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Showing 491 - 500 of 5188 results for "Yes"

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
AMP has confirmed its chief executive Francesco De Ferrari has not tendered a resignation, amid speculation. The Australian Financial Review on March 25 reported De Ferrari was set to resign on the day, after just over two years at AMP. The report added ...

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
Westpac has revealed it is in the early stages of reviewing the feasibility of its 160-year-old New Zealand division as capital requirements ramp up. Westpac noted the NZ business continues to perform well but the regulatory requirements in New Zealand ...

Computershare to buy Wells Fargo corporate trust business

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
ASX-listed Computershare will spend about $986 million to acquire the assets of Wells Fargo Corporate Trust Services, which has over 26,000 mandates. The US$750 million purchase is expected to be at least 15% management EPS accretive on a pro forma ...

CSC pivots towards divestment

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
At Commonwealth Superannuation Corporation's annual general meeting yesterday, the $50 billion government fund revealed it has divested pure-play coal. CSC chief investment officer Alison Tarditi revealed for the first time that the fund has divested ...

Buffett doesn't want to report on diversity, climate

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
Berkshire Hathaway is urging shareholders to vote against two separate proposals urging the firm to disclose its climate-related risks and diversity metrics. Berkshire Hathaway Inc's annual meeting is scheduled for May 1. Proxy voting directions filed ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
Lawyers for Commonwealth Bank (CBA) and Colonial First State (CFS) in its ongoing case against ASIC have told the court the parties have no intention of admitting to any contraventions in relation to Essential Super and an alleged $22 million in conflicted ...

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... a pipeline of female leaders, and I've experienced this first-hand. Q: Do you think the glass ceiling still exists? A: Yes, unfortunately. My observation is that the majority of women still find it very difficult to progress beyond a certain level. ...

Australian recovery has been outstanding: La Trobe Financial

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
Attendees of the Financial Standard Chief Economist Forum in Sydney have been reassured that Australia's economic recovery has not just been good - it's been very good. That's according to La Trobe Financial chief investment officer and ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
Every aspect of the aged care system is plagued by complexity and systemic problems that puts the most vulnerable at risk, the landmark inquiry found in its in final report. The final report of the Royal Commission into Aged Care Quality and Safety ...