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Showing 301 - 310 of 1234 results for "Union"

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... growth is slow." King referred to recent news Commonwealth Bank was considering major job cuts, which the Financial Services Union forced the bank to clarify. "Now, we've heard stories about Commonwealth Bank wanting to take 10,000 people out of a 40,000 ...

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
... productivity, particularly where we can provide customers a better service through the use of technology." The Financial Services Union has not received any confirmation from ANZ about job cuts as yet. Likewise, CBA is under pressure to disclose the ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
Commonwealth Bank Australia (CBA) notified the Finance Sector Union (FSU) it will have to reimburse staff after a series of errors resulted in workers being underpaid. Thousands of current and former employees of CBA and BankWest have been underpaid ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to confirm or deny these reports so that "workers know where they ...

Chief economist update: EUr next

BENJAMIN ONG  |  WEDNESDAY, 10 APR 2019
... succeeded in making China kowtow - er, compromise - to his demands. Trump's now trained his crosshairs on the European Union (EU). Factset reports: "USTR proposed list of European products it will hit with tariffs in retaliation for $11 billion worth ...

Industry fund adds board directors

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
A $14.5 billion industry superannuation fund has added two new members to its board of directors, which now only comprises 10 seats. CareSuper has welcomed Linda Scott and Robert Potter, following the retirements of long-serving directors Cate Wood ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
... significantly on the nature and timing of EU withdrawal, in particular: the new trading arrangements between the European Union and the United Kingdom; whether the transition to them is abrupt or smooth; and how households, businesses and financial markets ...

Big banks, super funds join forces for sustainability

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... wellbeing and social equity while maintaining financial system stability. This new group is modelled after the European Union's High Level Expert Group on Sustainable Finance and the UK's Green Finance Taskforce. It will be guided by a steering committee ...

SG Hiscock, DMP Asset Management to merge

HARRISON WORLEY  |  WEDNESDAY, 27 MAR 2019
... Asset Management (DMPAM) have agreed to merge by the end of the month. In announcing the merger plans, the two firms said a union will see the formation of a new organisation based out of Melbourne, offering respective existing solutions to investors. ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... including the effects of the two aforementioned factors; negotiations on the United Kingdom's exit from the European Union (EU) and their effects; and geopolitical risks". The same macro-risks every other central across the globe is guarding against. ...