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Search ResultsShowing 1 - 10 of 100+ results for "Citi"
Junk insurance lands Westpac in court
KARREN VERGARA  |  THURSDAY, 8 APR 2021
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...
Vanguard targeted in bond fund scam
KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... prospectus designed to convince victims to purchase non-existent investment products," Vanguard said in a statement. Previously Citi and IFM Investors had fake prospectuses of bond funds circulated in their names. The Australian Securities and Investment ...
Mercer creates new sales, strategy roles
ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... Brodrick joins from Deloitte, commencing her role at Mercer in April. She has previously held senior roles at ANZ, EY and Citi. Yesterday Mercer made three appointments to the boards of its investments and superannuation businesses , including the former ...
Chief economist update: Too much of a good thing could be a bad thing
BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
Healthier consumers are happier consumers are spending consumers. US consumer confidence has rebounded to its highest level since the onset of the pandemic in America in March last year. This is hardly surprising with cases of coronavirus infections ...
Kelly O'Dwyer joins EQT board
KANIKA SOOD  |  MONDAY, 29 MAR 2021
The former minister for revenue and financial services Kelly O'Dwyer is joining Equity Trustees' board as a non-executive director. O'Dwyer joins the board as Jim Minto steps down after four years. Minto was also the deputy chair of the ...
Investment bonds a good alternative to Wills: GDG
KANIKA SOOD  |  FRIDAY, 26 MAR 2021
Investment bonds are the second-most effective investment solution after superannuation, and a good alternative to Wills, according to Generation Life senior distribution manager Laura Salsbury. Speaking at Financial Standard 's first Technical ...
Chief economist update: Powell said, Yellen said
BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
The monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World . In his testimony, Federal Reserve chair ...
COVID-19 spurs robo-advice demand
KARREN VERGARA  |  TUESDAY, 23 MAR 2021
The global pandemic has not only changed the way consumers buy goods and services, but also spurred stronger demand for robo-advice to help improve their financial wellbeing, a new survey finds. Software firm Oracle's Money and Machines 2021 report ...
AFCA left toothless on Mayfair complaints
ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
Mayfair 101 investors who have had their life savings frozen amid ASIC's proceedings have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA). A spokesperson for AFCA told ...
Frontier hires from Cbus
KANIKA SOOD  |  WEDNESDAY, 17 MAR 2021
Frontier has hired a senior portfolio manager from Cbus to lead its alternatives and derivatives team. Scott Pappas was most recently at Cbus as a senior portfolio manager in absolute return strategies. Prior to this, he worked as a part of Vanguard's ...
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