Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 359 results for "Credit card"

Citi names global chief executive

KARREN VERGARA  |  MONDAY, 14 SEP 2020
Citi has appointed Jane Fraser to the role of chief executive as the incumbent retires after nearly four decades with the firm. Michael Corbat has been at the helm for the last eight years and will step down from official duties in February of 2021. ...

ASIC restrains Mawhinney

ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
ASIC has been granted interim orders against Mayfair 101 founder James Mawhinney which will stop him siphoning any money out of Australia. The orders also restrain Mawhinney from advertising or promoting any financial product, meaning his work with ...

Law firm summarises report AMP won't release

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... "bitch". The document deemed these comments minor harassment. The report found Pahari did give Szlakowski his personal credit card to buy drinks and did ask her to communicate with him on WhatsApp. It also found Pahari's friends made inappropriate comments ...

Law firm demands Pahari documents from AMP

ELIZABETH MCARTHUR  |  THURSDAY, 20 AUG 2020
... behaviour," Bornstein said. "Similarly, the investigation accepted that Mr Pahari gave Ms Szlakowski his personal credit card, asked her to communicate with him via WhatsApp while at a private club in the early hours of the morning, but again concluded ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
Kogan's super offering launched last year has seen a 40% rise in funds under management, according to the online retailer's financial results. Kogan said in its results that the launch of its superannuation offering had been successful. Kogan Super ...

Ponzi scheme allegations levelled at Mayfair 101

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
In court documents, ASIC alleged that Mayfair 101's launch of Australian Property Bonds was a last ditch effort by the embattled wealth manager to set up a Ponzi-like scheme. ASIC expressed concerns that Mayfair 101 founder and managing director James ...

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use. Graeme Walter Miller of Myocum, New South Wales was sentenced on July 31 after pleading guilty to ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
ASIC has announced it has secured $160 million in remediation for consumers sold junk credit insurance from 11 major banks and lenders between 2011 and 2018. These include offerings from ANZ, Australian Central Credit Union, Bank of Queensland, Bendigo ...

Former financial adviser permanently banned

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... Gibbs' offences saw the former adviser use around $5 million of client funds to prop up his own business, pay off his credit card debts and gamble. His clients trusted him with the operation of their self-managed superannuation funds, and in some cases ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... other economic situations," Comyn said at an online event. The revision comes as CBA boosts support for home loan and credit card customers impacted by the pandemic. CBA will make payments to support customers who have been granted a six-month deferral ...