Search ResultsShowing 61 - 70 of 100+ results for "Commonwealth Bank"
Former Commonwealth Bank chief joins ASX-listed firm
ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
Former Commonwealth Bank chief executive Ian Narev has found a new role with an ASX-listed entity. Narev joins SEEK in a newly created dual role of group chief operating officer and Asia Pacific and Americas chief executive. He was chief executive of ...
EQT hires risk and superannuation strategy lead
KARREN VERGARA  |  MONDAY, 25 MAR 2019
... and David Warren as a client relationship manager. Everingham was previously a non-executive director of the Commonwealth Bank Group Superannuation Fund and served as chair of its risk and audit committee for three years. Jim Minto, the former chair ...
Banks move to derisk, workforces shrink
KANIKA SOOD  |  MONDAY, 25 MAR 2019
... off wealth and financial advice businesses. Westpac has announced it is exiting personal financial advice. Commonwealth Bank has delayed its planned demerger but said it remains committed to exiting wealth. Meanwhile, the OnePath/IOOF transaction has ...
Macquarie axes SMSF residential property loans
ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... family guarantee loans from 18 March 2019, and SMSF residential home loans from 30 April 2019." AMP, Westpac and Commonwealth Bank have already stopped offering SMSF lending for residential property, amid regulatory concerns and falling property prices. ...
Royal Commission will guide remuneration standard: APRA
DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
What APRA learned from its prudential inquiry into Commonwealth Bank, and the Royal Commission, will help shape its updated and soon-to-be released standard on remuneration. APRA executive general manager, policy and advice, Pat Brennan told an industry ...
Banks must prioritise NPP, says Reserve Bank
ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... rolling out the high speed payment system last year. In emails sent by Lowe to the chief executives of ANZ, Commonwealth Bank, Westpac and National Australia Bank last September, he expressed concern at how long it was taking to roll out the high speed ...
IOOF faces class action
KANIKA SOOD  |  MONDAY, 18 MAR 2019
... Scattini was a lawyer at Slater & Gordon in 2010 when the firm worked on getting investors compensation from Commonwealth Bank after Storm Financial collapsed. He is now a partner at Quinn Emanuel and will lead the team working on the IOOF class action ...
Commonwealth Bank delays wealth demerger
JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2019
Commonwealth Bank is delaying its demerger plans for its wealth management and mortgage broking businesses. Announced today, the group said it is prioritising the implementation of the Royal Commission's recommendations, refunding customers and ...
Mortgage broker trail commissions to stay
KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... Australia are settled through 16,000 brokers, Frydenberg said. The channel accounts for almost 40% of all loans at Commonwealth Bank and 55% at ANZ but some banks have shown they don't need to rely on the channel. An example is Bendigo and Adelaide Bank ...
ASIC scolds banks over fee-for-no-service delays
HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... "further review" programs currently underway at six of Australia's largest financial institutions - AMP, ANZ, Commonwealth Bank, Macquarie, NAB and Westpac. According to ASIC commissioner Danielle Press, the institutions have taken too long to conduct ...
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