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

Search Results

Showing 661 - 670 of 2706 results for "NAB"

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... guess! Still, recent survey and eco data releases indicate that, we'll be right mate. The National Australia Bank's (NAB) Business survey shows business confidence improved from 2 in June to 4 in July (albeit still below its long-run average ...

MLC transforms advice business

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... executive Geoff Lloyd today announced he is making major changes to its financial advice business ahead of separating from the NAB Group. This involves consolidating its advice brands from five down to two. These would be high-net-worth advisory firm ...

APRA hits Allianz over risk

HARRISON WORLEY  |  WEDNESDAY, 14 AUG 2019
... entities. After reporting their self-assessments, APRA imposed $500 million additional capital requirements on each of ANZ, NAB and Westpac. APRA executive board member Geoff Summerhayes said the self-assessments proved the issues in CBA's risk governance ...

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... "against" votes from the sovereign wealth fund were down slightly to 93. Future Fund also voted against granting equity to former NAB chief Andrew Thorburn at NAB's 19 December 2018 meeting and supported equity grants to ANZ chief Shayne Elliott ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
An internal whistleblower has pushed NAB back into the spotlight, leaking documents revealing the extent of the embattled bank's risk management difficulties. As reported by The Sydney Morning Herald, minutes from a June 2018 meeting between NAB ...

ASIC reveals advice remediation progress

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... and AMP oversee financial advisers has netted less than $120 million in remediation to date. AMP, ANZ, Commonwealth Bank, NAB and Westpac have paid a total of $119.7 million [see figure 1] in remediation for poor financial advice since the corporate ...

Boutique manager hires investment banking expert

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... in executive roles within leveraged finance and investment banking at Goldman Sachs for 11 years. He was also a manager at NAB within corporate banking, and leveraged and acquisition finance. MCP also announced three other hires in a bid to expand. Jake ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... fallen from $40 million to $35 million in the last year. AMP Financial Planning, IOOF Group, Commonwealth Financial Planning, NAB and SMSF Advisers Network are the five largest advice licensees. IOOF is the fastest growing group among the big six - increasing ...

NAB Asset Management hires insto director

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2019
NAB Asset Management appointed a new director of institutional business, formerly of JCP Investment Partners. A spokesperson for NAB Asset Management confirmed the appointment of Colin Keenan, effective this month. Keenan was most recently a senior ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
... experience across financial services and wealth management includes holding executive roles at Equity Trustees, Westpac, ANZ, NAB and KPMG. She was most recently chief risk officer at Trustee Partners for about a year, and was managing director of The ...