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Showing 1 - 10 of 14 results for "CYBG"

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... months ago. But even then most of the fund's exposure was concentrated in financials stocks outside of Australia, with CYBG being a big holding," he said. His current long holdings in Australian financials include Link Group and Janus Henderson. ...

HESTA revamps executive lineup

JAMIE WILLIAMSON  |  WEDNESDAY, 6 JUN 2018
... Super where he was most recently executive general manager, customer growth. He has also previously held roles with NAB and CYBG. Doig replaces Mary Delahunty, who become head of impact; a newly created position focused on broadening HESTA's responsible ...

CYBG revises Virgin Money offer

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
CYBG has improved its offer for Virgin Money, the bank and financial services company founded by Richard Branson, in a bid to create a serious national competitor in the UK's banking sector. Under the revised proposal, Virgin Money shareholders ...

Former NAB subsidiary flags merger with Virgin Money

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... 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 and to-be-issued ordinary ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... disclose legal or compensation-related costs it anticipates to incur. In March 2016, the bank completed its de-merger of CYBG PLC, a UK-based banking business. As a result, it expects CYBG will increase its provisions for legacy payment protection insurance ...

NAB to simplify operations via job cuts

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
... billion for FY17. This is in comparison to last year's net loss of $1.7 billion which resulted from the demerger and IPO of CYBG (the new holding company for Clydesdale Bank) and the additional $801 million charge associated with that process. Changes ...

Clydesdale director departs

ALEX BURKE  |  MONDAY, 9 JAN 2017
CYBG, the ASX-listed holding company formed following the NAB demerger, will lose a longstanding non-executive director on January 10. Richard Gregory joined Clydesdale in 2000 having been managing director at Yorkshire Television. He was also chair ...

NAB Wealth reports solid growth

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
... Overall, the bank recorded a net profit of just $352 million, down 94.4% year on year, as a result of its divestment from CYBG and Nippon Life's purchase of 80% of MLC Life. However, cash earnings rose 4.2% to $6.48 billion. Despite recent speculation ...

Clydesdale in talks to acquire RBS subsidiary

ALEX BURKE  |  WEDNESDAY, 26 OCT 2016
CYBG, the holding company formed following the NAB demerger, is in talks to acquire a business from the Royal Bank of Scotland. The Williams & Glyn business refers to parts of RBS and National Westminster Bank, comprising 307 branches, which must be ...

CYBG appoints former AMP MD

ALEX BURKE  |  FRIDAY, 9 SEP 2016
CYBG, the new holding company for Clydesdale Bank following the NAB demerger, has appointed two new directors. Timothy Wade, who will join the boards of CYB Investments and Clydesdale Bank, as well as the board's risk and audit committee, joins CYBG ...
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