Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 66 results for "Personal Bank"

NAB enters SIV market with 21 compliant funds

MARK SMITH  |  THURSDAY, 12 DEC 2013
... and tax advisers to real estate agents to help manage their move to Australia and the opportunity to set up NAB personal bank accounts up to 12 months before they arrive. "Our package of SIV funds has been specifically sourced by our team of private ...

Investec launches banking products for advisers

LAURA MILLAN  |  MONDAY, 18 NOV 2013
Investec Australia is tapping into the financial planning sector with the launch of a personal banking offering for advisers. The bank already works with about 250 independent advice firms and manages approximately $750 million of client funds, but ...

FSU considering options after NAB snub

MARK SMITH  |  WEDNESDAY, 18 SEP 2013
National Australia Bank (NAB) failed to meet a deadline with the Financial Sector Union (FSU) to clarify whether sacked employees would be entitled to their Short Term Incentives [STIs] and now faces further action from the union. The Financial Sector ...

Thousands of finance workers face axe: FSU

ALICE URIBE  |  FRIDAY, 30 AUG 2013
Several thousand jobs could be at risk in the financial services industry, despite the sector being in strong shape according to the Finance Sector Union of Australia (FSU). The media and communications manager at the FSU Leanne Shingles said that last ...

NAB denies "new" offshoring program in face of job loss figures

ALICE URIBE  |  THURSDAY, 29 AUG 2013
National Australia Bank (NAB) has denied that it has a "new" offshoring program, despite a Finance Sector Union of Australia (FSU) tally stating that 133 jobs had been offshored this year. According to an FSU tally NAB has axed 571 staff, as the bank ...

Banks missing super cross-selling opportunities

ALEX DUNNIN  |  FRIDAY, 5 JUL 2013
Only one in 10 in bank customers have their personal super with their bank, showing that banks are missing a huge cross-selling opportunity. Roy Morgan Research has just released a report that shows that only than 10.4% of the personal customers of ...

NAB Wealth profits stable

MARK SMITH  |  THURSDAY, 9 MAY 2013
National Australia Bank (NAB) has reported a 1.5% decrease in cash earnings for its wealth division, following a fall in insurance earnings. Earnings in the wealth business stood at $256 million for the half-year to March 2013, down from $260 million ...

MLC head to leave in NAB executive shake-up

MARK SMITH  |  WEDNESDAY, 13 MAR 2013
The National Australia Bank has confirmed the departure of MLC head Steve Tucker in a dramatic shake-up of its executive team. The bank announced a significant restructure in a strategy and technology update released today. Current group executive of ...

Euro endurance is lesser of two evils

MARK SMITH  |  TUESDAY, 27 NOV 2012
The euro will survive because the financial and social cost of failure is too great, according to UBS's David McMahon. The seemingly insurmountable level of debt in the eurozone remains arguably the single biggest concerns for global investors but McMahon ...

Triple bypass needed to resurrect NAB's UK business

MARK SMITH  |  THURSDAY, 1 NOV 2012
It could take years before NAB's 'worthless' UK banking business is restored to anything approaching a reasonable sale price. That is according to Elio D'Amato, chief executive of stock market solutions provider Lincoln Indicators. The underperformance ...