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Showing 61 - 70 of 424 results for "Big four banks"

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... intend to increase permanent staff levels. The firm said mergers and acquisitions, the FASEA exam and moves by the big four banks to move their wealth arms had led to "mass redundancies", but added the skills in demand are still relatively consistent. ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... unrealistic to expect a further reduction in the cash rate." But will it be as soon as next week? Australia's big four banks - ANZ, Commonwealth Bank, NAB, Westpac - think the RBA will announce a 25 bps reduction in interest rates at the conclusion ...

Regional Australia Bank and Holiday Coast merge

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... chair Graham Olrich said: "While the sector proudly continues to grow, particularly as people turn away from the big four banks, it is smaller institutions that find it difficult to sustain that growth and keep pace with digital transformation and increasing ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... the Australian economy. Thomas said it was hard to put a number on it, but noted the decision of Australia's big four banks to jettison their wealth management operations was mathematical. The big banks certainly tried the wealth management and life ...

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
... months after Kenneth Hayne handed down his final report into misconduct in financial services, customers of the big four banks are starting to feel more satisfied. Latest Roy Morgan findings show customer satisfaction with Australia's largest banks is ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... Financial Standard has called it before Bill did - in early June last year. Back when the chief economists of the Big Four Banks were revising their forecasts from two rate HIKES to one rate HIKE to NONE. Financial Standard was also the first to prescribe ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... UniSuper and Hostplus have so far stuck to single strategy products. On the other hand, the super businesses of all big four banks now use lifecycle products as defaults, with NAB's MLC being the latest entrant. In total, 25 super funds with at least ...

Morgan Stanley raises capital for 86 400

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... said the aim is not to build a small, niche bank. "We are genuinely excited about building an alternative to the big four banks but the reality is you have to start somewhere - and [that] for us is transaction accounts, savings accounts and retail mortgages." ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... look to deleverage," Masters said. PwC said the half year results indicate a new era is emerging for Australia's big four banks, as the industry attempts to right past wrongs and is forced to change amid growing external pressure. It indicated the banks ...

Bravura raises $165m for GBST bid

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
... services to life insurers, stock brokers, wealth management businesses and institutions. Its clients include the big four banks, Baillieu Holst, Bell Porter and Morgans. On April 12, Bravura bid $2.50 to acquire all of GBST's shares which would have ...