Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1021 - 1030 of 2925 results for "Phil"

NAB remediation bill hits $1.1bn

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2019
National Australia Bank has set aside an additional $525 million for customer remediation, more than 90% of which is in relation to its wealth operations. The total owing is now estimated at more than $1.1 billion. Announced today, the $525 million ...

Powerwrap makes a move on IPO

KANIKA SOOD  |  FRIDAY, 5 APR 2019
... institutions, high-net-worths and even clients. The IPO brings 100 new investors into the fold, including about 10 small cap funds. Phil King's Regal Funds Management which was previously an investor has invested in the IPO. "The decision to list ...

Pinnacle partners with former Blue Sky executives

KANIKA SOOD  |  THURSDAY, 4 APR 2019
... finally withdrawing the offer later that month. Agricultural assets have been increasingly attractive to investment firms. Phil King's Regal Funds Management recently took a stake in farmland and water rights manager Kilter Rural. Multi-affiliate ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
National Australia Bank chief executive Philip Chronican has acknowledged the institution needs to go to great lengths to repay customers. In his opening statement to the House of Representatives Standing Committee on Economics, Chronican began by saying ...

New board directors at Future Generation

KANIKA SOOD  |  FRIDAY, 29 MAR 2019
The $480 million LIC founded by Geoff Wilson that donates a portion of its net assets to charity every year has added two new board directors. Deloitte Partner Stephanie Lai and UBS managing director and head of marketing and corporate communications ...

Big banks, super funds join forces for sustainability

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... executive David Atkin; Principles for Responsible Investment APAC director Matthew McAdam; Australian Ethical managing director Phil Vernon; and Pendal Group chief executive Richard Branweiner. The announcement of this new initiative comes after Reserve ...

NAB ends introducer payments

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
National Australia Bank will no longer make referral payments to introducers. NAB chief executive Philip Chronican said ending "introducer" payments was part of NAB's ongoing efforts to be a better bank following the Royal Commission. He said: "Through ...

Top staff at Regal get equity

KANIKA SOOD  |  FRIDAY, 22 MAR 2019
Regal Funds Management's key people have just acquired equity stakes in the boutique for the first time, after Phil King's family bought back a 30% stake from Ascalon. The King Family trust took 100% ownership of the boutique in October. As ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
The Reserve Bank of Australia (RBA) may not even need to acquiesce to mounting consensus expectations for at least one interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate ...

Australian Unity creates new partnerships role

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
Australian Unity Trustees has recruited from Equity Trustees to fill the newly-created position of head of partnerships. Sally Fenemor is taking on the new role, joining from Equity Trustees where she was most recently national business development ...