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Showing 41 - 50 of 608 results for "Big Four"

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
... 76.85% increase in cash earnings to $6.56 billion in its full-year results and outlined a new oil and gas policy. The big four bank also report a statutory net profit of $6.36 billion, up from $2.50 billion in 2020. Meanwhile, revenue declined 2.2% and ...

Westpac director stands down

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
A non-executive director at the big four bank has resigned from the board to focus on his health. Steven Harker joined the Westpac board in 2019 and was a member of the audit, board legal, regulatory and compliance and remuneration committees. "The ...

NAB adds to board

ANNABELLE DICKSON  |  WEDNESDAY, 20 OCT 2021
The big four bank appointed the former chief executive and founder of Vocus Communications as a non-executive director. James Spenceley founded Vocus Communications in 2007, which was recently acquired by Macquarie Infrastructure and Real Assets for ...

Metrics Credit Partners joins climate partnership

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
... became the first Australian non-bank asset manager to join the Climate Bonds Partnership Programme. Metrics joins the big four banks, the Green Buildings Council of Australia and the Clean Energy Finance Corporation in the Climate Bonds Initiative's ...

Big four bank complaints drop

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
The number of consumer complaints received in relation to the big four banks has fallen over the last financial year, the Australian Financial Complaints Authority (AFCA) said. Complaints about Westpac, ANZ, NAB and Commonwealth Bank fell 7% out of ...

Westpac New Zealand names chief executive

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
The big four bank appointed a former Barclays Group executive to lead its New Zealand business. Catherine McGrath recently returned to New Zealand from London where she spent eight years at Barclays and was most recently head of channels. In this role ...

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy. The transaction will see 500,000 ANZ Share Investing clients with total assets in excess ...

NAB partners with life insurance, advice provider

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
The big four bank announced its partnership with Australia's largest medical defence organisation to extend its business finance solutions to doctors and healthcare professionals. NAB's Medfin Finance team signed a 10-year strategic partnership agreement ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
The big four bank has been ordered by the Federal Court to pay $18.5 million for misleading fee disclosure statements in relation to personal financial advice, in what is the first penalty imposed by the court for such failures. The court found NAB ...

BNZ chief executive moves back to NAB

ANNABELLE DICKSON  |  WEDNESDAY, 25 AUG 2021
The big four bank appointed the Bank of New Zealand (BNZ) chief executive to group chief digital, data & analytics officer and named her replacement. Angela Mentis will report to NAB Group chief executive Ross McEwan and will deliver digital products ...