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Showing 61 - 70 of 608 results for "Big Four"

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... numbers. The ATO's latest Corporate Tax Transparency report found AMP Limited as the financial institution outside the big four banks with the highest tax bill $727 million in 2018/19. Macquarie Group followed behind at $493 million. Next up were ...

NAB wins custody mandate

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... as it got out of doing it itself. It later picked BNP Paribas but now is returning to NAB. NAB is the only one of the big four banks to offer custody and asset servicing. It has provided custody services since 1950 and global custody and investment administration ...

NAB Asset Servicing signs up to Charles River

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... key factor helping us support our clients' operating models and organisational resiliency." NAB is the only one of the big four banks to offer custody and asset servicing. It has provided custody services since 1950 and global custody and investment ...

Fastest-growing AFSLs in the country

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... additions. It ended September with 254 current advisers, after 101 new registrations and 39 ceasings in the period. The big four banks saw the most adviser registrations cease: AMP Financial Planning (376), National Australia Bank (375), Commonwealth ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... years to work out a diversification strategy. "It barely even brings ANZ into line with announcements made by the other big four banks on thermal coal, and gives highly polluting companies another five year free pass to continue with business as usual," ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
Two of Australia's big four banks face shareholder resolutions as a result of increased exposure to fossil fuels. NAB and ANZ have had shareholder resolutions lodged against them by environmental finance organisation Market Forces to align with the ...

VFMC adds to leadership team

JAMIE WILLIAMSON  |  THURSDAY, 24 SEP 2020
... chief operating officer of the bank's Taiwan business. In total, Dunn spent close to a decade at ANZ. She joined the big four bank after 18 years with HSBC, during which time she worked across Canada, Monaco, Greece, Switzerland and London. Commenting ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The big four banks are set to face the House of Representatives Economics Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... to zero for at least the next two years." While investors relying on dividend income have traditionally looked to the big four banks, other opportunities have emerged including iron ore miners and gold miners. "We anticipate Australia's gold miners will ...

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
... at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. Of the big four, only Westpac cancelled their dividend. "CBA was able to declare at the top end of expectations, and ANZ are paying out their ...