Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1851 - 1860 of 6679 results for "Sale"

SUPER Recruiters adds executive director

KARREN VERGARA  |  MONDAY, 6 MAY 2019
A former Ignition Wealth sales executive has joined the wealth management recruitment specialist as an executive director. SUPER Recruiters welcomed Sally Humphris, who until recently was a senior sales executive at Private Portfolio Managers. Prior ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... billion reduction in real terms. The reduction in business costs is expected to come from selling Asian retail services, the sale of its life insurance business to Zurich, completing the sale of its pensions and investments business to IOOF, reducing ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
Westpac profits plunged 24% in the first half to $3.13 billion, as cash earnings fell across four of the group's five business divisions. "This is a disappointing result reflecting weaker business conditions and the bank dealing decisively with outstanding ...

Boutique fund house adds distribution lead

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
A boutique fund manager appointed a new head of distribution from Macquarie. SG Hiscock has appointed Anthony Cochran to lead the distribution of its offering. Cochran joins the company after 14 years with Macquarie. He was most recently responsible ...

AMP leaks $1.8bn, names new CFO

HARRISON WORLEY  |  THURSDAY, 2 MAY 2019
... manager. At the AGM, AMP chair David Murray was forced to address the firm's difficult 2018. Touching on the controversial sale of AMP's life business to the UK-based Resolution Life, Murray said the life business had been challenged for some ...

HSBC appoints new custody business lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
HSBC Australia has appointed a new head of securities services for Australia and New Zealand. Enzo Cotroneo will step into the role, joining HSBC from CitiGroup Australia where he was head of custody and fund services for several years. Prior to that ...

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
Swiss Re has agreed to take on the responsibility of designing and managing Freedom Insurance Group's customer remediation program. Freedom confirmed Swiss Re as the remediation manager, and Genus Life Insurance Services Pty Ltd as the third party to ...

Netwealth opens new office, grows team

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
Netwealth is opening a new office and expanding its national distribution team with the addition of a former BT Financial Group senior sales manager. The new office will be in Adelaide and manned by Andrew Dwyer, its newly-appointed senior distribution ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
Those were the days my friends, we thought would never end... but they ended. The days when measured inflation would go from minus 3% to plus 14%, give or take, back in the grim old days from the 1950s to the late 1980s are no more. Back then the monetarists ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... condition being continuous employment." The association also slammed AMP for failing to seek shareholder approval for the sale of its life insurance business to Resolution Life last year, which caused concern among shareholders together with enduring ...