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Showing 421 - 430 of 2706 results for "NAB"

Crennan nabs new gig

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
Former ASIC deputy chair Daniel Crennan has a new role with an advisory firm and boutique investment bank, which was named in an ASIC report in 2019. Crennan resigned from the corporate regulator just two weeks ago, following revelations that he was ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... lamb, Do you see what I see?" The letter V is going viral in Australia (pardon the pun). It was most recently seen in the NAB Business Survey for October, underscored by the sharp rebound in business confidence and business conditions. Australian business ...

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
NAB posted a 37% loss in revenue while MLC Wealth was down around $100 million in divisional cash earnings from last year, though IOOF said the result is broadly in line with its expectations. IOOF is set to acquire 100% of MLC Wealth from NAB for $1.4 ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... distributed ledger technology (DLT) for settlement. As a part of the RBA's research on wholesale CBDC, Commonwealth Bank, NAB, Perpetual and blockchain company ConsenSys Software will develop a proof-of-concept (POC) for a tokenised form of CBDC ...

Lion Global partners with local distributor

KARREN VERGARA  |  MONDAY, 2 NOV 2020
Singapore-based Lion Global Investors has appointed a newly-established local distribution firm to help expand its Asian private equity strategy. Strathnaver Capital, which was set up by Richard Borysiewicz 10 months ago, will assist the asset manager ...

CFS Investments chair to retire

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
The chair of Commonwealth Bank's Colonial First State Investments and Avanteos Investments will retire at the end of year. Anne Ward will finish up her eight-year term as non-executive director and chair at the end of December 2020. The group is ...

Westpac settles two class actions

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... District of New York. The bank bill swap rate (BBSW) class action claimed that Westpac together with a number of banks like NAB and ANZ conspired to fix the prices of BBSW-based derivatives. The settlement is subject to negotiation, execution of complete ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... strategies by 2025. Climate group Market Forces said the updated policy means no major Australian bank or insurer, apart from NAB, is willing to back thermal coal beyond 2030. But Market Forces research coordinator Jack Bertolus said the new policy is ...

ANZ flags earnings hit

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... in PT Panin. ANZ noted a charge of $41 million for restructuring, bring the total for the year to $115 million. ANZ follows NAB and Westpac who both announced losses ahead of their full year results. Westpac flagged $1.2 billion of costs with $415 million ...

Boutique hires from MLC Asset Management

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... research relationship manager at MLC Asset Management. She has 20 years of experience with roles at MLC Asset Management, NAB Asset Management and NAB Wealth Distribution, Ellerston Capital, UBS Wealth Management, and Macquarie Bank. She has been tasked ...