NAB cuts payout, lifts profit
NAB has cut its interim dividend to the lowest level in over eight years, even as earnings rose 7.1pc to $2.95bn.
NAB has cut its interim dividend to the lowest level in over eight years, even as earnings rose 7.1pc to $2.95bn.
Liquidators of failed stockbroker BBY have had a small win in the NSW Supreme Court.
ANZ CEO Shayne Elliott wants to slice $1 billion in costs from the bank over the next three years.
ANZ has raised first-half cash profit to a better-than-expected $3.56bn, but flagged tougher times ahead.
Peer-to-peer lender Marketlend has taken aim at an online business lending code of conduct, labelling it “window dressing”.
Westpac Bank has raised the ire of the Finance Sector Union as it exits the financial planning business.
Yellow Brick Road has blamed regulation and the Hayne royal commission for a slump in loan volumes.
Specialist lender Credabl is targeting medical, dental and veterinary professionals.
The Australian Shareholders’ Association has vowed to vote against AMP’s pay report.
Small-caps manager Adam Smith Asset Management has become the latest local investment firm to consider closing its doors.
Original URL: https://www.theaustralian.com.au/author/joyce-moullakis/page/175