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Showing 6581 - 6590 of 17960 results for "Bank"

Rubik continues strong growth trend

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
Rubik has achieved its fourth consecutive year of double digit growth, according to the fintech's annual results. The company reported an 11.4% surge in overall revenue, totaling $43.3 million, with recurring revenues accounting for 73%. Rubik's wealth ...

Capital not enough to prevent failures

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
... deposit taking institutions (ADIs), it is important to remember that capital adequacy is a relative concept. "When we judge a bank's capital to be high or low, or something in the middle, we are making a judgement that takes into account a range of issues ...

Centuria taps Google for latest board appointment

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
Centuria Capital has appointed a senior executive from technology giant Google to its board. Susan Wheeldon-Steele is currently head of performance at Google where she works with national and global companies to develop and deliver growth strategies. ...

NAS recognised as top custodian

DARREN SNYDER  |  TUESDAY, 30 AUG 2016
For the third consecutive year NAB Asset Servicing has been recognised as the top sub-custodian in Australia and New Zealand at the Transaction Processing Awards. NAB Asset Servicing executive general manager John Comito said the award was an endorsement ...

ACBC launches additional XTB model portfolios

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
... wanting to create a tradable alternative to cash or short-term TD products. The portfolio is based on senior floating-rate bank bonds, which have demonstrated ultra-low price volatility between 0.2% and 0.3% p.a., over the long term. ACBC believes the ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
... government bonds, 25% semi-government bonds (15% AAA rated and 10%AA rated) and 50% credit (20% invested in Australian major bank bonds, 30% at an average A rating). The analysis found that under the current ratings the LAGIC credit stress charge would ...

Bridges advice head resigns

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
The chief executive of IOOF-owned Bridges has resigned and the former head of Western Pacific Financial Planning has been appointed to the role in the interim. Nick Langton joined Bridges in 2014 from Perpetual where he was general manager of Perpetual's ...

Digital advice an economic problem

DARREN SNYDER  |  TUESDAY, 30 AUG 2016
An industry consultant believes superannuation funds banking on superior technology solutions or digital advice programs to deliver a competitive advantage should rethink their strategy. Adviser Network chief executive Duncan McPherson said super funds ...

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
The joint chair of the Storm Investors Consumer Action Group has criticised the Federal Court's recent ruling against Storm Financial. Seven years after going into administration, Storm Financial has been found by the court to have provided inappropriate ...

Pinnacle director departs after Wilson acquisition

ALEX BURKE  |  MONDAY, 29 AUG 2016
... chair from 2011 to 2015. He currently sits on the boards of BlueChilli Group, the General Sir Monash Foundation, Deutsche Bank Australia and the Centre for Independent Studies. He is also the former chair of Deutsche Bank's private wealth management ...