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Showing 661 - 670 of 3543 results for "ANZ"

Nikko Asset Management awards global equities mandate

KARREN VERGARA  |  WEDNESDAY, 5 DEC 2018
... September. Prior to closing the funds, Nikko AM won a separate Australian equities mandate worth NZ$850 million ($766m) from ANZ New Zealand Investments. This story was updated at 2.55pm.

Social media reacts to final Royal Commission hearings

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... challenge". They do not have the capacity to fix it by themselves. There is a clear need for external scrutiny on culture at ANZ and in other banks. #BankingRC - David Taylor (@aus_employ_law) November 28, 2018 Employment lawyer David Taylor said scrutiny ...

APRA not clear how to police BEAR breaches

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... strategy review that it is undertaking. The Banking Executive Accountability Regime (BEAR) kicked into effect for CBA, NAB, ANZ and Westpac five months ago on July 1. It gives the prudential regulator two main powers: to disqualify an accountable individual ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
... also step down on December 4. The IFM board recently added two board members: Alison Larsson, a former chief risk officer at ANZ; and Grant Dempsey, a current senior adviser, finance at ANZ and a former head of investment banking at JPMorgan. It is understood ...

ANZ hid reasons for executive pay cuts

KANIKA SOOD  |  THURSDAY, 29 NOV 2018
ANZ chief executive Shayne Elliott admitted the bank did not disclose to its shareholders or staff that three of its senior executives had their variable pay held back in FY18 on account of compliance issues. Elliot's own variable remuneration was ...

ANZ lambasted for breach reporting delays

KARREN VERGARA  |  WEDNESDAY, 28 NOV 2018
ANZ is the slowest and an "outlier" among the major banks to report significant breaches, the Royal Commission heard this morning. ANZ chief executive Shayne Elliott couldn't justify why the bank took 213 days to report significant breaches (despite ...

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... integrated model, as and when it considers it appropriate to do so," AMP says. Despite recently moving on its OnePath business, ANZ also stands firm. The bank says structural change prohibiting related entities from providing financial advice and being ...

Royal Commission: ASIC rethinks negotiation tactics

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
... Centre benefitting from a $1.25 million payment as a result of an Enforceable Undertaking (EU) ASIC entered into with CBA and ANZ following an investigation that found they missold super products. Shipton said the payments aim to "ameliorate" or deter ...

Aussie companies drop dividends

KANIKA SOOD  |  MONDAY, 19 NOV 2018
... this third-quarter. Westpac was the world's 11th-highest dividend payer, down from the sixth spot in 2017's third quarter. ANZ came 20th, down five spots. BHP Billiton climbed up into the top twenty on the back of its increases to dividend payouts. In ...

Code of ethics still the main game: FPA

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... look after the consumer in the right way." Also presenting at the Challenger Financial Standard Technical Services Forum was ANZ Wealth technical services manager Matt Hughes. He spoke about what it takes to turn technical conversations and presentations ...