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Showing 991 - 1000 of 2737 results for "Shareholders"

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... bank swiftly makes good on recommendations from the Hayne Royal Commission. ANZ chief executive Shayne Elliot told shareholders at the bank's annual general meeting in Brisbane on Tuesday that the bank was working "as fast as we can" to enact the Commission's ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
Westpac has confirmed it was served with a class action on behalf of shareholders in relation to the AUSTRAC investigation. The class action has been filed by Phi Finney McDonald. The claim relates to market disclosure issues connected to Westpac's ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... the damage uncovered by Hayne - they are now unwinding their wealth and insurance divisions at great cost to their shareholders, industry and the tax payer," Daniels said. He added that the greatest cost will be borne by consumers who will have to pay ...

ASIC drags NAB to court for fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... exploring it in some depth. We have our lawyers poring through the information at the moment and we will be keeping our shareholders fully informed as and when we understand more. "This is something that will need to go to court for adjudication, so ...

Advice group appoints director

ALLY SELBY  |  TUESDAY, 17 DEC 2019
... said Beard will bring a wealth of experience to the board. Beard "brings extensive experience in delivering value to shareholders across a broad spectrum of industries and stages of company growth," he said. "We are very pleased to have [Beard] join ...

YouTube fundie name erased from flagship

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... and their approach, having worked closely with them during the transition. The board and I look forward to keeping shareholders updated as Schroders gets started as our new portfolio manager." Schroders will not take a management fee for three months ...

Thousands exit Westpac raise

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... five days leading up to - and including - December 2. According to Westpac, around 40,900 of the 618,300 eligible shareholders offered to participate in the share placement plan took up the offer, representing a participation rate of roughly 7%. Westpac ...

Platform appoints TPB director

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 DEC 2019
... the board looks forward to her contribution for the mutual benefit of the Xplore Wealth business, its clients and shareholders." Berry was a financial adviser who ran her own practice for over a decade before retiring from full-time work in 2018. She ...

Fee cuts at super fund

KANIKA SOOD  |  MONDAY, 2 DEC 2019
... $56 million in assets under management. "We have always said that we will share the benefits of our growth with our shareholders but also with our customers. It is also to be more competitive," chair and acting chief executive Steve Gibbs told Financial ...

Brian Hartzer steps down from Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... issues raised by AUSTRAC," Maxstead said. "As was appropriate, we sought feedback from all our stakeholders including shareholders and having done so it became clear that board and management changes were in the best interest of the bank." A global search ...