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Showing 801 - 810 of 17945 results for "Bank"

ASX appoints interim chief risk officer

MATTHEW WAI  |  MONDAY, 18 NOV 2024
... extensive experience in financial service in Australia and the US, she was most recently the chief risk officer at Suncorp Bank for over two years, overseeing risks across the bank's governance and management matters. She was simultaneously the director ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
The Australian Securities and Investments Commission (ASIC) has filed proceedings against National Australia Bank (NAB) in the Federal Court. ASIC alleges NAB failed 345 of its customers at their most vulnerable when they applied for hardship support ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
Fintech firm elemnta has released new research looking at data-related challenges impacting Australia's wealth management sector. The research highlights data fragmentation and lack of standardisation as the primary hurdles preventing scalable ...

Cbus appoints head of advice

ELIZABETH FRY  |  FRIDAY, 15 NOV 2024
... strategy and super regulation. King also brings financial advice and leadership experience from 16 years at National Australia Bank, and as head of financial advice at IOOF Holdings and at MLC. The industry fund's deputy chief executive and chief ...

Size of super industry on ASIC's radar

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... potential risks to financial stability as the superannuation sector grows. Questioned on her thoughts around the recent Reserve Bank of Australia (RBA) report which stated that the central bank was concerned about the risks the super system poses to ...

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA  |  THURSDAY, 14 NOV 2024
Fair Work Australia's (FWA) recent ruling in favour of a Philippines-based worker to bring an unfair dismissal case against the former employer could serve as a warning for financial services firms who rely on offshoring, as the corporate regulator ...

Property 'well-placed' for growth: Knight Frank

MATTHEW WAI  |  THURSDAY, 14 NOV 2024
... Melbourne," Burston added. Despite the positive outlook, investors need to be acutely aware with the movement from the Reserve Bank of Australia (RBA), stating the strength of the recovery will depend upon the path of interest rates. "However, investors ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... Michelle Marquardt said this was the first time annual wage growth had fallen below 4% since the June 2023 quarter. Commonwealth Bank senior economist Stephen Wu said the reading was softer than what the Reserve Bank of Australia (RBA) was expecting. ...

Capital Group names managing director for APAC

MATTHEW WAI  |  WEDNESDAY, 13 NOV 2024
Marketa Dvorak has commenced as managing director, global financial institutions (GFI) in Asia Pacific at Capital Group. Based in Singapore, Dvorak was most recently the head of southeast Asia for Wellington Management for eight years and was instrumental ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Commonwealth Bank (CBA) chief executive Matt Comyn painted a positive picture for the Australian economy, despite ongoing cost-of-living pressures. Comyn said high interest rates are doing the job of bringing inflation under control, but the pace of ...