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Showing 1 - 10 of 10 results for "Oceania Banking"

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... total credit impairment charges, lifting to $5.73 billion across the banks, up 227.4% from previous period. EY Oceania banking and capital markets leader Tim Dring said the true scale of the damage was hard to quantify, as economic conditions continue ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... decrease of 11.8%. EY found total remediation costs of $1.9 billion across the big banks for the first half of 2019. Oceania banking and capital markets leader at EY, Tim Dring said: "The growth outlook for the Australia's major banks looks increasingly ...

Banks must reshape to survive compliance and technology crunches

DARREN SNYDER  |  TUESDAY, 6 NOV 2018
... to the sector dealing with slower revenue momentum and increased customer remediation and compliance costs. EY Oceania banking and capital markets leader Tim Dring said the results also come at a time when the banks' profits and returns are increasingly ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
... innovation is essential in order to maintain growth and relevance in a rapidly changing competitive environment," EY Oceania banking and capital markets leader Tim Dring said. Dring added the government's plans to introduce an open banking regime by ...

Banks balancing profit and capital adequacy

ALEX BURKE  |  TUESDAY, 8 NOV 2016
... efforts to preserve their current levels of profitability and sustainability of dividends." In a separate report, EY Oceania banking and capital markets leader Tim Dring said the big four banks' wealth returns have generally not met long term expectations ...

Banks face wealth management challenges

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
... equity (ROE) remains a challenge. Presenting EY's analysis of Australian major banks' 2015 full year results, Oceania banking and capital markets leader Tim Dring said the capital intensive nature of wealth operations presents a challenge among some ...

EY appoints Oceania banking and capital markets leader

STAFF WRITER  |  WEDNESDAY, 15 OCT 2014
EY has appointed Melbourne partner Tim Dring to the role of Oceania banking and capital markets leader. Dring has over 20 years' experience in auditing and advising financial services organisations, with a strong emphasis on the retail banking and insurance ...

Life insurance faces worst conditions in decades

LAURA MILLAN  |  TUESDAY, 5 NOV 2013
... indeed the banks' patience in relation to wealth and insurance may well be tested over the next few years," EY's Oceania Banking and Capital Markets Leader Paul Siviour said. EY also forecasted that "the industry will have to deal with the potential ...

FATCA outcome remains unclear

MARK SMITH  |  MONDAY, 21 JAN 2013
... IRS on Australian financial institutions is still uncertain, says Ernst & Young's Paul Siviour. Ernst & Young's Oceania Banking and Capital Markets leader, Paul Siviour said the final regulations, published last week, did however, bring a little more ...

Deposits the battleground for margins

LINDA HAUSKEN  |  THURSDAY, 17 MAY 2012
... cash rate, becoming the 'holy grail' during a period of continuing volatility," said Paul Siviour Ernst & Young's Oceania banking and capital markets leader. "Further complicating the shift in funding, is the customer perception of large profits being ...
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