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Showing 2501 - 2510 of 2817 results for "Division"

Westpac breaks up consumer and business banking

HAMISH MADDEN  |  WEDNESDAY, 21 FEB 2007
Westpac has announced a split in the structure of its Australian Business and Consumer Banking (BCB) division. Westpac chief executive officer, David Morgan, said BCB will be split into two new divisions, Consumer Financial Services and Business Financial ...

Asgard welcomes head of corporate super

HAMISH MADDEN  |  WEDNESDAY, 21 FEB 2007
Asgard Wealth Solutions has appointed a new head of corporate super to help drive growth in the division. Darren Whereat leaves MLC to take up his new appointment as head of business superannuation with Asgard saying it intends to aggressively target ...

Perpetual enters lending business with Wignalls

... Adelaide-based company Wignalls Lenders Mortgage Services (Wignalls). Phil Vernon, the group executive for the corporate trust division, said the acquisition was part of their strategy to extend services to the securitisation and lending markets. "Securitisation ...

DSTi appoints two at the top

NICK OLIVER  |  THURSDAY, 15 FEB 2007
... Citigroup, Deutsche Bank and Accenture, most recently directing the strategic solutions - global transaction services division at Citibank Corporate and Investment Bank in London. "Tom Abraham brings a unique set of international investment management ...

CommBank FUA reaches $168b

It's not just 'which bank' but 'which funds' today after the Commonwealth Bank posted a 22.7 per cent growth in funds under administration (FUA) to $168 billion in the half year ended 31 December 2006. The funds management business posted a 27 per cent ...

Survey predicts more mortgage defaults

... double the figure from the previous survey. The survey was done late last year and commissioned by Macquarie Mortgages, a division of Macquarie Bank. However, the division head Tim Brown said that the change in interest rate expectations over the intervening ...

Big plans for Adelaide Managed Funds

WWW.THESHEET.COM  |  TUESDAY, 6 FEB 2007
Adelaide Bank's wealth management division, Adelaide Managed Funds, will enter the structured products market later this month when it begins marketing a product dubbed the Protected Global Opportunities Fund. The new offer will be the second fund launch ...

Austock launches into hedge fund sales

... fast-growing dynamic environment at Austock," said Tim Boyle, Austock's chief operating officer. Asked why they've set up the division, Boyle said, "The hedge fund sector is generally a growing sector. It's a combination of a good industry, the right ...

Mortgage funds shouldn't sit on cash: AUI

... funds are to continue to provide diversity and add value to investors' portfolios," said Prasad. Over the past year, the division's funds under management (FUM) reached $1 billion. This month AUI boosted the lending team by appointing Mark Zukerman ...

Macq's the new kid on the SMA block

... people who don't meet the criteria for our IMA solutions wanting a similar product," said Tim Hornibrook, the group's division director. SMAs can be described as a selection of managed funds, called model portfolios, housed under the one account. Unlike ...