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Showing 751 - 760 of 4760 results for "banking"

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... AMP announced it is splitting the business into two: AMP Limited and Private Markets. Wealth management, investment and banking group will operate under AMP Limited and maintain a partnership with China Life and Resolution Life. Many cast doubt about ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... market, and the best way to do that is together." The merged entity promises that all members will see fees reduce. Suncorp banking and wealth chief executive Clive van Horen said: "After extensive engagement with a number of potential acquirers, we ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... denominated preference share issues with a market cap of at least $100 million from Commonwealth Bank, Australia and New Zealand Banking Group, National Australia Bank and Westpac. It tracks the Solactive Australian Banking Preferred Shares Index before ...

Queensland bans Dollarmites

KARREN VERGARA  |  TUESDAY, 27 APR 2021
The Sunshine State is joining Victoria and the nation's capital in banning the Commonwealth Bank's school-banking program. Queensland minister for education Grace Grace announced her department will not renew its agreement with CBA when it ends on 31 ...

Moelis Australia to rebrand

KANIKA SOOD  |  FRIDAY, 23 APR 2021
... approval to rebrand, as its revenues from asset management outstrip the contribution from its original business of investment banking services. ASX-listed Moelis Australia wants to change the name to MA Financial Group, and change the ticker code to ...

Pandemic boosts financial sector's engagement

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... technology sector workers were deemed to be the most engaged. More than half (56%) of finance employees, working across banking, insurance, exchanges and brokerage, said they experienced between one or two more major workplace changes in the last year. ...

Pahari to leave AMP amid demerger

JAMIE WILLIAMSON  |  FRIDAY, 23 APR 2021
... realise efficiencies". Those businesses would be AMP Limited, offering retail-focused wealth management, investment and banking services to the Australian and New Zealand markets, and Private Markets offering investment services across infrastructure ...

Super top ups increase: Survey

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... made additional contributions to their superannuation - which is a two-and-a-half times increase in engagement. Finder Banking and investment editor Alison Banney said Australians should not be under the impression that an unsupplemented super balance ...

MLC Life makes key appointments

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
... investments) since 2015. He also worked at AMP as director of guarantees and product, technical and director of pricing, banking and wealth management. Earlier in Baillie's career he was head of wealth management, pricing and risk at AXA. In his new ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... results made it clear that the world's largest financial institutions are benefiting from the boom. Citi reported investment banking revenues of US$2 billion, increasing by 46%. It acknowledged that this revenue growth was primarily driven by higher ...