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Showing 1301 - 1310 of 1647 results for "Division 305"

Macq inv lending sale won't hit Lever

MICHAEL HOBBS  |  TUESDAY, 14 OCT 2008
Macquarie Bank's decision to sell its $3 billion investment lending arm is not expected to affect its Self Managed Super Fund (SMSF) leveraged property product, Property Lever. Dean Firth, Macquarie relationship banking executive director, said the ...

Suncorp ripe for the picking

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
Suncorp confirmed it has received several approaches from companies besides Commonwealth Bank interested in buying the banking and wealth management divisions of the group. The group advised its shareholders the approaches may or may not lead to formal ...

GESB announces key hires

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
West Australian super fund GESB hired Fabian Ross as head of wealth management and Martin Hedley as head of strategy. Prior to joining the super fund, Ross spent 18 years at the Commonwealth Bank managing the financial planning division before joining ...

Macq to sell investment lending arm

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 26 SEP 2008
While St.George's margin lending division will try to ride the tough markets, the credit crunch has taken its toll on one of its key rivals with Macquarie Bank in talks to find a partner for its $3 billion loan book. In an ASX statement, Macquarie said ...

Zurich launches cadetship program

MICHELLE BALTAZAR  |  FRIDAY, 12 SEP 2008
Zurich Financial Services has sidestepped the graduate program route in favour of a cadetship that gives aspiring high school students a chance to work in finance even before they graduate - and Zurich is happy to pay for the cadet's university fees ...

WW opens Aus portfolio construction shop

MICHAEL HOBBS  |  THURSDAY, 11 SEP 2008
Watson Wyatt Australia has hired former Intech CIO Hugh Dougherty and promoted Michael Blayney to head a new division that taps into the company's global portfolio construction research. The firm's Australian Portfolio Construction Group (PCG) complements ...

B&B appoint CFO

MICHAEL HOBBS  |  THURSDAY, 4 SEP 2008
Specialist fund and asset management firm, Babcock & Brown promoted John Fanning to chief financial officer. Fanning replaces Michael Larkin who was appointed chief executive and managing director on August 21. Prior to this position, Fanning worked ...

AMP's profits down 2pc

RUTH LIEW  |  THURSDAY, 28 AUG 2008
AMP Limited has posted a two per cent fall in its underlying profit to $437 million after weathering challenging investment market conditions, but its financial services division survived the storm to report a three per cent increase in operating earnings. ...

State Street's private equity hits $110bn

MICHAEL HOBBS  |  WEDNESDAY, 27 AUG 2008
Rising institutional investor demand for private equity assets has resulted in State Street's private equity fund service's assets under administration to increase by 20 per cent to $110 billion since the division was formed last year. Jack Klinck ...

Challenger FM down, CEO says goodbye

RUTH LIEW  |  MONDAY, 25 AUG 2008
Challenger Financial Services Group chief executive Mike Tilley is stepping down just as the group announced today that its funds under management dropped 19 per cent in the last financial year. According to a statement on the Australian Securities ...