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

Search Results

Showing 311 - 320 of 842 results for "Resolution"

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... keeping the climate crisis under control." Commonwealth Bank came out unscathed allowing room for an ongoing shareholder resolution regarding climate policy. On the other hand, Market Forces is closely watching the effect of Westpac's May position statement. ...

Less might be more in ESG

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... giving companies sustainability scores, ISS was able to measure how much sustainability improved after a shareholder resolution on ESG-related matters. It found sustainability scores increased notably after the first ESG shareholder proposal. But, once ...

AMP flags redundancies

KARREN VERGARA  |  THURSDAY, 1 OCT 2020
... said he is sticking to his three-year strategy to turnaround the business. This started with offloading AMP Life to Resolution Life in order to simplify its superannuation business. De Ferrari is also reshaping the advice network and capitalising on ...

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... proceeding regarding manipulative trading activity in the secondary cash market for US treasury notes and bonds. Under the resolution, J.P. Morgan Securities will pay $10 million in disgorgement and a $25 million civil monetary penalty. According to ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... of OVH's quoted securities as at August 19. For an ASX-listed company, blocking a scheme of arrangement and special resolution requires a 25% vote.

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... discount to NTA, and generating distributable profits over time. During the EGM, 68% of shareholders who voted in the resolution voted in favour of the change of strategy or at the chair's discretion, CIE said. "Excluding the votes of the two competing ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... its takeover of ANZ's retail funds whereas AMP's decrease was impacted by the sale of its life insurance business to Resolution Life. Gross inflows for the year to June 2020 were $192.2 billion, up 6.9% from the previous 12 months. While wholesale funds ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... The updated document comes after the two agencies worked closely together to solve COVID-19 related issues, such as resolution planning and authorisation on anti-competitive arrangements. The new MoU has also been written in simpler language to increase ...

HESTA advocates for change post Rio blast

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
The $52 billion industry fund for health employees has outlined its investor expectations for mining and energy companies and how they engage with Indigenous communities and heritage sites after the destruction of the Juukan Gorge Caves by Rio Tinto. ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
... and difficulty of mounting such a case and the whistleblower said she then "cautiously" attempted to seek internal resolution. The whistleblower said an internal lawyer subsequently undertook the "so-called independent" review. "Over the next several ...