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Showing 131 - 140 of 142 results for "Grim"

CBA gets 452 Capital cut at last

Commonwealth Bank has finally acquired a 30 per cent stake in Peter Morgan's 452 Capital after initial negotiations broke down in March this year. Morgan will maintain his 50 per cent share and control of the group and co-founder Warwick Negus will ...

CFS JVs with Acadian

Colonial First State (CFS) has announced an agreement with Boston and Singapore-based Acadian Asset Management to establish an Australian-based joint venture. The new entity - Acadian Asset Management (Australia) - will develop equity management products ...

SIA and AIBF to join forces

The Securities Institute of Australia (SIA) and the Australasian Institute of Banking and Finance (AIBF) have announced their intention to merge in order to achieve better scale and positioning in the industry. "Joining forces would create a unique ...

Market wrap

AAP  |  WEDNESDAY, 30 MAR 2005
... The Australian share market is expected to open weaker as a poor performance on stock exchanges around the world paints a grim picture for the local bourse. A combination of profit taking, portfolio re-weighting and stocks going ex-dividend have weighed ...

Colonial's discussions with 452 Capital called off

The Commonwealth Bank has notified the Australian Stock Exchange (ASX) that it has ceased discussions with Peter Morgan's 452 Capital regarding the potential purchase of a majority stake in the boutique fund manager. "Discussions between 452 Capital ...

Commonwealth splits CFS business into investments and products

The Commonwealth Bank has ended speculation surrounding its wealth management business, Colonial First State (CFS), with the announcement that it has split the investment management and product development functions of the business. At the same time ...

CBA announces senior appointment to investment and insurance services

The Commonwealth Bank of Australia (CBA) today appointed Brett Himbury as executive general manager, financial planning and advice services, it has announced. The role became vacant after the internal transfer of Geoff Austin to retail banking services. ...

CBA's First State expands into China

First State investments, a wholly owned subsidiary of the Commonwealth Bank of Australia (CBA), has announced its China funds management venture has lodged an application with the Chinese Securities Regulation Commission seeking a licence to establish ...

Australian business confidence remains resilient: National

Commonwealth faces up to "challenging" market

The Commonwealth Bank of Australia's (CBA) total assets under management fell $11 billion to around $95 billion in the second half of 2002 against a backdrop of tough market conditions and a preference for 'value' style management, CBA chief financial ...