Journo @FinancialReview | Secure tips to jackderwin (at) protonmail (dot) com or Signal (jack.19)
Sydney, New South Wales
Joined January 2012
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NAB hired 7000 workers in India and Vietnam over the last four years, providing internal targets to recruit up to 50% of some teams into overseas hubs.
With 2500 mostly Australian jobs to now go, staff feel the bank has offshored their jobs by stealth.
afr.com/companies/financial-…
NAB says it will slash 1500 staff by Christmas in the latest major bank restructure.
Know more? Contact me on [email protected] or securely on Signal (jack.19) or protonmail ([email protected]).
afr.com/companies/financial-…
A belated but obligatory update to say I'm now at the @FinancialReview covering banking and fin services (proof of life below)
Drop me a line/tips/a coffee invite at the email/signal in bio or on the standard [email protected]
Cheers!
Scoop: ANZ is quietly parting ways with one of its chief risk officers as new chief executive Nuno Matos restructures the banking giant's retail division and works to rebuild its reputation with regulators. $ANZ
capitalbrief.com/article/anz…
ANZ bank employees are on edge with an ongoing restructure now expected to cut thousands of employees from its underperforming retail division.
capitalbrief.com/newsletter/…
Jack Derwin retweeted
Incredible stuff from ANZ, via @jack_derwin: ANZ has apologised after it inadvertently sent around an automated email to senior staff informing them their jobs would be terminated as part of a restructure capitalbrief.com/article/anz…
Jack Derwin retweeted
‘Deep concern’: Draft letter reveals CBA's private fight against RBA surcharging reforms. New scoop from @jack_derwin
capitalbrief.com/article/dee… $CBA
Regal's bad bet on Opthea could cost its traders tens of millions of dollars and put deferred bonuses at risk.
capitalbrief.com/article/no-…
This morning @CapitalBrief broke the story that powerful proxy advisor @OMgovernance was gunning for Iluka $ILU director Susie Corlett for her time at Mineral Resources $MIN.
Hours later she was standing down from Ellison's miner with immediate effect.
capitalbrief.com/article/ilu…
Despite being banned from being involved in financial services, EverBlu founder Adam Blumenthal has found a legal way to stay in the game.
capitalbrief.com/article/bou…
Not everything is as it seems however. Oakley Capital Partners, the firm he owns via a trust, claims a series of clients that have never heard of it.
After Capital Brief asked questions the "error" was acknowledged but is yet to be rectified.
Spoke to a lot of insiders about what made Catch tick and how it came undone under Wesfarmers. Strikingly, many think the line about Amazon killing it is 'bullshit'.
Full story in comments.
Interesting look at what it takes to build an ecommerce business.
capitalbrief.com/article/the…
Guzman y Gomez's Feb results will pit wealthy shareholders against circling short sellers.
Given the chance, will GYG insiders be tempted to take some serious money off the table?
capitalbrief.com/article/mar…
Christmas has come early.
Co-founder Richard White has sold 3.5 million WiseTech $WTC shares in the leadup to Christmas, pocketing $450 million.
capitalbrief.com/briefing/ri…