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

Search Results

Showing 1391 - 1400 of 2707 results for "NAB"

Chief economist joins Sunsuper

ALEX BURKE  |  FRIDAY, 22 MAY 2015
Sunsuper has appointed a new chief economist. Brian Parker joins the $32 billion super fund from NAB Asset Management, where he was head of portfolio specialists. He has also held positions at MLC Investment Management, Citigroup Asset Management, Rothschild ...

Lawyer slams NAB compensation scheme

LAURA MILLAN  |  FRIDAY, 22 MAY 2015
National Australia Bank (NAB)'s program to compensate victims of bad financial advice lacks independence and does not go far enough, a lawyer representing some of the victims said. Shine Lawyers financial negligence solicitor Sasha Ivantsoff spoke to ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
National Australia Bank (NAB) has upgraded the compensation program for victims of bad advice with the appointment of a consumer advocate. University of NSW professor of Law Dimity Kingsford Smith will act as a consumer advocate within NAB Wealth's ...

NAS adds Vision Super to lending program

DARREN SNYDER  |  MONDAY, 18 MAY 2015
... growing in line with the company's respective businesses and he looked forward to more of the same in the years ahead. Part of NAB's product and markets business, NAS is the largest custodian in the Australian market with $692 billion in assets under ...

Aussie banks overpriced, undercapitalised: Perpetual

LAURA MILLAN  |  THURSDAY, 14 MAY 2015
... assets) at 13.4% and Spain's BBVA at 12.7%, while National Australia Bank's was at 8.8% prior to the capital raise last week. NAB's raising "reflects the fact that Australian banks are late to the party in raising their capital levels, with global banks ...

NAS retains Cooper Investors custody

ALEX BURKE  |  WEDNESDAY, 13 MAY 2015
NAB Asset Servicing will retain custodial services for global and Australian equities fund manager Cooper Investors for another three years. The manager has roughly $10 billion in funds under management and has appointed NAS as its custodian since 2004. ...

Goldman ordered to pay $100m to NAB

STAFF WRITER  |  TUESDAY, 12 MAY 2015
... claim arose out of a deal which carried "a significant conflict of interest" between Goldman Sachs and its clients. In 2006, NAB invested $80 million in a Goldman collateralised-debt obligation called Hudson Mezzanine Funding 2006-1. A 2011 US Senate ...

Budget for uncertainty

BENJAMIN ONG  |  TUESDAY, 12 MAY 2015
... mere 0.01% to 2.85% on the day but down from its most recent high of 2.99% (7 May). In terms of economic data, 'twas only the NAB business survey that the domestic bourse had to react to, then again, the April update was hardly earth-shattering -- business ...

ACSA appoints NAB manager as chair

ALEX BURKE  |  MONDAY, 11 MAY 2015
The Australian Custodial Services Association (ACSA) has appointed a new chair. NAB Asset Servicing (NAS) general manager of client delivery David Knights will take the ACSA position, effective immediately, in addition to maintaining his role at NAB. ...

Market wrap

AAP  |  FRIDAY, 8 MAY 2015
... $80.56 after lifting its full year profit 27 per cent, to $1.6 billion, beating both market expectations and its own guidance. NAB went into a trading halt on Thursday after announcing that it will engage in a mammoth $5.5 billion capital raising. The ...