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| | | A former NAB associate director of institutional banking has been appointed the chief executive at Melbourne-based IPO Wealth. Ewan Laughlin has about 28 years of experience across institutional banking and corporate finance. In his most recent role ... |
| | | | ... week. The regulator also banned Matthew Geappen of Hobart for five years for life insurance churning. While authorised by CBA's Financial Wisdom, Geappen was found to have advised clients to switch from one insurance product to another, allowing him ... |
| | | | ... management (life insurance and retail advice) and banking spread in Australian and Asian markets. He has held roles at NAB, CBA, IOOF and AXA. He will relocate to Sydney for the role. Nunn replaces MetLife chief financial officer Vince Watt who has been ... |
| | | | ... sell a German 10-year bund," he said. "If you go to a barbecue in Australia, the chat will be if you should buy BHP shares or CBA." The boutique's initial strategy has focused on high-grade sovereign bonds backed by governments with a credit rating ... |
| | | | ... Essential Super Employer returned 6% p.a. and Mercer SmartPath delivered 5.9% p.a. Colonial First State is set to demerge from CBA alongside Count Financial, Financial Wisdom, Aussie Home Loans and CBA's minority shareholdings in ASX-listed CountPlus ... |
| | | | ... the pie, administering about with $157 billion in FUM (18% of the $860 billion market). It is followed by AMP Group (17.4%), CBA (14.9%), NAB (13.8%), Macquarie(10.1%), ANZ Wealth (4.7%) and IOOF (4.2%). Mercer, Netwealth and tateplus each have less ... |
| | | | ... spokesperson for Commonwealth Bank confirmed Ed Box has left the licensee to pursue a retail banking opportunity outside of CBA Group. Hugh Humphrey, CBA executive general manager of advice, has appointed Michael Spurr as interim general manager. Spurr ... |
| | | | ... Alipay on its EFTPOS devices in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB which announced a pilot in November with an early ... |
| | | | ... to overhaul the bank that was "once great" under his leadership, but flagged there might be "missteps" along the way. The CBA boss, who was appointed to lead the bank in January this year, said he didn't underestimate the magnitude of turning the bank's ... |
| | | | ... superannuation and investment products across the wider industry and believe a legislative approach should be considered," CBA Wealth Management chief operating officer Michael Venter said. NAB has also announced that NAB Financial Planning and NAB Direct ... |
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