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Showing 1 - 10 of 66 results for "Personal Bank"

Gen Zs now 'loud budgeting': Research

CHLOE WALKER  |  MONDAY, 22 JAN 2024
Research by NAB shows Gen Z is embracing the latest TikTok trend and cutting back on their spending, saving an average of $450 a month. New NAB Economics consumer sentiment data has revealed more than half (56%) of Gen Z and younger Australians are ...

ASIC bans former risk adviser

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... 12 February 2021, Durant instructed clients to deposit money, intended as payment of insurance premiums, into his personal bank account or Assurance Corp's business account, and not into an IAA client monies account as was required by law. Further ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
... Silver pleaded guilty to misappropriating $1.815 million from the scheme companies by transferring funds to his personal bank account, making payments to company employees and paying returns to other investors. Many of the investors were pensioners and ...

Carolyn Colley joins Milford board

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
Industry veteran Carolyn Colley has joined the board of New Zealand-based investment firm Milford Asset Management. Colley has been appointed to Milford Asset Management's board as a director, bringing more than 30 years of Australian financial services ...

AAT dismisses adviser ban appeal

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
... banned from the industry in 2017 after an ASIC investigation found that he funneled clients' advice fees into his personal bank account and then deducted platform and financial product fees to repay RI Advice. The Administrative Appeals Tribunal ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... of people, some of whom were clients. "No client accounts were breached. The lenders transferred money from their personal bank accounts to his personal bank account," he said. "In almost all of the cases we have seen, he had signed loan agreements in ...

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
The corporate regulator has taken NAB to the Federal Court, alleging the bank wrongly charged customers fees for at least 12 years. The regulator yesterday filed initial documents with the Federal Court's Queensland registry, seeking orders that NAB ...

Citi names client director from within

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
Citi Australia's wealth management business has appointed a banking vice president to the newly created role of client director. Kan Liu has spent over a decade at Citi specialising in fixed income and foreign exchange solutions for clients. He originally ...

NAB hires new executive

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
Westpac's chief information officer has jumped ship to take up the same role at NAB. NAB told Industry Moves it has appointed Anastasia Cammaroto as chief information officer, personal banking, within the NAB technology and enterprise operations ...

HSBC wealth lead lands chief executive role

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
HSBC's global chief executive of wealth and personal banking has scored the top job at a major financial services group. Charlie Nunn will become the group chief executive and executive director of Lloyds Banking Group, overseeing brands such as ...
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