Search ResultsShowing 1 - 10 of 100+ results for "NAB"
ASIC flags post-RC criminal prosecutions
JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... studies to determine whether an investigation is required. This is in addition to the actions already commenced against NAB's Nulis and MLC, as well as Dover Financial Advisers and Terry McMaster. Aside from the Royal Commission case studies ...
NAB chief executive exit package revealed
JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
Andrew Thorburn will walk away with more than $1 million when he exits NAB at the end of the month. Confirming the arrangements today, NAB said outgoing chief executive Andrew Thorburn will be paid $1,041,449 in lieu 26 weeks' notice, when he ...
Qantas Super chair steps down
KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... MYOB Group and Zoos Victoria. Prior to becoming a professional director, she was a commercial lawyer for 28 years and was NAB's general counsel for Australia between December 2005 and February 2011. The board named two new members as ...
NAB most distrusted bank in Australia
KANIKA SOOD  |  FRIDAY, 15 FEB 2019
NAB emerged as the most distrusted bank brand in a Roy Morgan survey conducted after the financial services Royal Commission handed down its final report and NAB bosses resigned. In January, Commonwealth Bank had the lowest trust score but after ...
Future Fund delivers 5.8%
KANIKA SOOD  |  MONDAY, 11 FEB 2019
... a capital contribution of $2bn transferred from the Aboriginal and Torres Strait Islander Land Account. Commenting on NAB's executive leadership shakeup after the financial services Royal Commission's final report, Costello said the ...
NAB wealth exit delayed
HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
The bank's separation from MLC is likely to be delayed. NAB said it was likely the planned divestment of its wealth management arm MLC would be delayed as far as June 2020. The bank said that while more detail was yet to arrive about the proposed ...
NAB chief executive and chair exit
KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... I spoke with the Board and offered to step down as CEO, and they have accepted my offer," he added. Thorburn joined NAB in 2005 as head of retail banking before becoming chief executive and managing director of BNZ three years later. He was ...
NAB calls trading halt
KARREN VERGARA  |  THURSDAY, 7 FEB 2019
NAB shares have been placed in a trading halt pending the announcement of leadership changes, the bank announced to the ASX this afternoon. NAB said it wants the trading halt to remain until it makes the announcement. It would lift either at the ...
Institutions respond to Royal Commission, make commitments
HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... aware of the size and nature of the tasks that lie ahead of CBA," Hayne said. However, praise was not reserved for all. NAB was called out for the performances of chief executive Andrew Thorburn and chair Dr Ken Henry during the final round of ...
ASIC enforcement must get tough: Commissioner
KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... CBA just days before the Royal Commission public hearings kicked off last year, and commenced civil proceedings against NAB/NULIS Nominees in September. "Despite ASIC's investigation, the evidence led in the Commission showed that some entities ...
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