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30 October 2020 • By Lachlan Maddock • 1 min read

Westpac extends Peter King’s term

Westpac’s top dog will be sticking around a little longer as he leads the bank’s sweeping transformation in the wake of COVID-19 and the AUSTRAC ...

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CFS chair to retire

The chair of Colonial First State has announced that she will retire as CBA prepares to sell its stake in the wealth manager to KKR. Anne Ward will ...

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ING gets new CEO

ING Australia will now be led by the head of its retail bank while the incumbent will be promoted to head of wholesale banking for the Europe, Middle ...

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CBA penalised over increased credit for problem gambler

The Federal Court has ordered CBA to pay a penalty after it deemed the bank breached its responsible lending duties when it approved a credit card ...

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US asset manager makes bid for AMP

The wealth giant has revealed a US-based alternative investment manager has made an offer to acquire 100 per cent of its shares. In a statement to ...

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APRA to clamp down on super spending

The deputy chair of APRA has told a parliamentary committee that the regulator will be pressing super funds with more scrutiny around advertising and ...

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Challenger cops shareholder strike

Shareholders grilled the annuities and investment group on its choice to pay executives short-term bonuses after a deteriorated performance through ...

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Bell Direct boosts high-value client desk

Online trading platform Bell Direct has nabbed two “high-calibre” talents from CommSec One as it looks to expand its own high-value client offering

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T. Rowe Price backs Aussie intermediary with key appointment

Global investment firm T. Rowe Price has strengthened its adviser servicing capabilities across Victoria and Tasmania with the appointment of a new ...

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Westpac settles US class actions

The big four bank has signed agreements to settle two class actions against it in the US, in relation to trading activity and the AUSTRAC fallout

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