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Showing 1251 - 1260 of 2997 results for "February 11"

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. Philip ...

NAB calls trading halt

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
NAB shares have been placed in a trading halt pending the announcement of leadership changes, the bank announced to the ASX this afternoon. NAB said it wants the trading halt to remain until it makes the announcement. It would lift either at the commencement ...

AFCA appoints new ombudsman

DARREN SNYDER  |  THURSDAY, 7 FEB 2019
The Australian Financial Complaints Authority will soon welcome its newest ombudsman, an appointment that will be dedicated to resolving disputes for small businesses including financial services firms. Joining AFCA from February 12 is Geoff Browne. ...

Freedom Insurance suspends trading

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
Freedom Insurance Group has requested the ASX to suspend its shares indefinitely. Freedom first requested a trading halt on February 5 based on a "pending announcement providing a material update on the financial position of Freedom and its subsidiaries." ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
Say what? "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target is expected, although this progress is likely to be gradual. Taking account of ...

Sequoia chief resigns

KARREN VERGARA  |  TUESDAY, 5 FEB 2019
Sequoia Financial Group's chief executive and managing director Scott Beeton is bidding farewell after nine years with the company. Beeton has also resigned as a director of the group effective February 4. In November 2018, Beeton flagged he would transition ...

Bill Gross announces retirement

JAMIE WILLIAMSON  |  TUESDAY, 5 FEB 2019
After more than 40 years in fixed income, Bill Gross is retiring to focus on managing his personal assets and private charitable foundation. Janus Henderson has announced the retirement of Gross, who joined the global asset manager in 2014, then Janus ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
A former financial adviser is facing a lengthy jail term after pleading guilty to the theft of close to $5 million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with ...

Yarra Capital adds to investment team

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
The boutique has hired an AustralianSuper analyst after it took over the management of UBS's Australian equities funds last year. Olivia Dalton started at Yarra Capital Management two weeks ago. She will cover industrial stocks, working alongside ...

Global Financial Innovation Network launches

KARREN VERGARA  |  FRIDAY, 1 FEB 2019
ASIC is helping launch the Global Financial Innovation Network, a group of financial regulators that aim to promote financial innovation across borders. ASIC is part of GFIN, which supports cross-border testing of innovative businesses. In floating ...