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

Search Results

Showing 2121 - 2130 of 6679 results for "Sale"

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
... sold its 37.5% equity interest in BoComm Life Insurance to Japanese insurer Mitsui Sumitomo as per a condition of the bank's sale of its Australian and New Zealand life insurance businesses to AIA Group announced in September 2017. The bank anticipates ...

TCorp investment operations boss departs in leadership restructure

ALEX BURKE  |  THURSDAY, 17 MAY 2018
The general manager of investment implementation and operations at TCorp will leave the business after 13 years as part of a leadership overhaul. Jonathan Green joined TCorp in 2005 as head of investment management; he was previously manager member ...

Saxo Capital Markets hires Aussie markets strategist

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
The trading and investment platform has created a new role to provide trading ideas and insights of Australian markets to Saxo's global sales trading team. Eleanor Creagh has been appointed to the Sydney based role, reporting to Saxo's group chief economist ...

Blue Sky revaluation sees asset prices drop

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
... accommodation (SAC), three private equity assets including Wild Breads, Sunfresh Salads and Foundation Early Learning (for which a sale of the asset has been announced), and a retirement living project in Corinda, Brisbane. The asset manager said the ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
ASIC is reviewing its approach to short selling, including a proposal which would allow market makers of certain exchange-traded products to naked short sell units in an ETF or a managed fund. The law enforcement agency is seeking feedback on several ...

Advice fintech shutters Sydney office

ALEX BURKE  |  TUESDAY, 15 MAY 2018
As part of a strategic review, an ASX-listed Australian fintech targeting the financial advice market will close its Sydney office and reduce three sales and customer service staff. Intiger said the decision came about because the review "reaffirmed ...

Link Group names Fund Solutions chief

ALEX BURKE  |  TUESDAY, 15 MAY 2018
Link Group named the new chief executive for its Link Fund Solutions business. Most recently, Paul Khoury was head of global services for Australia and New Zealand at State Street. He previously held three other State Street roles: Asia Pacific head ...

Vertical integration needs overhaul: Poll

KANIKA SOOD  |  MONDAY, 14 MAY 2018
As the advice industry reels from the impact of Royal Commission misconduct revelations that stemmed from vertically-integrated models, seven in ten Financial Standard readers are of the opinion these model need a revamp. Starting May 7, we asked our ...

Activist LIC appoints new director

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... Mercer Investments and the $836 million WAM Leaders LIC. Snowden previously served as non-executive director at the up-for-sale NAB wealth management arm MLC, while also holding the chairpersonship at Antares Capital, winner of Rainmaker Group's 2017 ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
The prevailing global dynamics of tight labour markets and low inflation is not the sole purview of big developed economies. It's happening in the US - the biggest economy in the world (US$18.6 trillion in 2016, according to World Bank estimates) ...