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Showing 141 - 150 of 172 results for "Investment business"

ANZ says no to ING IM acquisition, for now

RUTH LIEW  |  WEDNESDAY, 28 OCT 2009
ANZ, which bought ING Australia last month, said right now it is not looking to buy ING Investment Management and the local operations of the ING real estate business which the parent group announced earlier this week will be divested. "ANZ is not interested ...

ING to divest insurance and investments

MICHELLE BALTAZAR  |  TUESDAY, 27 OCT 2009
Dutch banking and insurance giant ING plans to dispose its insurance and investment businesses over the next four years to shore up its balance sheet and repay its government debt. In a company statement released overnight, the group revealed a massive ...

SuperChoice signs TOWER super

MICHELLE BALTAZAR  |  WEDNESDAY, 14 OCT 2009
... re-worked due to mistakes when manually inputting data. Mary Iacovella, TOWER's head of operations for its investment business, said SuperChoice scored high on accessibility and visibility. "The solution is scaleable, offers extensive payroll connectivity ...

ASIC slaps six year ban for MIS fraud

ASIC RELEASE  |  MONDAY, 24 AUG 2009
... managed investment scheme. This follows an investigation by ASIC into the operation of a private mortgage investment business operated by West and John West & Associates Pty Ltd (JWA) at Payneham, South Australia. West and JWA engaged in a scheme of ...

Blackstone closes real estate fund

RUTH LIEW  |  TUESDAY, 30 JUN 2009
... the inevitable recapitalisation of the property sector. Since The Blackstone Group started its real estate investment business in 1997, the firm has raised a total of over US$28 billion. The Blackstone Group was assisted in its fund-raising by The Park ...

IBM Cognos measures credit risk

MICHELLE BALTAZAR  |  WEDNESDAY, 25 FEB 2009
Financial services firms will turn to IT systems that can alert them sooner to credit risk issues, particularly with the government-led bail-put programs making them accountable to their country's regulatory and political heads. Laurence Trigwell, global ...

ASIC catches short sale bungle

PRESS RELEASE  |  FRIDAY, 20 FEB 2009
... regulator accepted an enforceable undertaking from Droga Capital and the firm's sole director which require the investment business to implement policies and procedures in relation to the conduct of short selling to ensure compliance. In addition, both ...

Jobs safe in Australia: ING

RUTH LIEW  |  TUESDAY, 27 JAN 2009
... environment, ING is taking several steps to reduce risk and expenses and increase focus on its core savings and investment business," noted the statement. However, a company spokesperson from ING Australia said that the local arm of the Dutch banking ...

BGI appoints CIO

COMPANY RELEASE  |  FRIDAY, 16 JAN 2009
... handed over his responsibilities for Australia although he retains his responsibilities for BGI Australia's investment business. BGI is yet to announce his replacement. Blake Grossman, global chief executive of BGI, said of the appointment, "The global ...

BT appoints super and investment heads

PRESS RELEASE  |  FRIDAY, 12 DEC 2008
... Farrell will manage $6.5 billion in assets under management across the merged group which includes the St.George investment business, Advance Asset Management and BT Financial Group's multi manager and partner series. John Shuttleworth, BT Financial ...