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Showing 51 - 60 of 199 results for "Business Bank"

Financial Executive Women adds to leadership team

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
Financial Executive Women (FEW) has expanded its leadership, naming a new executive director. Alex Tullio has been appointed to the position having held a number of senior leadership roles at Bendigo Bank, IOOF and Citi. In addition, Tullio has worked ...

Channel Capital nabs new distribution directors

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
A spokesperson for Channel Capital confirmed the appointment of two new directors to its distribution team, hiring from NAB and Pendal. Alana Carratelli and James Biggins will join Channel Capital in February after they serve out their gardening leave. ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
... planners in Australia and approximately $4 billion in funds under advice. CBA's advice businesses are split across its business bank (CommSec), business bank (Commonwealth Financial Planning)and NewCo (Financial Wisdom). CBA recently offloaded Count ...

KPMG names financial services head

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
The global consulting firm has named a new leader for its financial services division. KPMG financial services management consulting head Daniel Knoll has been promoted to national industry leader for financial services. The role will see the former ...

NAB names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2019
NAB named a former Commonwealth Bank executive as its new group chief executive and managing director. Ross McEwan will take over the top job no later than April 2020, the group announced today. McEwan has been chief executive of Royal Bank of Scotland ...

Suncorp named Bank of the Year

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... to help Australians choose reliable financial products. In addition to Bank of the Year, Suncorp also took home Business Bank of the Year. Suncorp received the highest aggregate score across multiple product lines and services including home loans, investment ...

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... including trading, investment loans, and cash and term deposits. CBA's advice interests are now split across its business bank (where CommSec and hence, CAS sit), retail bank (where the salaried advisers under Commonwealth Financial Planning sit) ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
... and lower mortgage spreads squeezed net interest margins while regulatory and compliance spending increased. The business bank's cash earnings were slimmer by 6% after customer provisions, and came at just over $1 billion for the first half. Institutional ...