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Showing 881 - 890 of 2706 results for "NAB"

Activist LIC appoints new director

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... Mercer Investments and the $836 million WAM Leaders LIC. Snowden previously served as non-executive director at the up-for-sale NAB wealth management arm MLC, while also holding the chairpersonship at Antares Capital, winner of Rainmaker Group's 2017 ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... said. Australian Ethical will remain exposed to two Australian institutions which have appeared before the Royal Commission: NAB and Westpac. But this may change based on further findings or recommendations made by the Commissioner. "Our general approach ...

Former NAB subsidiary flags merger with Virgin Money

ALEX BURKE  |  TUESDAY, 8 MAY 2018
An ASX-listed banking group formerly owned by NAB made a preliminary approach with respect to an all-share combination with Virgin Money in the UK. CYBG, which operates through the Clydesdale Bank, Yorkshire Bank and B brands, will acquire all issued ...

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
NAB plans to exit the majority of its wealth management operations, including divestment of Australia's largest retail MySuper product. While the bank will continue to service high-net-worth clients via JBWere, it is shedding the rest of its wealth ...

NAB to sell MLC

HARRISON WORLEY  |  THURSDAY, 3 MAY 2018
NAB has announced it will begin the sale of its MLC Advice, Platform and Superannuation and Asset Management businesses, as part of its plan to focus on core banking. The bank announced the decision as part of a strategy overview during its half-year ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... offering provided by Managed Account Holdings (MGP) - a company in which Henderson himself held an interest for some time. NAB chief customer officer - consumer and wealth Andrew Hagger fronted the Royal Commission, whose line of questioning zeroed in ...

ROYAL COMMISSION: Our top stories

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... possible rating. It has yet to investigate the matter or contact the unsuspecting couple. Royal Commission singles out 325 NAB staff cutting corners The Royal Commission referred to a breach report concerning 325 NAB staff, including 204 financial advisers ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
ANZ and NAB painted a bleak profitability outlook for shareholders, flagging massive losses ahead of their 2018 half-year reporting period in early May. ANZ will incur a loss of $632 million from the sale of its life insurance, and pensions and investments ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
The Royal Commission referred today to a breach report concerning 325 NAB staff, including 204 financial advisers, who were involved in incorrectly witnessing client forms. This finding came out of a line of questioning involving a particular adviser ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... executives, ACTU secretary Sally McManus urged funds to reconsider their relationships with Westpac, Commonwealth Bank, ANZ and NAB in accordance with their ESG policies. "Working people in Australia gave up pay rises in order to get universal superannuation ...