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Search ResultsShowing 1 - 10 of 100+ results for "NAB"
Xinja returns deposits
ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... 37,884 customers on 16 December. The neobank has now transferred the remaining 4176 accounts with a total value of $65,809 to NAB for customers to collect. The regulator said Xinja will formally return its banking licence in the coming weeks. Xinja withdrew ...
MLC Life appoints executive
KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... who joined in June last year. "Michael's appointment, in addition to the recent capital injection from Nippon Life and NAB, demonstrates that we are on the right path, despite the fast-changing operating environment we face," Cook said. "While we ...
MLC Life Insurance raises $650 million
KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... share; and $120 million in subordinated debt with a roughly 10-year maturity. MLC Life's ownership structure remains the same; NAB bought 20% of the new equity and Nippon bought 80%, in line with their current ownership of the insurer. The $120 million ...
Northern Trust wins First Sentier mandate
KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... for Australian investors as of 30 June 2020 stood at: J.P. Morgan (21.8%), Northern Trust (about 15%), Citigroup (14.5%), NAB Asset Servicing (14.1%), BNP Paribas (12.3%), State Street (10.7%), HSBC Bank (4.8%), RBC (3.4%), Ausmaq (1.6%), Netwealth (0.8%) ...
Hume promoted to cabinet
ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... recession." Hume was first appointed as assistant minister in 2019 following the election. She previously held positions at NAB, Rothschild Australia, Deutsche Bank and Australian Super. Financial Planning Association chief executive Dante De Gori welcomed ...
Cashwerkz appoints chair for Fund Income
KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... Asset Management . Coad has 30 years of experience in markets and intuitional banking, including senior executive roles at NAB, CBA and Chase Manhattan Bank. In early November, former UBS fund manager Chris Baylis, billionaire investor Alex Waislitz ...
Key AMP executive resigns
KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... wealth management covered corporate super, group insurance, pricing, and operations, working for large institutions such as NAB and its former subsidiary MLC. Bourguignon spent over nine years at NAB, her most recent roles there oversaw corporate super ...
BNP Paribas wins custody mandate
KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... acquired Ausmaq in May 2019. In June of this year, Ausmaq was rebranded to Clearstream Australia. Ausmaq was purchased from NAB, making way for Clearstream to enter the Australian market. Globally, Clearstream, which is part of the Deutsche Borse Group ...
Financial services' biggest tax bills revealed
ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... Commonwealth Bank had the highest tax payable bill from the big four banks at $3.2 billion, followed by Westpac at $3 billion, NAB at $2.1 billion and ANZ at $1.6 billion. Suncorp had a tax bill of $324 million, ING at $195 million, Bendigo and Adelaide ...
New AMP Australia chief executive
ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... chief executive of Sunsuper from 2014 to 2019. Prior to that, he led the corporate and institutional wealth business at MLC/NAB Wealth, including leading subsidiaries Plum Financial Services and Jana Investment Advisers. During Hartley's time at ...
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