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Showing 7151 - 7160 of 17960 results for "Bank"

FSC, Deloitte name Future Leader Award winner

LAURA MILLAN  |  MONDAY, 2 NOV 2015
An executive manager of wealth management at Commonwealth Bank (CBA) is the winner of this year's Financial Services Council/Deloitte Future Leader award. Laura Bielinko was awarded for her creative approach to retirement income, which included a proposal ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
... price of iron ore. China's economy has slowed to 6.9% in the first quarter of 2015 from 7.4% last year. While the People's Bank of China (PBOC) has again eased monetary policy - it lowered the benchmark one-year lending rate by 25 bps to 4.35%; the deposit ...

Tim Steele departs AMP

ALEX BURKE  |  FRIDAY, 30 OCT 2015
After announcing his departure in May, Genesys and ipac managing director Tim Steele has left the AMP-aligned practices today. Based on the May announcement, Steele was expected to leave his role in June, but stayed on until late October. He is now ...

Six point five is PM Li's new like

BENJAMIN ONG  |  FRIDAY, 30 OCT 2015
... Li's new "like" and we all know premier Li gets what premier Li likes. Stay tuned (for confirmation) and oh, also for the Bank of Japan's monetary policy announcement later today.

ANZ private wealth sees digital growth

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... growth, with Smart Choice Super and KiwiSaver recording a compound annual growth rate of 65% in digitally enabled FUM. The bank said 91% of its Smart Choice retail customers are Generation X and Y, and 96% of users ask to connect via mobile. The bank ...

Westpac to refund unwanted insurance

ALEX BURKE  |  THURSDAY, 29 OCT 2015
... ASIC review. Over 10,600 Westpac customers will receive notification from Westpac that they are eligible for refunds, the bank having charged them for loan protection insurance in periods where they did not intend to be covered. The ASIC review covered ...

CBA whistleblower flags unfair compensation

ALEX BURKE  |  THURSDAY, 29 OCT 2015
... alleged at the Senate Standing Committees on Economics Scrutiny of Financial Advice public hearing in Melbourne that the bank structured its compensation scheme so that refunds would be minimised. Describing the program as a "joke," Phillips told the ...

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
National Australia Bank (NAB) has agreed to sell 80% of MLC's insurance business for $2.4 billion, but it estimates it will lose over $1.5 billion in the transaction. The bank told investors that the transaction would involve an indicative loss of $1.1 ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... virtue of an association with a union or employer body deemed to be from the same gene pool. Yet four in five directors from bank owned funds are finance industry insiders," Whiteley said.

Lonsec rates several funds

DARREN SNYDER  |  WEDNESDAY, 28 OCT 2015
Research house Lonsec has released several fund ratings during the week and results have been welcomed by the respective fund managers. Yesterday Martin Currie announced it had received a "highly recommended" rating from Lonsec for the Legg Mason Martin ...