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Showing 31 - 40 of 100+ results for "Tuesday"

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... a statement he echoed two years ago. "My statement stays the same, it's five years," Dimon said during a media call on Tuesday. "When and if we ever set an actual retirement date, we'll let you know." Dimon received a $US31 million pay packet for 2018 ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... Royal Commission. ANZ chief executive Shayne Elliot told shareholders at the bank's annual general meeting in Brisbane on Tuesday that the bank was working "as fast as we can" to enact the Commission's recommendations. However, only 30% of impacted customers ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... her claim seeking compensation for unfair dismissal. The senior lawyer dragged her former employer to Federal Court last Tuesday, seeking over $2 million. She claimed she was bullied and harassed for reporting fee-for-no-service practices to top AMP ...

New chair at Local Government Super

KANIKA SOOD  |  MONDAY, 28 OCT 2019
... experience in the financial services including on the investment committee of Statewide Super. Both commenced in the roles last Tuesday. Outgoing chair Bruce Miller will step into a deputy chair role. Miller was the chair of the fund from 2013 to 2015 ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... handling advice complaints and insurance claims at different points in time. In a claim filed with the Federal Court on Tuesday, she says she was bullied and harassed for reporting fee-for-no-service practices to top AMP executives. She also claims it ...

MLC funds tone down return expectations

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
... and conservative. They aimed to beat inflation by 6%, 5% and 3.5% p.a. previously. Last month, and before the RBA's Tuesday rate cut, MLC revised the return expectations to 4.5%, 3.5% and 2% per annum. "The unusually low cash rates we've been ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
This will be the headline flashing on your screens at around 230 in the afternoon of Tuesday, October 1, after the Reserve Bank of Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... markets' conviction that the Reserve Bank of Australia (RBA) will cut interest rates again when it meets on the first Tuesday of October - taking the official cash rate to a new record low of 0.75%. The All Ordinaries index gained 0.5% and the yield ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... capital. The bookbuilding will start today, with the outcome to be announced tomorrow. The new shares will start trading next Tuesday. New LIT Magellan is also launching a listed investment trust for that will replicate the strategy of the Magellan High ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... will work," FPA chief executive Dante De Gori said. This is in direct contrast to what Frydenberg said in his speech on Tuesday, in which he said the government's reform will "benefit retail clients as they will receive higher-quality advice and ...