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Showing 51 - 60 of 125 results for "Commercial Bank"

TH Real Estate expands Australian operations

KARREN VERGARA  |  MONDAY, 15 MAY 2017
Global real estate investment manager TH Real Estate is expanding its Australian footprint by creating a new investment analyst role. Based in Sydney, Lisa Peng joins as an investment analyst responsible for research and financial analysis across the ...

Future of ANZ Wealth uncertain amid profit slide

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
... across five Asian countries to DBS Bank; January saw it sell off UDC Finance and a 20% stake in Shanghai Rural Commercial Bank; March saw it decommission its broking business, ANZ Share Investing; and in April, ANZ sold its Vietnamese retail businesses ...

ANZ unloads UDC Finance

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2017
... investment program. The announcement follows news last week that ANZ has also sold its 20% share in Shanghai Rural Commercial Bank to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management Development Corporation. The sale of ...

ANZ selling stake in Chinese bank

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
... strategy to focus on institutional banking operations in Asia, ANZ has agreed to sell its 20% stake in Shanghai Rural Commercial Bank. ANZ is selling its stake to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management Development ...

HSBC expands private wealth business

DARREN SNYDER  |  FRIDAY, 18 NOV 2016
HSBC Australia head of private banking Hayden Matthews will lead a new Sydney office dedicated to the global bank's growing high net worth and family office client base. The private banking expansion comes with HSBC's anticipation that Australia's high ...

ANZ appoints internal audit GM

ALEX BURKE  |  MONDAY, 22 AUG 2016
ANZ has appointed a group general manager internal audit. Prior to this appointment, Kevin Corbally was ANZ's managing director, credit and capital management, and head of institutional relationship banking Australia before that. Before joining ANZ ...

ABA denies precedent for matching RBA cash rates

ALEX BURKE  |  FRIDAY, 5 AUG 2016
The Australian Bankers' Association has rejected calls from Parliament to justify its interest rate pricing based on the Reserve Bank's cash rate. Following the RBA cutting the cash rate to 1.75%, Prime Minister Malcolm Turnbull told media that "the ...

Banks will always take more risk: APRA exec

DARREN SNYDER  |  TUESDAY, 28 JUN 2016
An APRA executive says there's a lot to be happy about within the Australian financial system despite it constantly facing scrutiny over risk management and industry culture. Speaking at the Centre for International Finance and Regulation banking research ...

Robo-advice to impact not replace: CFA

KERRIE SYDEE  |  THURSDAY, 28 APR 2016
Robo-advice is set to have the greatest impact on the financial services industry over the next five years, according to new member research by CFA Institute. The Fintech Survey found that 70% of respondents believe that mass affluent investors will ...

Largest five banks all Asian

MARK SMITH  |  THURSDAY, 14 APR 2016
... have slipped down the rankings. The three largest banks in the world continued to be Beijing-based Industrial & Commercial Bank of China, China Construction Bank Corp and Agricultural Bank of China, with total year-end 2015 assets calculated at US$3.421 ...