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Showing 1011 - 1020 of 4870 results for "DIVI"

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Mainstream BPO is due to pay $5.1 million as part of a confidential settlement agreement affecting its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
The woes of Crown Resorts seem far from over, and now scrutiny has turned to executive chair Helen Coonan - with some suggesting she should resign from AFCA before her term as chair ends in May. Today Crown announced that Coonan will be paid an extra ...

Iress names chair, profit slides

ANNABELLE DICKSON  |  THURSDAY, 18 FEB 2021
The chair of the financial software provider will step down and the chair of Webjet will take his place. Tony D'Aloisio will step down as chair following the company's annual general meeting in May, having spent over six years in the position. Roger ...

Fiducian profit, growth jump

ANNABELLE DICKSON  |  MONDAY, 15 FEB 2021
ASX-listed Fiducian Group recorded a 7% increase in net profit to $5.7 million and a steady rise in funds under management, advice and administration (FUMAA) in its half-year results. The group which includes funds management, financial advice and corporate ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
"Never ask a barber if you need a haircut," Warren Buffett once famously advised. The barber's nod will invariably be met with opposition from shampoo manufacturers. Such is the divide between the Morrison government (the barber) and labour unions ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
Six of Australia's largest banks have paid or offered a total of $1.24 billion in compensation to customers, according to new ASIC figures. The funds have been returned to customers who suffered loss or detriment due to fees for no service misconduct ...

Perpetual bolsters distribution team

ELIZABETH MCARTHUR  |  THURSDAY, 11 FEB 2021
Perpetual has made three key hires to its distribution team as part of a global strategy across its asset management divisions. Ben Daly has been appointed director of institutional business for Perpetual Asset Management in Australia. He joins from ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
Magellan reported a small increase in its net profits, despite a 70% drop in performance fees and a stronger Australian dollar. Net profit after tax for the six months ending December 2020 was $202 million, up 3% from the same period in 2019. Total ...

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
The Australian Securities Exchange (ASX) has recorded a fall in profit in its half-year results and has replaced its chair following the retirement of its incumbent. Net profit after tax dropped 3.4% to $241.8 million and net interest income down 39.5% ...

NAB hires new executive

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
Westpac's chief information officer has jumped ship to take up the same role at NAB. NAB told Industry Moves it has appointed Anastasia Cammaroto as chief information officer, personal banking, within the NAB technology and enterprise operations ...