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Showing 1111 - 1120 of 2619 results for "Employees"

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... parties with an opposite exposure to the security. CBA disputed the allegations in late February. "We do not believe our employees have engaged in unlawful conduct, nor have they done anything that would have adversely impacted the efficiency and integrity ...

QIC expands executive team, bolsters US footprint

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... relationships and business opportunities in the US. With the US becoming QIC's second largest market in terms of both employees and assets, Delaney's role will be crucial in growing networks, particularly building QIC's brand and reputation and raise ...

Fees for no service an old issue: AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... for no service. The board commissioned the report on 5 June 2017. It entailed interviews with 27 current and former employees, and a review of documents, AMP said. "The report is an uncompromisingly direct 87-page review of the conduct of the advice ...

Pension funds must recognise stewardship licence: WTW

DARREN SNYDER  |  TUESDAY, 1 MAY 2018
... sovereign wealth funds with about $4 trillion in assets under management. These organisations ranged from 30 full-time employees to 550 FTEs. WTW director, investments Australia, Martin Goss opened the Ideas Exchange and said the development and growth ...

"Collegiality" hinders appointments of female executives

KANIKA SOOD  |  MONDAY, 30 APR 2018
... company boards tend to gravitate towards candidates whom they know - a situation which hinders the selection of female employees to male-dominated boards, according to a new survey from the 30% Club. Only 6.5% of the boards seek outside advice - from ...

Brenner leaves AMP

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
... deeply disappointed by the issues at hand and am particularly concerned for the impact they have had on our customers, employees, advisers and shareholders," Brenner said. "As chair, I am accountable for governance. I have always sought to act in the ...

Royal Commission invite refused by Dover

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... Ombudsman Service. Reading the piece, Costello said: "FOS is unique, in that inexperienced and unqualified non-professional employees form opinions on what experienced and qualified professionals should have done, with the benefits of plenty of time ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... restructuring costs, primarily related to staggered job cuts over the next three years. It announced in November 2017 that 6000 employees will be made redundant in place of 2000 newly created roles. NAB, which is also fronting the Royal Commission, did ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
... Financial Planning general manager Tim Steele which suggested NAB had since identified "a number of instances of NAB employees incorrectly witnessing statements." Steele found employees thought such behaviour was "common practice and acceptable," both ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... superannuation arrangement with AMP. Since the closure of the Australia Post Superannuation Scheme in 2013, all new employees of Australia Post that fail to nominate a super fund are placed into a default fund managed by AMP. CWU divisional secretary ...