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Showing 31 - 40 of 177 results for "Bank of Queensland"

BOQ sells insurance business

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
Bank of Queensland (BOQ) has entered into an agreement to sell its St Andrew's Insurance business to Farmcove Investment Holdings for $23 million. The bank said the sale is consistent with its refreshed strategy announced in February this year to deliver ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... developed the $230 million headquarters for Aurizon at 900 Ann Street, Fortitude Valley and the $240 million Bank of Queensland anchored office project at Newstead nearby," Harrison said. Mater chief executive Peter Steer said: "We are delighted to be ...

BOQ expects to back pay $11m in SG

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
The Bank of Queensland has failed to pay several workers their superannuation benefits, in a failure that could potentially blow out to $11 million in back payments. The bank has already accounted for $2.4 million of superannuation owed to employees ...

First Sentier bolsters board of directors

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... manager's board in June, and currently also serves as a non-executive director on the boards of Urbis, IAG, the Bank of Queensland, and Cricket Australia. Tredenick was previously the chief executive of MLC's corporate superannuation business, and ...

Former MLC super boss joins First Sentier

HARRISON WORLEY  |  MONDAY, 1 JUN 2020
... NRMA corporate superannuation fund for around six years. Currently serving as a non-executive director of IAG, Bank of Queensland, Cricket Australia and St James Ethics Centre, Tredenick is set to bring decades of experience to the firm's board. ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... banks and lenders between 2011 and 2018. These include offerings from ANZ, Australian Central Credit Union, Bank of Queensland, Bendigo and Adelaide Bank, Citigroup, Commonwealth Bank, Credit Union Australia, Latitude Finance Australia, NAB, Suncorp-Metway ...

Financial services boards overpaid: Research

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... contrast, the top 10 highest remuneration-to-market-cap ratio boards in Australia are Virgin Money UK, AMP, Resmed, Bank of Queensland, Link Group, Star Entertainment Group, Soul Pattinson, Worley Parsons, James Hardie and Challenger." However, Connolly ...

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... on Wednesday asked banks to focus on their balance sheets instead of appeasing investors with dividends, and Bank of Queensland already seems to have obliged by deferring its dividend. Many stocks have changed their dividend payouts. The dividend suspensions ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... deemed by ASIC to be an unlawful managed investment scheme with which Commonwealth Bank, Macquarie Bank and Bank of Queensland were involved. At the time of collapse, about 3000 of its 14,000 clients had been "Stormified". The majority of investors were ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... announcement, 25 other banks have followed suit, including Westpac, NAB, St George, Suncorp, Bank of Melbourne, Bank of Queensland, HSBC and Macquarie Bank. Westpac acting chief executive Peter King said the bank was determined to assist customers during ...