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Showing 301 - 310 of 2444 results for "Directors"

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... its own subsidiaries and branches, serve its clients, and deal with counterparties. However, the UBS Group board of directors and UBS Group executive board will hold overall responsibility for the consolidated group. "I'm pleased that we've successfully ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... manufacture of Plazrok - an environmentally friendly construction material - until internal disputes arose between the then directors of URS," RES said. "The directors were unable to resolve their internal disputes, resulting in Mr Fox's removal as a ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
Two former directors of collapsed retail over-the-counter derivatives provider Berndale Capital Securities have been charged with dishonesty offences, including misusing over $1 million in company funds. Stavro D'Amore and Daniel Kirby are alleged to ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
... Further, he noted that these transactions are forecast to reach $30 million by 2030. "These payments are not solely for 'directors fees'," he said. "This is an illegal scheme designed to syphon retirement savings from super funds to the unions. "The ...

Hejaz backs local Islamic bank

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
Hejaz Group has injected $10 million into Islamic Bank Australia as its chief executive takes up a directorship at the latter. The fledgling Islamic Bank Australia, which is currently operating under a restricted ADI, is due to launch some time in 2023-24. ...

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
... includes members of the firm's executive board and governance board," she explained. "Two independent, non-executive directors will be appointed to PwC Australia's governance board and this process is underway." In addition, she explained the chairs ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... said he is honored, humbled, and excited to become the next chief executive of Lazard. "I want to thank our board of directors and Ken for entrusting me with this role," he said. "Put simply, it is a privilege to work with such exceptionally talented ...

Martin Fahy to step down as ASFA chief

CASSANDRA BALDINI  |  FRIDAY, 26 MAY 2023
Martin Fahy will exit the top job after seven years in the role and Gary Dransfield will take over as an interim replacement. Fahy took up the position in 2016 and is due to depart in the coming weeks. The super advocacy body said the former chief led ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... its own oversight. "SVB's senior leadership failed to manage basic interest rate and liquidity risk. Its board of directors failed to oversee senior leadership and hold them accountable," it said. The report showed that SVB was a highly vulnerable ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... therefore influence the likelihood of my capital having a positive return," he says. Australian Equity Partners managing directors Graham Marsland and Ivan Milutinovic are currently going through the search fund process themselves, with the fund model ...