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Showing 11691 - 11700 of 29090 results for "PRI"

Morgan Stanley appoints Australia research head

ALEX BURKE  |  TUESDAY, 29 AUG 2017
Morgan Stanley has appointed a new head of research for Australia. Richard Wiles takes on the role having previously been a banks and financial institutions group analyst. He replaces Lou Pirenc, who is relocating to New York to take on the position ...

Ignition Wealth expands leadership team

EMMA RAPAPORT  |  TUESDAY, 29 AUG 2017
Ignition Wealth, the Sydney-based robo-advice firm backed by industry magnate Barry Lambert, is expanding its leadership team with a key appointment to the investment committee. Simon Conroy, a senior investment and banking professional whose previous ...

ASIC raises concerns over NSX listings

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
The corporate regulator has raised a number of "concerning trends" in the way some foreign companies are admitted on the National Stock Exchange of Australia (NSX). In ASIC's review of NSX listing standards between July 2013 to August 2016, the regulator ...

Prime establishes new business division

ALEX BURKE  |  TUESDAY, 29 AUG 2017
Recently hitting $1 billion in funds under management, wealth and accounting firm Prime Financial Group has established a capital division to provide corporate advisory, transaction, restructuring and capital raising services. Prime said the new division ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
APRA's inquiry into the Commonwealth Bank reinforces an urgent need for a banking Royal Commission, according to Labor and the Finance Sector Union of Australia. If there are doubts about the need for a Royal Commission a year ago, there can be no doubts ...

EQT eyes global expansion

KARREN VERGARA  |  MONDAY, 28 AUG 2017
Equity Trustees (EQT) is well positioned to expand globally after a successful acquisition and corporate restructure boosted its bottom line performance in the year to June. After-tax profit grew 16% to $15.4 million, while funds under management reached ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
The Australian Prudential Regulation Authority will establish an independent inquiry into the Commonwealth Bank, following a series of scandals which have called the integrity of Australia's largest bank into question. The inquiry, conducted by an APRA-appointed ...

Insto exodus fuelling HUB24 growth

ALEX BURKE  |  MONDAY, 28 AUG 2017
The number of advisers choosing to become self-licensed or moving away from institutionally-aligned dealer groups has fuelled HUB24's growth over the 2017 financial year, contributing to the company's first full-year profit. HUB24 revealed a $3.9 million ...

MLC Life names chief underwriter, expands medical service

KARREN VERGARA  |  MONDAY, 28 AUG 2017
MLC Life Insurance appointed a new chief underwriter at a time when the firm and the industry are experiencing significant levels of growth and transformation. Debbie Kennedy is formerly the group head of protection strategy at UK-based life insurer ...

Wealth arm projects Perpetual profit

EMMA RAPAPORT  |  FRIDAY, 25 AUG 2017
Perpetual announced net profits of $137 million, up 4% on FY16, driven in part by its wealth management arm. New client growth in target segments, as well as higher non-market related revenue and higher equity markets led to a before tax profit of $40.5 ...