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Showing 801 - 810 of 1917 results for "Lendi"

ING investment in digital to see 5800 job cuts

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
ING Group has announced it will be cutting 5800 jobs in Europe as the bank seeks to reduce costs and invest further in its digital transformation. Speaking at the ING Group Investor Day in Amsterdam, chief executive Ralph Hamers announced an investment ...

Industry heavyweights back listed venture fund

MARK SMITH  |  THURSDAY, 29 SEP 2016
Some of the industry's best-known entrepreneurs have thrown their weight behind a new listed investment fund which aims to provide funding for early and growth stage fintech start-ups. H2Ocean, the latest brainchild of H2 Ventures founders Ben and Toby ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2016
US consumer confidence The Conference Board's consumer confidence index jumped to 104.1 in September from an upwardly revised 101.8 in the previous month. This is better than consensus expectations for a dip to 99.0 and is the highest level since the ...

CBA pays $180,000 in penalties

ALEX BURKE  |  WEDNESDAY, 14 SEP 2016
Commonwealth Bank will pay $180,000 in penalties and write off $2.5 million in loan balances, following an internal review. The penalties will be paid following breaches of responsible lending laws in relation to overdraft facilities; CBA reported these ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 SEP 2016
Australia lending finance Data from the Australian Bureau of Statistics (ABS) showed a sharp 9.0% increase in the total value commercial finance commitments in July, more than reversing the 8.2% drop in the previous month. The increase was driven by ...

Kina appoints Suncorp vet as director

ALEX BURKE  |  MONDAY, 12 SEP 2016
Kina Securities has appointed a new non-executive director. Karen Smith-Pomeroy joins Kina while serving as a non-executive director of Queensland Treasury Corporation, Stanwell Corporation, InFocus Wealth Management and the National Affordable Housing ...

Westpac tops S&P ESG index

ALEX BURKE  |  MONDAY, 12 SEP 2016
Westpac has been determined the financial services industry leader in the S&P Dow Jones global sustainability benchmark. The S&P Dow Jones Sustainability Indices annual review, developed in partnership with RobecoSAM, showed that Westpac comfortably ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 SEP 2016
US consumer credit Total US consumer credit went up by US$17.7 billion in July, stronger than the previous month's US14.5 billion increase and more than market expectations for a US$15.6 billion rise. Non-revolving credit - i.e. car and student loans ...

Good financial advice a challenge: ASIC

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
ASIC has published its Corporate Plan for 2016-17, which notes the industry still faces challenges in providing "good quality" financial advice. The Corporate Plan outlines ASIC's vision to "allow markets to fund the economy, and in turn, economic growth. ...

Future Fund ahead of target on tenth birthday

MARK SMITH  |  THURSDAY, 1 SEP 2016
The Future Fund has celebrated its tenth anniversary by passing a significant funds under management milestone after achieving ahead of target performance numbers. At 30 June the flagship Future Fund reached $122.8 billion in funds under management ...