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Showing 10391 - 10400 of 11521 results for "DIV"

Westpac breaks up consumer and business banking

HAMISH MADDEN  |  WEDNESDAY, 21 FEB 2007
Westpac has announced a split in the structure of its Australian Business and Consumer Banking (BCB) division. Westpac chief executive officer, David Morgan, said BCB will be split into two new divisions, Consumer Financial Services and Business Financial ...

Asgard welcomes head of corporate super

HAMISH MADDEN  |  WEDNESDAY, 21 FEB 2007
Asgard Wealth Solutions has appointed a new head of corporate super to help drive growth in the division. Darren Whereat leaves MLC to take up his new appointment as head of business superannuation with Asgard saying it intends to aggressively target ...

Asset Super's strategic investment shift

NICK OLIVER  |  TUESDAY, 20 FEB 2007
Asset Super has made wholesale changes to its investment strategy by reducing its exposure to Australian and international equities and Australian bonds in favour of a shift to global and domestic listed property trusts and international bonds. The ...

Market wrap - midday

AAP  |  MONDAY, 19 FEB 2007
The Australian stock market remained higher at noon, led by most of the big banks, and boosted by generally positive investor sentiment. "It (the market) has been surprisingly strong. There wasn't much of a lead from markets offshore at the weekend," ...

Perpetual enters lending business with Wignalls

Perpetual has expanded its corporate trust arm by buying Adelaide-based company Wignalls Lenders Mortgage Services (Wignalls). Phil Vernon, the group executive for the corporate trust division, said the acquisition was part of their strategy to extend ...

Ignore global benchmarks: Aberdeen

HAMISH MADDEN  |  FRIDAY, 16 FEB 2007
Global benchmarks don't offer much in the way of diversification, according to Aberdeen Asset Management, but a well constructed global equities portfolio can offer investors one of the most effective means of diversification available. Andrew McMenigall ...

DSTi appoints two at the top

NICK OLIVER  |  THURSDAY, 15 FEB 2007
Financial services technology solutions provider DST International (DSTi) has welcomed a new chief executive officer and promoted its chief operating officer to deputy chief executive officer. Tom Abraham will assume the role at the head of DSTi, bringing ...

Vision Super eyes shopping sprees in China

Vision Super plans to cash in on China's economic growth by awarding a $38.5 million property mandate to the Macquarie Wanda Real Estate Fund, an investment vehicle focusing on Chinese shopping centres. "The opportunities in Australia's direct property ...

CommBank FUA reaches $168b

It's not just 'which bank' but 'which funds' today after the Commonwealth Bank posted a 22.7 per cent growth in funds under administration (FUA) to $168 billion in the half year ended 31 December 2006. The funds management business posted a 27 per cent ...

Survey predicts more mortgage defaults

A survey polling more than 900 mortgage brokers, planners and referrers has found that 61.4 per cent of respondents expect mortgage stress and defaults to increase this year, nearly double the figure from the previous survey. The survey was done late ...