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Showing 771 - 780 of 4760 results for "banking"

ASIC okay with virtual AGMs

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
... AGMs) from physical locations to videoconferencing, to cater for pandemic lockdowns. The move was supported by Australian Banking Association, and the Australasian Investor Relations Association. But it was panned by others such as Institutional Shareholder ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
The monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair ...

Chester eyes ASIC chair role

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
... Shipton replied that ASIC's focus is on the broader regulatory framework, but the private sector and the Australian Banking Association have an enormous responsibility and a bigger part to play in this area.

Colonial First State names executive chair

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
... of Craveable Brands and is currently chair of Tibra Capital. He is also a former group executive of retail and business banking at Westpac and a former chief executive of BT Financial Group. "We are delighted to welcome an executive of Rob's calibre ...

Westpac merges consumer, business divisions

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... has announced it will combine the leadership of its consumer and business divisions to form a new consumer and business banking division, with one executive exiting the business. Westpac said the new division will be led by the current chief executive ...

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
... they can't afford and take away their ability to receive justice. "This contradicts the very first recommendation of the Banking Royal Commission - to leave safe lending laws intact."

Global net zero framework launched

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... Scottish Widows, New York State Common Retirement Fund, the Church of England Pensions Board, PensionDanmark, AP2, Lloyds Banking Group Pensions Trustees, Nest Corporation, AXA Investment Managers, DWS, Aberdeen Standard Investments, PIMCO, Jupiter Asset ...

APRA closes Westpac probe

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
APRA has closed its investigation into possible breaches of the Banking Act 1959, including the Banking Executive Accountability Regime (BEAR), by Westpac. APRA launched the investigation into Westpac last year following allegations by AUSTRAC that ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... refund process. However, Remediator's fee is 20% of the refund amount plus GST (charged on a no-win-no-fee basis). "The Banking Royal Commission exposed misconduct by banks and some financial advisors. Now thanks to its findings, they can help consumers ...

Citi moves to double wealth business revenues

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... the closure of Citi's last physical branch in February 2020, as the global bank focuses on digital engagement for most banking interactions. Citi head of banking and wealth Gofram Chowdhury said despite customer preference for online banking, there is ...