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Showing 5151 - 5160 of 5263 results for "SCA"

Super result for retirement savings: IFSA

The Investment and Financial Services Association (IFSA) said it welcomed the announcements contained in the 2004/2005 Federal Budget highlighting a major boost to long-term savings. ISFA chief executive officer Richard Gilbert said the increased co-contribution ...

NAB to outline plans for $2 billion debt

National Australia Bank will reportedly outline plans to raise $2 billion in debt and restructure its dividend reinvestment plan, as it announces half yearly profits today. The bank was finalising a $2 billion subordinated debt raising and a revamp ...

Banking chiefs extra vigilant after NAB scandal

No bank can assume there will never be an error but big losses signified a fairly significant breakdown of controls, Westpac Banking Corp head David Morgan said [on Sunday]. Mr Morgan declined to comment directly on the NAB foreign exchange scandal ...

Shareholders, super funds welcome Walter's decision to exit NAB board

AAP  |  FRIDAY, 7 MAY 2004
Shareholders and superannuation funds today welcomed an announcement that dissident National Australia Bank director Cathy Walter would resign. Walter has been at war with seven other non-executive directors on the bank's board after she questioned ...

Walter piles on pressure ahead of National Bank shareholder meeting

AAP  |  FRIDAY, 30 APR 2004
Rebel National Australia director Cathy Walter continued to crank up her campaign for the May 21 extraordinary general election by calling on the board to clarify who will chair the meeting. The seven non-executive directors, led by chairman Graeme ...

NAB shares dive on earnings warning

AAP  |  FRIDAY, 16 APR 2004
Shares in National Australia Bank dived more than 2.5% when it warned its first half cash earnings would fall by as much as 5%. The bank, embroiled in a boardroom battle after a forex trading scandal cost it $360 million, said cash earnings after significant ...

NAB to change external auditor

AAP  |  THURSDAY, 8 APR 2004
National Australia Bank said late yesterday it intends to change its external auditor at the end of the current financial year. Audit committee chairman John Thorn said the bank is ending its long association with KPMG, which came under fire from the ...

NAB CFO joins the list of bank departures

AAP  |  MONDAY, 5 APR 2004
Embattled National Australia Bank (NAB) is losing another senior executive with chief financial officer Richard McKinnon to leave in the middle of the year. The bank\'s board also ended a two-day crisis meeting in Sydney on Friday, resolving to form ...

ASA calls for independent to chair NAB EGM

AAP  |  THURSDAY, 1 APR 2004
The Australian Shareholders Association (ASA) wants an independent person to chair the bank's extraordinary general meeting which has been called to dump dissident director Cathy Walter. The ASA said there would be a serious risk of continuing unrest ...

NAB calls off crisis board meeting

AAP  |  TUESDAY, 30 MAR 2004
The beleaguered National Australia Bank yesterday called off a planned crisis meeting of the bank's board so lawyers could pore over proposed resolutions put forward by dissident director Catherine Walter. A spokesman for NAB said the meeting was postponed ...