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Showing 1451 - 1460 of 3753 results for "Acquisition"

Bell FG appoints director, releases FY results

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... capital raisings on behalf of ASX-listed companies raising $2.5 billion in new equity capital." These include the acquisition of two structured loans products and associated sales and product development teams from Macquarie Bank. The acquisition increased ...

Xplore Wealth outlines 2020 plans

ALLY SELBY  |  FRIDAY, 21 FEB 2020
ASX-listed platform Xplore Wealth has announced a slew of new products and offers, set to launch in 2020. It comes as the platform provider releases its results for the 1H2020 financial year. Xplore is set to release three new products in 2020, including ...

Morgan Stanley acquires E*TRADE

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... offerings to support the full spectrum of wealth." James Gorman, chair and chief executive of Morgan Stanley, said the acquisition represents an extraordinary growth opportunity. "The combination adds an iconic brand in the direct-to-consumer channel ...

Midwinter expands advice software business

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... Australian financial advice software market for more than a decade," Hall said. "With the recent industry changes and our acquisition by Bravura last year, this is an exciting time of growth for the Midwinter business." Midwinter is a financial advice ...

Zurich appoints distribution team

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
... will report to Taggart. Commenting on the new-look team, Brooks said: "Zurich's continued strategy of organic and acquisition-based growth has led us to become Australia's largest life insurer. It's a position we intend to continually earn ...

Count Financial treads new path

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
... advisers. In its 1H20 results announcement, CountPlus provided an update on the Count Financial business following its acquisition in late 2019. Count Financial reported a loss of 99 advisers in the year to December 2019, down from 380 to 281. Count ...

OneVue recoups $4.36m from Sargon

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
OneVue Holdings has sold Sequoia shares which it took control of earlier this month from a Sargon subsidiary. Now, it's scouting buyers for Madison Financial Group. The Sequoia shares fetched OneVue net proceeds of $4.36 million (or about 18 cents a ...

Profits down as Perpetual looks to future

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
... while remaining focused on supporting our clients and their needs," Adams said. Adams highlighted Perpetual Private's acquisition of Priority Life and its increased number of "high quality" advisers, which grew by 24% in the last year. Net outflows of ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services. Focus has entered a definitive agreement to partner with Ravi Agarwal's MEDIQ Financial ...

Long-time IOOF director steps down

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
A member of IOOF's board has stepped down after a decade and a half as a director of the wealth manager. IOOF has announced the retirement of former PWC partner Jane Harvey, who steps down from the board after 15 years. However her retirement is set ...