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Showing 6191 - 6200 of 17959 results for "Bank"

Bankwest MD takes interim role at Praemium

ALEX BURKE  |  MONDAY, 6 MAR 2017
A new chief executive will take the reins at Praemium on an interim basis following Michael Ohanessian's termination in February. Robert De Luca joins Praemium from Bankwest, where he was managing director from 2012 to 2017. Before that he was executive ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
... Framework, the professional standards legislation, and the industry's Code of Practice coming in to effect on 1 July. Commonwealth Bank group executive, wealth management, Annabel Spring also appeared, using her opening statements to defend last year's ...

Listed advice groups gaining ground

KARREN VERGARA  |  MONDAY, 6 MAR 2017
As banks and major financial institutions are challenged to address set backs across respective wealth and advice businesses, several listed advice groups have shown they are on to a winning model. Growth for Centrepoint Alliance's wealth division is ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
... jobless rate from 5.7% (January 2017) to 5.5% by the end of 2017 and 5.3% next year. This is at the low end of the Reserve Bank of Australia's (RBA) end-2017 growth forecasts of 2.5%-3.5% and 2.75%-3.75% in 2018 (published in its February 2017 monetary ...

CBA reviews part-time staff earnings

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2017
The Commonwealth Bank will review its payments to part-time employees over the past eight years to determine if any are owed unpaid superannuation entitlements. Last week the Finance Sector Union claimed CBA failed to pay part-time staff members the ...

Westpac faces lending practices breach: ASIC

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
... assessment of a borrower's ability to repay the loan would have shown a monthly deficit. For interest-only period home loans, the bank failed to take into account the higher repayments at the end of the period when assessing the borrowers' ability to ...

Value investors facing short-term headwinds

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
Value investors are facing a number of challenges in the short-term, particularly during reporting season where they have to be more discerning about the quality of earnings reported. Perennial Value Management managing director John Murray said stocks ...

NAB launches offshore green bond

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
Answering to strong investor demand, National Australia Bank launched a public offshore green bond valued at €500 million ($690 million). Reported as the first of its kind issued by an Australian bank and the biggest green bond from an Australian ...

Deutsche Bank equities head departs

ALEX BURKE  |  WEDNESDAY, 1 MAR 2017
Deutsche Bank's head of equities for Australia announced his departure after 26 years at the company. Vic Jokovic joined Deutsche in 1991. Until retiring, he also held the position of co-head of global markets, Australia and New Zealand. Deutsche Bank ...

Good credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
... year to January, similar to December, which was the fastest pace since 2009. These are evidence that the European Central Bank's (ECB) efforts to boost economic activity in the region are working that, in turn, could lift gathering "taper" expectations. ...