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Showing 81 - 90 of 207 results for "Retail Banking"

Morrison backs customer-owned banking reforms

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
... "We have four million customers and $108 billion in total assets and we bring an unmatched customer focus to the retail banking market." Dunn urged for a regulatory and legislative framework that accommodates customer-owned banking models, adding the ...

Former NAB risk committee chair joins Wingate

ALEX BURKE  |  MONDAY, 6 NOV 2017
... management. Rizzo has held multiple senior roles in the finance and broader corporate spheres, including head of retail banking at CBA, managing director of ANZ in New Zealand and chief executive of State Bank of Victoria. He was the chair of Foxtel ...

Big four ditch ATM withdrawal fees

ALEX BURKE  |  MONDAY, 25 SEP 2017
... "Australians have complained for some time about being charged fees for using another bank's ATM," CBA group executive, retail banking services Matt Comyn said. "We have been listening to consumer groups and our customers and understand that there's ...

Citi expands Australian wealth business

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... securely via chat, audio and video calls within the Citi mobile app is also due to launch. Head of Asia-Pacific retail banking Gonzalo Luchetti said: "Australia has the third largest pool of high-net-worth individuals in Asia Pacific with more than 230,000 ...

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
... 7.6% to $9.9 billion, corresponding to a slight increase on earnings per share to $5.74. This was mostly driven by retail banking ($4.4 billion) followed by business and private banking ($1.6 billion) and institutional banking and markets ($1.3 billion). ...

Best practice drives Media Super appointments

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2017
... years at First Super, prior to which he held a number of roles at ANZ across group risk, financial governance and retail banking. Commenting on the motive behind the appointments, Media Super chief executive Graeme Russell flagged the importance of both ...

Aussie banks cleared of Wells Fargo-type conduct

EMMA RAPAPORT  |  WEDNESDAY, 2 AUG 2017
... encouraging illegal sales practices by staff and that the banks have processes in place to identify unlawful selling of retail banking products," he said. In late 2016, Wells Fargo was fined US$100 million by United States regulators after it was found ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... protecting consumers against conflicting remuneration structures when purchasing wealth products should be broadened to retail banking consumers as well, according to the Finance Sector Union. Speaking at yesterday's Senate inquiry into consumer protection ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... week. Many multinational banks, while active in the institutional banking market, are increasingly expanding into retail banking either directly or providing funding to third parties, Westpac Group chief financial officer Peter King said. The Bill should ...

CBA backs financial counselling

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... scholarships over the next decade to encourage more people to study financial counselling. CBA group executive of retail banking services Matt Comyn said the partnership is part of the bank's initiative to end domestic and family violence in a generation. ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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