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Showing 81 - 90 of 478 results for "Australian Bank"

Banking sector losses continue

ELIZA BAVIN | THURSDAY, 23 JAN 2020

Australian banks continue to take a beating, with all of the Big Four losing brand value, according to a report from Brand Finance Australia. The report said the hit comes as the delayed effects of the global economic slowdown are being felt around ...

Westpac appoints new chair

ELIZA BAVIN | THURSDAY, 23 JAN 2020

Westpac has appointed John McFarlane to the board as non-executive director and chair-elect, set to replace Lindsay Maxsted on 2 April 2020. McFarlane has over 44 years' experience in the financial services industry both in Australia and internationally ...

Fix gaps in AFCA remit: Creevey Russell

ELIZABETH MCARTHUR | MONDAY, 9 DEC 2019

Creevey Russell principle Dan Creevey is calling on the government to urgently fix gaps in reforms made to the Australian Financial Complaints Authority, with certain groups at risk. As part of the reforms following the Royal Commission, changes were ...

CBA chief tasked with rebuilding banking

ALLY SELBY | WEDNESDAY, 4 DEC 2019

Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...

Planners can prevent financial abuse

ELIZABETH MCARTHUR | FRIDAY, 29 NOV 2019

At the FPA Professionals Congress speakers who specialise in protecting vulnerable, elderly and disabled people from financial abuse shared how planners can be part of the solution. Anne McGowan, chief executive of Protecting Seniors Wealth, started ...

FS Roundtable: Striking the perfect balance

KARREN VERGARA | THURSDAY, 14 NOV 2019

The current climate is pushing the importance of asset allocation to the forefront of building robust portfolios, prompting investment experts to think outside the box of traditional assets. Karren Vergara writes. The importance of making the right ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR | TUESDAY, 15 OCT 2019

ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes. The regulator said disclosures have been assumed to inform consumers to make ...

ACCC to probe rate cut decisions

HARRISON WORLEY | MONDAY, 14 OCT 2019

The Australian Competition and Consumer Commission (ACCC) has been directed by the government to immediately establish an inquiry into the behaviour of Australia's banks when it comes to passing on interest rate cuts. Announcing the inquiry on this ...

Culture change must not be a fad: APRA

HARRISON WORLEY | FRIDAY, 11 OCT 2019

APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG | THURSDAY, 26 SEP 2019

Recent headlines underscore what Financial Standard had been ranting about months before. Those rants include The general economic uncertainty wouldn't be sufficient to prod businesses and consumers to invest and spend, even if interest rates were ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

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