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Showing 1391 - 1400 of 3879 results for "February"

NAB remediation team swells, no executive bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
... chief executive Andrew Thorburn forfeited his deferred variable reward, worth up to $21 million, when he resigned in February. NAB board directors also had their fees cut by 20% following the resignation of chair Ken Henry. NAB will release a remuneration ...

Chi-X forced to be client of competition

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... benefits to separating the clearing and settlements functions within the ASX. The report Somes referred to was published in February this year, in which the IMF stated: "It is recommended that authorities are granted additional powers to support fair ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... 51.7% in October. No big deal given the quantum of increase but a big one given that it marks the strongest reading since February 2017 and is better than market expectations for a dip to 51.0. Not only that, commenting on the China General Manufacturing ...

Advice group chief executive to depart

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... confirmed the resignation of its chief executive Sarah Abood. Abood first took leadership of the privately-owned group in February 2010, following more than 20 years in financial services. Profile confirmed its chair, Peter Coleman, will take over as ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... about Doyle. Still, RI Advice did not apply any enhanced supervision of Doyle, failing to audit any of his files until February 2015 - almost two years after he initially joined. When it did audit his files, the group allowed Doyle to select the files ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... serving as its responsible entity. Many Queensland retirees invested in the fund, including via financial advisers and by February 2008 it had amassed assets worth $700 million. It invested its pool of money in debt assets, extending funds to borrowers ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... and managing director from 2001 to 2015, when the board terminated his employment. Lake filed a claim against GBST in February 2016 alleging the company owed him $2.6 million. GBST filed a counterclaim alleging Lake engaged in insider trading of the ...

Future Fund returns 1.9% for the quarter

KANIKA SOOD  |  MONDAY, 21 OCT 2019
... investment mandate. The Aboriginal and Torres Strait Islander Land and Sea Future Fund ("ATSILS Fund") established in February has returned 1.3% since then. "From 1 October 2019 the ATSILS Fund gained exposure to a diversified portfolio through a co-mingled ...

Hong Kong hedge funds suffering: Report

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... social unrest in the region, which came as a reaction to the extradition bill proposed by the Hong Kong government in February 2019. "The protests, which have continued for months have unnerved the markets for fear of capital outflows, eventually culminating ...

AFCA gets 1450 complaints a week

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... that consumers can contact AFCA with Consumer Data Right complaints. The Consumer Data Right ecosystem will launch in February 2020, with the ACCC announcing participants including 86400, Intuit, Identitii and Money Tree. In its first six months in operation ...