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Showing 6131 - 6140 of 17959 results for "Bank"

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
... said. "Hundreds of billions of dollars in savings for millions of Australians are in underperforming and costly retail and bank-owned funds, yet the Productivity Commission's prescriptions will do nothing about it." "The PC's proposals will shift the ...

Westpac minimises disruption with disruption

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2017
... Westpac launched an innovative tool enabling access to its online banking features via social messaging apps and SMS. The bank introduced the Westpac Keyboard, a new iOS keyboard, which allows customers to make payments, share account details or send ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
The Australian Bankers' Association announced it will commit to the majority of the Khoury Report's proposed banking reforms, promising to raise its code of practice to meet higher standards. Of the 99 recommendations, the ABA is fully supporting 61 ...

CBA prices inaugural climate bond

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
Commonwealth Bank priced its first Climate Bond, raising $650 million to fund a range of renewable and low-carbon projects in Australia. Proceeds from the issuance will fund 12 eligible Australian projects, including renewable energy generation through ...

TCorp appoints ex-Willis Towers Watson executive

JAMIE WILLIAMSON  |  WEDNESDAY, 29 MAR 2017
... relocating to Sydney in August 2015 to co-lead the current team. He has also previously been an assistant vice president with Bank of America in St. Louis, Missouri. Commenting on Mao's appointment, head of investment for Willis Towers Watson Australia ...

Fintechs and instos must align: Saxo

DARREN SNYDER  |  TUESDAY, 28 MAR 2017
... believes financial institutions must step away from building and owning everything and adopt more collaborative approaches. Saxo Bank founder and chief executive Kim Fournais said the intersection of traditional financial services firms and fintech start-ups ...

Fund manager appoints managing director

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2017
... acquisition of Certitude, and has also previously held senior roles with MLC Private Equity, Credit Suisse and St George Bank. Aura also welcomed Brett Craig as a director within the business. Craig will be the portfolio manager for a new High Yield ...

CBA CFO to retire, successor named

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2017
Commonwealth Bank group chief financial officer David Craig will step down from the role at the close of the financial year, with the bank naming his successor. In announcing Craig's retirement, CBA chief executive Ian Narev described him as a linchpin ...

Panorama fortifies BTFG adviser market

KARREN VERGARA  |  FRIDAY, 24 MAR 2017
BT Financial Group's mammoth financial outlay in upgrading its wealth management platform will generate cost savings of $100 million per year with benefits for financial advisers and investors. BTFG head of product development Anil Sagaram said it's ...

Citi boosts wealth team

ALEX BURKE  |  FRIDAY, 24 MAR 2017
... this role she was head of currency overlay and solution sales at NAB; and global markets research senior strategist at the Bank of New Zealand. Simson Sanaphay, meanwhile, has joined the team as a senior investment strategist, focusing on Citi's high ...