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Showing 5161 - 5170 of 5263 results for "SCA"

Walter demands new NAB chair ahead of general meeting

AAP  |  MONDAY, 29 MAR 2004
Embattled National Australia Bank (NAB) director Catherine Walter has conditionally agreed to quit, with the replacement of Graeme Kraehe as chairman among her list of demands. Walter late yesterday said she was lodging notices with the NAB company ...

Institutions expected to back Pacific Brands bookbuild

AAP  |  MONDAY, 29 MAR 2004
The $1.3 billion float of Pacific Brands is expected to be heavily backed by institutions when they get a chance to bid todayfor shares in the maker of some of Australia's most iconic labels. A three-day institutional bookbuild begins for shares in ...

Nigerian letter scam victim pleads guilty

A Victorian financial adviser has plead guilty to five counts of obtaining financial advantage by deception, following his reply to a person purporting to be a representative of a Nigerian government committee, and a subsequent investigation by the ...

APRA raised risk management concerns in January 2003

AAP  |  THURSDAY, 25 MAR 2004
Australia's banking regulator raised concerns about risk management at National Australia Bank with the bank's board in January 2003, according to a report out yesterday on the forex trading scandal at NAB. The Australian Prudential Regulation Authority ...

NAB dumps share buyback following APRA report

AAP  |  WEDNESDAY, 24 MAR 2004
National Australia Bank is to implement new capital adequacy initiatives and terminate a share buyback after the release of a report by the banking regulator today into a forex trading scandal at NAB. The Australia Prudential Regulation Authority (APRA) ...

NAB set to go public with APRA report into forex scandal

AAP  |  WEDNESDAY, 24 MAR 2004
National Australia Bank will today release most, if not all, of a damning report by the financial services watchdog on a breakdown in its risk management systems, according to a newspaper report. The report said both NAB and APRA (Australian Prudential ...

Pressure mounts on coalition for tax reform

AAP  |  TUESDAY, 23 MAR 2004
Finance Minister Nick Minchin has ruled out linking tax scales to inflation in this year's Budget, as pressure increases on the government to introduce significant tax reforms. The Centre for Independent Studies (CIS) today called for Australians to ...

Labor targets audit committee chair in NAB fallout

AAP  |  MONDAY, 22 MAR 2004
The federal opposition has called for more heads to roll at National Australia Bank (NAB) as a result of its forex trading fiasco, singling out embattled board member Catherine Walter. Labor financial services spokesman Senator Stephen Conroy said Walter ...

Market Wrap

AAP  |  FRIDAY, 19 MAR 2004
The Australian dollar opened firmer after a security scare on the Eurostar train in France and fears Japan may stop intervening in the currency market, drove the United States dollar down against most currencies. At 0700 AEDT the local currency was ...

NAB head of foreign exchange resigns

AAP  |  THURSDAY, 18 MAR 2004
National Australia Bank Ltd (NAB), stung by $360 million in forex trading losses, yesterday said the head of its global foreign exchange division, Peter Cunningham, has resigned. NAB sacked five foreign exchange traders, while three senior executives ...