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Showing 981 - 990 of 4760 results for "Banking"

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... regulator will hand over responsibilities to investigate any matters that contravene accountability obligations under the Banking Executive Accountability Regime (BEAR) and standards of fitness and propriety under the Banking Act to ASIC. In November ...

Suncorp nabs business, private banking executive

ALLY SELBY  |  MONDAY, 15 JUN 2020
Suncorp has hired a former business and private banking executive from the Commonwealth Bank, set to guide the group's path towards digitisation and automation. Adam Bennett has nabbed the chief information officer role, and will join Suncorp from July ...

Mirova chief labels ethical investing pledges hollow

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... sustainable response to COVID-19. The letter was signed by Aberdeen Standard, AustralianSuper, Fidelity International, Lloyds Banking Group Pensions Trustees, London Pensions Fund, Scottish Widows Group, Schroders, Nomura, UBS and Man Group among others. ...

Aussie financial firms struggle to manage risk: Study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... organisations face unforeseen consequences. "Risk and compliance functions are undoubtedly under immense pressure following the Banking Royal Commission and now, with COVID-19," Accenture Australia and New Zealand managing director Tales Lopes said. ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... products. A total of 8659 customers were impacted by CBA's conduct on 131,542 occasions during the period, with CBA banking $8,087,276.23 in incorrectly charged fees, interest on loans, and underpaid interest on savings. During the proceedings, CBA ...

MLC Wealth appoints chair

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... experience in wealth management and financial services including superannuation, asset management, retail and private banking and financial advice businesses." Chronican added that MLC is progressing well in its plans to restructure the business as a ...

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
... to benefit from lower costs, Clearstream said, as well as increased efficiency and international standards. Clearstream Banking chief executive and head of investment fund services Philippe Seyll said its Australian offering will benefit both local and ...

Former MLC super boss joins First Sentier

HARRISON WORLEY  |  MONDAY, 1 JUN 2020
... firm aims to fill out its board with independent non-executive directors following its sale to Mitsubishi UFJ Trust and Banking Corporation last year. Tredenick, previously the chief executive of MLC's corporate superannuation business, also served ...

Recruitment lifts as economy reopens

ALLY SELBY  |  MONDAY, 1 JUN 2020
Job ad volumes in banking and finance are up 17% since their COVID-19 lows, with sentiment improving as the Australian economy gradually reopens. That's according to recruitment firm Kaizen Recruitment, who said there has been a backlog of roles ...

Westpac hunts new insto bank chief

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
... new roles overseas. Westpac chief executive Peter King thanked Cobley for her contribution. "Lyn navigated institutional banking during a period of intense global competitive pressures and structural changes across these markets following the global ...