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Showing 2601 - 2610 of 6679 results for "Sale"

BMW caught on car loan failures

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2016
BMW Finance must contribute $5 million to financial literacy and consumer advocacy initiatives as part of Australia's largest consumer credit remediation program, including an enforceable undertaking accepted by ASIC. BMW Finance will provide $77 million ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 6 DEC 2016
Australia AiG performance of services It wasn't as sharp as the 3.3 point increase in the manufacturing index to 54.2 in November, but the AiG performance of services index's 0.6 point rise to 51.1 continues the trend towards stronger expansion seen ...

VFMC COO jumps ship to new GSAM company

ALEX BURKE  |  MONDAY, 5 DEC 2016
... resources. The new GSAM business, led by Dion Hershan, was first discussed earlier this year, when GSAM was considering a sale, partial sale or Hershan-led management buyout of its Australian equities funds management functions.

Planning firms need succession rethink

KERRIE SYDEE  |  MONDAY, 5 DEC 2016
... organisations that is out of their control," Harding-Davis said. Speaking to Financial Standard following the announcement of ANZ's sale of its wealth business, Harding-Davis said Elliot's views were increasingly common in the institutional space and ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 DEC 2016
Australia capex The Australian Bureau of Statistics' (ABS) report on business investment shows actual private new capital expenditure drop by 4.0% in the September quarter. While worse than market expectations for a 2.5% fall, the third quarter figure ...

ANZ has little time for robo-advice

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2016
... said. Placing a move into robo-advice on the backburner comes as part of the bank's decision to downsize, with the recent sale of its branch network across five Asian countries to DBS Bank and the potential sale of its wealth business, and is also part ...

Mercer principal joins IMCA board

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2016
The Investment Management Consultants Association of Australia has appointed five new board members. Principal of Mercer Investments Hendrie Koster has joined the board, bringing with him a wealth of knowledge in asset class research, portfolio construction ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 DEC 2016
Australia private sector credit Total private sector increased by 0.5% in the month of October, better than market expectations for a 0.4% rise and followed gains of 0.4% in each of the previous three months. October's monthly gain were driven by the ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2016
US GDP Today's data releases out of the US all but strengthens expectations for a December Fed rate hike. The Bureau of Economic Analysis upgraded US third quarter GDP growth to an annualised rate of 3.2% from the advance estimate of 2.9% and 1.4% in ...

European hedge fund business sold to Aussie administrator

DARREN SNYDER  |  FRIDAY, 25 NOV 2016
... business. It mirrors MainstreamBPO's purchase of Alter Domus' Asia-Pacific hedge fund administration business in 2015. The sale involves a number of long-term client contracts for fund administration services provided out of Malta, including net asset ...