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Showing 741 - 750 of 2706 results for "NAB"

NAB wealth exit delayed

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
The bank's separation from MLC is likely to be delayed. NAB said it was likely the planned divestment of its wealth management arm MLC would be delayed as far as June 2020. The bank said that while more detail was yet to arrive about the proposed legislative ...

NAB chief executive and chair exit

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... result, I spoke with the Board and offered to step down as CEO, and they have accepted my offer," he added. Thorburn joined NAB in 2005 as head of retail banking before becoming chief executive and managing director of BNZ three years later. He was named ...

NAB calls trading halt

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
NAB shares have been placed in a trading halt pending the announcement of leadership changes, the bank announced to the ASX this afternoon. NAB said it wants the trading halt to remain until it makes the announcement. It would lift either at the commencement ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... well aware of the size and nature of the tasks that lie ahead of CBA," Hayne said. However, praise was not reserved for all. NAB was called out for the performances of chief executive Andrew Thorburn and chair Dr Ken Henry during the final round of hearings ...

ASIC enforcement must get tough: Commissioner

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... and CBA just days before the Royal Commission public hearings kicked off last year, and commenced civil proceedings against NAB/NULIS Nominees in September. "Despite ASIC's investigation, the evidence led in the Commission showed that some entities may ...

Morningstar distribution executive joins fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
A $6 billion New Zealand-based fund manager has welcomed a head of distribution for Australia, joining from Morningstar. The manager also recently bid farewell to its chief executive. Morningstar's former head of adviser distribution Regan Van Berlo ...

Mercer names new people and culture lead

KARREN VERGARA  |  THURSDAY, 31 JAN 2019
... helped lead Future IM/Pact, an initiative between Mercer and AustralianSuper, Cbus Super, Future Fund, HESTA, Magellan, Mercer, NAB Asset Management, Pendal, QIC, Wavestone and Yarra Capital Management that aims to attract more women into investment ...

Clime names distribution and private wealth lead

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
... Prior to that, he was the head of advice and wealth management at Westpac Private Bank for six years. He also spent time at NAB Private Wealth [sic] as the head of financial advice and investments for about two years. Recently appointed Clime chief executive ...

Investment manager appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
A former NAB associate director of institutional banking has been appointed the chief executive at Melbourne-based IPO Wealth. Ewan Laughlin has about 28 years of experience across institutional banking and corporate finance. In his most recent role ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... central bank would be forced into a counter-offensive had been growing over the past few months. The latest instalment being the NAB Business survey that showed while business confidence remained unchanged at a reading of +3 in December 2018, it had ...

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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