Search ResultsShowing 1 - 10 of 100+ results for "National Australia Bank"
Macquarie axes SMSF residential property loans
ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... offering SMSF lending for residential property, amid regulatory concerns and falling property prices. National Australia Bank stopped offering SMSF loans for residential property in 2015. Banks have phased out these limited recourse borrowing ...
Banks must prioritise NPP, says Reserve Bank
ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... last year. In emails sent by Lowe to the chief executives of ANZ, Commonwealth Bank, Westpac and National Australia Bank last September, he expressed concern at how long it was taking to roll out the high speed payment system, saying: "The ...
NAB agrees to RC wealth recommendations
HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
National Australia Bank agreed to all of the Royal Commission's recommendations directly relating to the wealth management industry. Releasing its full response to Commissioner Hayne's 76 suggested changes to Australia's financial services ...
NAB announces executive departure
ELIZABETH MCARTHUR  |  WEDNESDAY, 13 MAR 2019
National Australia Bank's chief people officer is leaving the organisation. Lorraine Murphy has resigned as chief people officer at NAB. Murphy joined NAB in March 2016 and has 20 years' experience across multiple industries. The role will be ...
New NAB chair seeks to ease shareholders
JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
National Australia Bank's newly elected chair and interim chief executive has moved to reassure shareholders of his priorities going forward, including ongoing changes to executive remuneration following criticism. In a letter to NAB shareholders ...
NAB names new chair
JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2019
The new chair of National Australia Bank has been named as the hunt for a new chief executive continues. Current NAB director Philip Chronican will replace Ken Henry as chair of the board later in 2019. Chronican is currently serving as interim ...
Westpac mulls sale of in-house planners
JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... the spokesperson added. In the past two years, three major banks­ - ANZ, Commonwealth Bank and National Australia Bank - announced plans to divest wealth management arms. In November last year, Westpac chief executive Brian Hartzer also said ...
NAB chief executive and chair exit
KARREN VERGARA  |  THURSDAY, 7 FEB 2019
National Australia Bank chief executive Andrew Thorburn and chair Ken Henry announced they will exit the bank. Thorburn's last day is on 28 February 2019, while Henry will retire from the board once a permanent chief executive is appointed. ...
NAB signals more bad advice remediation
KARREN VERGARA  |  THURSDAY, 1 NOV 2018
Among its FY18 results, National Australia Bank flagged that bad advice and fees for no service remediation will continue to dampen its future financial performance. Numerous contingent liabilities and potentially paying out more compensation ...
NAB cuts bonuses for executives
KANIKA SOOD  |  WEDNESDAY, 19 SEP 2018
National Australia Bank chief executive Andrew Thorburn will be paid 11% less than last year if the banking group's performance is at target, following a revamp of NAB's executive pay structure. National Australia Bank chief executive Andrew ...
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