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Showing 171 - 180 of 471 results for "Tier"

Chief economist update: Easing does it (again)

BENJAMIN ONG  |  TUESDAY, 12 MAY 2020
... coronavirus cases in northeast China, with one city in Jilin province being reclassified as high-risk, the top of a three-tier zoning system," it reads. "Eleven new cases in Shulan were confirmed on May 9, all of them members of her family or people ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... supporting our customers through the challenging times ahead," NAB said. The offer is expected to raise NAB's Common Equity Tier 1 Capital (CET1) to 11.2%, up from 10.39% on March 31. NAB also announced its board of directors and senior leadership ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
Despite global markets crashing in March, HUB24 continued to experience strong net inflows in the quarter of $1.4 billion, with gross inflows of $1.8 billion. The specialist platform said these inflows had been driven by support from its large national ...

NAB remediation bill grows

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... the big bank comes to $188 million after tax. NAB says it expects the additional costs to reduce the group's Common Equity Tier 1 capital (CET1) ratio by approximately six basis points. Of the $188 million, $184 million relates to additional provisions ...

National Stock Exchange names new chief executive

ALLY SELBY  |  THURSDAY, 12 MAR 2020
The founder, managing director and chief executive of ASX-suspended fintech iSignthis is the new interim chief executive of the National Stock Exchange of Australia (NSX). John Karantzis will step into the role effective immediately, having recently ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
... Australian economy are real. That is why the Reserve Bank reduced interest rates to record lows earlier this week. ANZ is a tier one business; they should be leading the way in mapping out sensible reforms that demonstrate good corporate citizenry," ...

Fight for MySuper advice fees kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
... transparency, governance and accountability in the financial services sector - the proposed legislation risks creating a two-tier system in super and advice. "Any legislation that creates a barrier for Australian superannuation fund members to access ...

New partners at HLB Mann Judd

KANIKA SOOD  |  MONDAY, 17 FEB 2020
... audit practice leader Corey McGowan said Rickard's appointment helps with the firm's strategy of becoming one of the few mid-tier accounting firms in Adelaide with a three-partner audit practice. "Travis is well-respected in the South Australian business ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... right on the eve of Brexit. Andrew Bailey will replace Carney as the BOE's head honcho starting on 16 March 2020. Top-tier stats suggest that Carney is leaving the UK weaker than when he found it. When Carney assumed the position on 1 July 2013 ...

Overhaul bites Deutsche Bank bottom line

ALLY SELBY  |  FRIDAY, 31 JAN 2020
... 2018. "Our client business is developing well, right across the bank. With our strong capital position and a Common Equity Tier 1 capital ratio of 13.6%, we're very confident we can finance our transformation with our own resources and return to ...