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Showing 711 - 720 of 2706 results for "NAB"

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
... division, alleged to affect 10,000 employees. The FSU said it understands the bank's plan includes shutting down 300 branches. NAB is the only one of the major banks to detail the extent of its job losses. In late 2017, NAB announced it would overhaul ...

Superannuation fund names innovation, transformation lead

KARREN VERGARA  |  THURSDAY, 18 APR 2019
... management, innovation and data governance. Hubbard was recently chief information officer at UBank and prior to that was NAB's program director of core banking. Chief executive Vicki Doyle said the innovation and transformation team will provide strategic ...

NAB remediation bill hits $1.1bn

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2019
... million already paid out to customers since June 2018 and provisions already made in 2H18 that have not yet been distributed. NAB said the key items giving rise to increased provisions include non-compliant advice provided to its wealth customers; adviser ...

J.P. Morgan still the top custodian

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... J.P. Morgan has a 22% slice of this pie with custody contracts for the likes of AustralianSuper and HESTA. It first toppled NAB Asset Servicing from the top spot in the first half of 2016. BNY Mellon was the fastest growing custodian during the period ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... remains committed to exiting wealth. The OnePath/IOOF transaction is on ice pending the outcome of the APRA investigation, while NAB is reportedly hunting a buyer for MLC. Westpac, the last of the major banks to join the exodus, agreed to sell a number ...

New chief executive at Link Fund Administration

KANIKA SOOD  |  FRIDAY, 5 APR 2019
... professional services business in Australia and New Zealand. Prior to this, she held senior roles at Visa, Hewlett Packard and NAB. Link Group managing director John McMurtrie said: "I am delighted to announce that Dee McGrath is joining Link Group. ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... the others continued their slowing trend. As an aside, the pick-up in business credit is inconsistent with the most recent NAB business survey that showed sharp decline in both business conditions and business confidence over the same month. Housing ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... possible." "Since June, we have repaid $110 million to 310,000 customers." Chronican has been interim chief executive for NAB since the start of the month, after the resignation of Andrew Thorburn. Chronican said NAB agrees with 72 of the Hayne report's ...

AIA Australia adds innovation lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... innovation throughout her career. She was previously general manager of operations and insurance experience at HESTA and worked at NAB, MLC and Colonial First State before that. The head of innovation role at AIA will involve developing strategies, creating ...

NAB ends introducer payments

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
National Australia Bank will no longer make referral payments to introducers. NAB chief executive Philip Chronican said ending "introducer" payments was part of NAB's ongoing efforts to be a better bank following the Royal Commission. He said: "Through ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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