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Showing 471 - 480 of 496 results for "Bonus"

Former NAB currency options trader jailed

... the true position was in fact a loss of $5 million. As a result of the dishonest trade Duffy received a net performance bonus of $129, 338, which also helped secure bonuses for members of his team. Duffy has since repaid his bonus to the NAB. Between ...

Former NAB currency trader appears in court

... entering false information into the banks accounting system. It is also alleged Bullen took this action to obtain a performance bonus for the 2003/04 financial year. The Court asked Bullen to enter a plea to the charges but he declined to do so resulting ...

Tower, AWM appoint new CEOs

... as Tower moves into its growth phase," Minto says. At AWM Barne's new salary consists of a base amount of $450,000 plus a bonus of up to 100 per cent of that amount subject to a set of performance hurdles. His maximum entitlement if the contract is terminated ...

NAB Currency Options Trader pleads guilty

... inflate the profit results for the FX options desk for several reasons including the opportunity to obtain a performance bonus for the 2003/04 financial year. Both Gray and Ficarra were not required to enter pleas to the charges against them and will ...

Criminal charges brought against former NAB traders

ASIC has brought criminal charges against former NAB option traders, Luke Duffy, David Bullen, Vincent Ficarra and Gianni Gray. The traders were charged following an ASIC investigation into their alleged unauthorised trading in foreign exchange and ...

Trends in market expectations

... increase in disposable incomes brought about by the tax cuts contained in the May federal budget and the $600 per child family bonus. For the majority of the year both groups forecast direct and listed property to remain stable. However in July 53 per ...

Australian CEOs sitting on $100 million of entitlements

AAP  |  MONDAY, 6 DEC 2004
Australian CEOs are sitting on entitlements to nearly $100 million in termination pay despite moves to rein in "golden parachutes". The Australian Financial Review, in an analysis of the annual reports of 50 of Australia's largest companies, said it ...

Telstra Q1 revenue up 6.9 per cent

AAP  |  WEDNESDAY, 20 OCT 2004
... significantly offset by the increase in the customer usage of the included call allowance as well as from offers such as Bonus Options and Telstra Talk Plans," Telstra said.

Suncorp MD collects $3.29m

... the 12 months to June 2004, the group's annual report revealed. Fattening his $3.29 million package were a $1.2 million bonus, $884,951 worth of shares, and $91,000 in superannuation payments. But the amount is still less than Mulcahy pocketed for his ...

Boards are cracking down on big termination payments - Macek

AAP  |  MONDAY, 20 SEP 2004
... rising salaries for fear of losing the CEO to a competitor. He said companies were moving away from options as a reward bonus for senior executives, which have proved over-generous in some cases. He said the idea of aligning executives' or managements' ...