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Showing 611 - 620 of 2907 results for "Commonwealth Bank"

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... is not a financial product clearly covered under the Corporations Act. Court settlements were ordered against Commonwealth Bank, National Australia Bank and ANZ on similar matters. Total civil penalties against these banks came to $25 million. Total ...

AMP announces board changes

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
... years' experience in global financial services as the former chief executive of Mizuho Bank in Australia and Commonwealth Bank in Japan. She is also a non-executive director for the Treasury Corporation of Victoria, Persol Australia Holdings and the ...

Wealth heavyweights join FSC board

HARRISON WORLEY  |  THURSDAY, 4 APR 2019
... wealth management Alex Wade, Challenger chief financial officer Andrew Tobin and Jason Yetton - who is leading Commonwealth Bank's wealth demerger - have joined the FSC's board. Meanwhile, Australian Unity wealth chief executive, group chief investment ...

Former Commonwealth Bank chief joins ASX-listed firm

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
Former Commonwealth Bank chief executive Ian Narev has found a new role with an ASX-listed entity. Narev joins SEEK in a newly created dual role of group chief operating officer and Asia Pacific and Americas chief executive. He was chief executive of ...

Beware blockchain: ANZ

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... necessarily represent the views of ANZ broadly. This comes after Financial Standard reported last year that the Commonwealth Bank was ramping up its blockchain projects. Blockchain is a system in which a record of bitcoin or other cryptocurrency transactions ...

EQT hires risk and superannuation strategy lead

KARREN VERGARA  |  MONDAY, 25 MAR 2019
... and David Warren as a client relationship manager. Everingham was previously a non-executive director of the Commonwealth Bank Group Superannuation Fund and served as chair of its risk and audit committee for three years. Jim Minto, the former chair ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... hiving off wealth and financial advice businesses. Westpac has announced it is exiting personal financial advice. Commonwealth Bank has delayed its planned demerger but said it remains committed to exiting wealth. Meanwhile, the OnePath/IOOF transaction ...

Macquarie axes SMSF residential property loans

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... family guarantee loans from 18 March 2019, and SMSF residential home loans from 30 April 2019." AMP, Westpac and Commonwealth Bank have already stopped offering SMSF lending for residential property, amid regulatory concerns and falling property prices. ...

Royal Commission will guide remuneration standard: APRA

DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
What APRA learned from its prudential inquiry into Commonwealth Bank, and the Royal Commission, will help shape its updated and soon-to-be released standard on remuneration. APRA executive general manager, policy and advice, Pat Brennan told an industry ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... rolling out the high speed payment system last year. In emails sent by Lowe to the chief executives of ANZ, Commonwealth Bank, Westpac and National Australia Bank last September, he expressed concern at how long it was taking to roll out the high speed ...