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Showing 241 - 250 of 356 results for "Wealth Management business"

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
... that the sale of the IOOF holding followed a strategic review, reflecting the evolving nature of its wealth management business, and would allow it to continue its relationship with IOOF without holding an equity stake. IOOF currently manages approximately ...

Julius Baer buys Merrill Lynch wealth

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Swiss private banking group Julius Baer will acquire Merrill Lynch's International Wealth Management business outside the United States from Bank of America. It's understood Julius Baer paid 860 million Swiss francs for the acquisition, which is expected ...

Bendigo offloads IOOF stake

LINDA HAUSKEN  |  THURSDAY, 9 AUG 2012
... Adelaide Bank said the sale followed a recent strategic review and reflected the evolving nature of its wealth management business. Hirst said despite selling the stake, Bendigo is expected to maintain a strong working relationship with IOOF. "We will ...

ClearView moves on IFA market

MELANIE TIMBRELL  |  MONDAY, 2 APR 2012
Dealer group ClearView has reported the acquisition of three new IFA practices in addition to seven new APLs in an update to the market. The three IFA practices that have joined ClearView are TSG Financial Solutions, East Coast Consultants and Knightcorp ...

PIMCO appoints new portfolio specialist

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
... during times of global economic uncertainty," said John Wilson, head of PIMCO Australia. "We've seen our wealth management business going from strength to strength, with monthly inflows 10 times larger than pre-global financial crisis levels." At Morningstar ...

New appointments at Aon Hewitt Wealth Management

MELANIE TIMBRELL  |  MONDAY, 27 FEB 2012
... current reforms and the business' broader strategic aims. "This is an exciting time for the Aon Hewitt Wealth Management business," said Pierre Kraft, managing director for Aon Hewitt Wealth Management. "In addition to all the regulatory changes affecting ...

Leenane Templeton Chartered Accountants adds financial planning

ALEX DUNNIN  |  MONDAY, 24 OCT 2011
Leenane Templeton Chartered Accountants has launched a financial planning and advisory services division under the new brand Leenane Templeton Wealth Management. Andrew Frith, chief executive officer of the Newcastle based Leenane Templeton said the ...

UBS CEO resigns over rogue trading scandal

RACHEL DAVIS  |  MONDAY, 26 SEP 2011
The UBS board of directors has accepted the resignation of its chief executive, Oswald GrA1/4bel, after the recent rogue trading scandal that lost the Swiss bank $2.36 billion. Sergio Ermotti has been named group chief executive on an interim basis ...

Spring lands CBA wealth head role

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
... replace Spring as group head of strategy in December, joining from Credit Suisse. Petersen had led the wealth management business since 2006.

Snowball reports 3pc rise in profits following Shadforth merger

ALISON BEVEGE  |  WEDNESDAY, 31 AUG 2011
... following the completion of its merger with Shadforth. The two non-aligned groups formed a combined wealth management business with 188 financial advisers nationally, after the June 26th finalisation of the merger. Officium Group, originally a large ...