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Showing 1871 - 1880 of 2817 results for "Division"

New institutional risk product set to launch

ALISON BEVEGE  |  WEDNESDAY, 17 AUG 2011
... go live. Russell has also promoted Karolina Bowler to the position of senior consultant in the investment consulting division bringing the Australian consulting and advisory team to 18 and the global team to 66. Russell Investments has about US$161 billion ...

Wealth performs steadily as CBA profits soar

MATT WOODINGTON  |  WEDNESDAY, 10 AUG 2011
Commonwealth Bank of Australia's wealth management division reported after tax net profit of $642 million for the financial year ended June 30 2011, while the wider group netted a 12% cash profit boost. Wealth Management had net operating income of ...

Bendigo Wealth plays part in group profits

MATT WOODINGTON  |  TUESDAY, 9 AUG 2011
... made a 14% contribution to Bendigo and Adelaide's $342 million full year profit for 2010/2011. The wealth management division was officially launched in April, offering margin lending, cash, investment, managed fund businesses and superannuation services. ...

Ready to turn on the tap

BENJAMIN ONG  |  THURSDAY, 4 AUG 2011
... Journal, Donald Kohn, Vincent Reinhart and Brian Madigan - the last three directors of the Fed's powerful monetary affairs division - put the risk of a new economic contraction at between 20% and 40%. Madigan and Kohn said the Fed should consider a third ...

Star hire strengthens IOOF adviser drive

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
Diversified financial group IOOF has appointed MLC star platform manager Chris Weldon to head its platform products division as it moves to expand its presence in the financial advisory market. Weldon started work yesterday as the new head of platform ...

BT regroups for market push

ELISE BURGESS  |  WEDNESDAY, 3 AUG 2011
... several new divisions have been introduced while others have been internally reshaped. The Bank Distribution and Insurance division will be lead by general manager, Mark Smith and has the remit of cross selling to Westpac's seven million customers. The ...

CBA insurance premiums rise

MATT WOODINGTON  |  FRIDAY, 29 JUL 2011
Commonwealth Bank of Australia reported a 3% rise in its wealth management division for the June 2011 quarter, while the appreciating Australian dollar caused a slight drop in its funds under administration and management. CBA's insurance inforce premiums ...

Macquarie backs annuity income as contributions drop

MATT WOODINGTON  |  THURSDAY, 28 JUL 2011
... by $9.6 billion of cash management trust funds that were transferred to the cash management account in July 2010. The division contributed net profit of $275 million, for the full year 2011, up 5% on 2010. Macquarie private wealth reported a 5% rise ...

CFS creates new distrib role

ELISE BURGESS  |  WEDNESDAY, 27 JUL 2011
Colonial First State has created a new general manager of marketing and distribution role, internally promoting Linda Elkin to the role. Elkin, currently the general manager of marketing, has accepted the role effective immediately and will continue ...

ANZ restructure gathers pace with new planning head

MATT WOODINGTON  |  TUESDAY, 26 JUL 2011
ANZ Wealth has promoted Luke Symons to head of financial planning and brought in former Colonial First State head of strategy and planning Greg Hansen, as Paul Barrett's advice and distribution restructure continues to take shape. Barrett arrived from ...