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Showing 6501 - 6510 of 17960 results for "Bank"

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
The Commonwealth Bank has released an update on the ongoing independent review into its life insurance division CommInsure, following further accusations of misconduct. The review findings show the bank has retrieved and revised over five million documents ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 4 OCT 2016
Australia private sector credit Reserve Bank of Australia (RBA) figures showed that the annual growth in private sector credit slowed from 6.0% in July to 5.8% in August - the slowest rate since October 2014. Except for the bumps in December 2015 and ...

Top boutique in first push for new investors

MARK SMITH  |  FRIDAY, 30 SEP 2016
... computer science degree. Fellow portfolio manager Tim Masters has a background in debt having worked in Westpac's institutional bank. Rounding out the investment team is dealer Geoffrey Kneale who has a background in international accounting. As for ...

Future of advice to be shaped by the customer

KERRIE SYDEE  |  FRIDAY, 30 SEP 2016
... face advice will be determined by the customer, according to general manager of advice partnerships at National Australia Bank, Ross Barnwell. Speaking with Financial Standard, Barnwell made note that when it comes to the use of digital and face to face ...

Bank acquires WA Government loans

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
The West Australian Government has sold off a billion dollar mortgage portfolio to a bank. Bendigo and Adelaide Bank has acquired the $1.35 billion portfolio of standard residential loans from Keystart, a company wholly owned by the West Australian ...

No new monetary policy moves on horizon: AB

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
... business models were increasingly battered by requirements to pay for keeping money on deposit with the European Central Bank. It was at this time, he says, that the focus started to shift toward the potential for fiscal policy to break the stalemate ...

ASIC bans Deutsche Bank trader

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
ASIC permanently banned a former Deutsche Bank FX options and futures trader from providing financial services. Andrew Donaldson of Sydney was banned following an ASIC investigation into Donaldson's conduct in 2013 and 2014, where he entered false entries ...

Former Russell CEO joins MLC trustee board

DARREN SNYDER  |  THURSDAY, 29 SEP 2016
... committees and the Super Wrap and Investor Directed Portfolio Service (IDPS) committee. The appointment follows National Australia Bank (NAB) announcing in July that it would merge five of its super funds to create the MLC Super Fund, the largest single ...

AMP Capital responds to ChinaAMC unitholder offer

ALEX BURKE  |  WEDNESDAY, 28 SEP 2016
... the winding up." In August, AMP Capital announced it would liquidate the entire AGF portfolio, hold it in cash in a Chinese bank and distribute the proceeds to unitholders pending tax and regulatory approvals. During this process, the RE reduced AGF's ...

NAB pays $6.5m to resolve advice complaints

KERRIE SYDEE  |  WEDNESDAY, 28 SEP 2016
National Australia Bank revealed it has paid a total of $6.5 million to 251 customers since February 2015 after settling their claims for compensation. In an update on its financial advice response initiative, NAB said the uplift in payments to customers ...