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Showing 6431 - 6440 of 17960 results for "Bank"

HLB Mann Judd launches new advice arm

KERRIE SYDEE  |  TUESDAY, 1 NOV 2016
... imposed on borrowers," Macfarlane said. Prior to joining HLB Mann Judd Sydney, Macfarlane held a number of roles with St George Bank, where he worked for 11 years managing banking distribution and client facing teams.

ANZ to sell Asian retail, wealth businesses

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
ANZ is set to sell its retail and wealth businesses across five Asian countries to a Singapore bank. ANZ has entered an agreement with DBS Bank to acquire ANZ's branch network across Singapore, Hong Kong, China, Taiwan and Indonesia. The transaction ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
ASIC has permanently banned a New South Wales financial adviser from providing financial services. Ashley Howard was banned after an investigation found he had engaged in dishonest conduct, maintained that trading he was conduction was authorised, provided ...

Macquarie reports $1bn net profit

ALEX BURKE  |  FRIDAY, 28 OCT 2016
Macquarie has reported a net profit of $1.05 billion for the first half of 2017. This figure is down 2% on the prior corresponding period, but up 8% on 2H16. Operating income was up 8% on the previous six months to $5.2 billion. The group has declared ...

CBA responds to systemic advice failures

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
The Commonwealth Bank of Australia will repay more than 65% of the $154 million in required compensation estimated by ASIC. In response to ASIC's report 'Financial advice: Fees for no service', CBA has confirmed it will be refunding $105 million in ...

The infrastructure benchmark challenge

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
... the specific person but the benchmark is then highly dependent on what's happening in the interest rate market and central bank action." Bahceci noted that, despite the absence of an infrastructure performance benchmark, a growing number of institutions ...

NAB Wealth reports solid growth

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
... Stronger revenue and lower expenses have resulted in a 13% surge in cash earnings for NAB Wealth, growing to $356 million. The bank's wealth management division also reported a 2% growth in net income, owing to higher average funds under management which ...

Australian Unity appoints senior insto BDM

ALEX BURKE  |  THURSDAY, 27 OCT 2016
Australian Unity Funds Management has appointed a senior institutional business development manager. Boyd Lees joins Australian Unity from Citadel SPV, where he was a vice president - business development. He has also held senior roles at NAB, Pershing ...

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
You can bet the house on your favourite steed come 1 November, Melbourne Cup Day, but not on the Reserve Bank of Australia (RBA) shaving another 25 basis points off the official cash rate that currently stands at a record low 1.5%. This is the message ...

Clydesdale in talks to acquire RBS subsidiary

ALEX BURKE  |  WEDNESDAY, 26 OCT 2016
CYBG, the holding company formed following the NAB demerger, is in talks to acquire a business from the Royal Bank of Scotland. The Williams & Glyn business refers to parts of RBS and National Westminster Bank, comprising 307 branches, which must be ...