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Showing 81 - 90 of 406 results for "Round of"

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... restructuring provisions and the benefits of writing off capitalised costs. When the provisions ran out, CBA called a new round of "one-off" costs associated with the "Which New Bank" program," the note said. Actual costs even higher Merlon's estimate ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... at the time Craig Meller to step down. In February this year, AMP chief executive Francesco De Ferrari made the first round of sweeping changes to the wealth manager's leadership structure. Last month, AMP scrapped bonuses for leadership teams, cut ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... proceedings Chronican said: "The Introducer Program was obviously a source of considerable embarrassment to NAB in the first round of hearings of the Royal Commission." Chronican was questioned intensely by the chair, Tim Wilson, about why he was the ...

Chief economist update: Breaking up is hard to do

BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
... Sedaka. This song must be playing in UK prime minister Theresa May's head - it should as it did in mine - when a second round of voting in the House of Commons on her Brexit deal with the EU produced the same result - a rejection. The only consolation ...

NAB calls trading halt

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... Commissioner Kenneth Hayne criticised the leadership of chief executive Andrew Thorburn and chair Ken Henry during the final round of hearings. Hayne said he was not confident Thorburn and Henry have learned lessons of the past, referring to among other ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... Landing yesterday, the report was scathing in its assessment of banking executives. Commissioner Hayne said the final round of hearings - which saw chief executives and chairs of the big banks, AMP and financial services regulators APRA and ASIC take ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... reiterated a multi-billion dollar risk commission payout that was also cited by Rowena Orr when she kicked off the sixth round of the Royal Commission hearings in September. Insurers had paid out $6.1 billion to advisers in commissions for selling life ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... improving the sale of funeral insurance and banning medical disclosure checking without reasonable grounds. The sixth round of the Royal Commission in September 2018 exposed significant issues with the life insurance industry that are now in the process ...

TAL and Zurich lead inflows, CommInsure lags: Strategic Insights

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... result for the country's major insurers. CommInsure experienced the largest decline in customers leaving as the sixth round of the Royal Commission unfolded in September 2018. Strategic Insights found that only two life insurers posted outflows in ...

Andrew Hagger to lead investment, philanthropy group

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JAN 2019
... chief customer officer of consumer banking and wealth management. His departure followed his appearance at the fifth round of the Royal Commission in August. Commenting on his appointment, Hagger said: "I look forward to working with the team and in ...