Industry Super Australia says. In response to the independent ...

Republic Capital chief executive departs

ALEX BURKE  |  THURSDAY, 20 APR 2017
... at Swita Investment Management, head of operations at Arnott Capital and a financial controller in Westpac's institutional bank. At the time of Baker's appointment, Republic Capital non-executive chair Brian Thomas described the incoming chief executive ...

Smarter Money funds get Lonsec tick

ALEX BURKE  |  THURSDAY, 20 APR 2017
... culture." SMAC targets cash and fixed income returns of one to 2% above the RBA cash rate after fees. It invests in Australian bank deposits and investment-grade floating-rate notes. Over the past five years the fund has delivered an excess return of ...