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Showing 3181 - 3190 of 6679 results for "Sale"

Tech "arms race" to spur banking competition

LAURA MILLAN  |  WEDNESDAY, 21 JAN 2015
Only banks with sufficient scale will survive the technology "arms race," the increase in competition and the entrance of non-traditional players, according to an EY global banking outlook for 2015. "The expense of competing, combined with declining ...

Macquarie Group upgrades profit forecast for FY15

ALEX BURKE  |  TUESDAY, 20 JAN 2015
Macquarie Group has confirmed it expects profits to rise by 10-20% above the $1.27 billion originally announced for the year to March 2014. Cited reasons for this include the 6.5% Australian dollar depreciation since October, sales and trading volatility ...

MyState appoints head of broker services

MARK SMITH  |  TUESDAY, 20 JAN 2015
Banking and wealth management group MyState has appointed a former St George Bank mortgage broking state manager as head of broker services. Sandi Sims will be responsible for leading the mortgage broker sales and service strategy of MyState Bank and ...

Market wrap

AAP  |  TUESDAY, 20 JAN 2015
The Australian share market is trading lower as weaker prices for oil and copper weigh on the resources sector. "The resources sector is certainly dragging things down," Phillip Capital senior client adviser Michael Heffernan said. "The banks are doing ...

Rothschild nabs Lazard director for infrastructure role

LAURA MILLAN  |  TUESDAY, 20 JAN 2015
Corporate financial advisory firm Rothschild has appointed a former Lazard executive director to the role of infrastructure, utilities and transport director. Jeremy Bostock's appointment comes as Australian state and federal governments continue to ...

BetaShares names chief operating officer

MARK SMITH  |  THURSDAY, 15 JAN 2015
Exchange traded fund (ETF) provider BetaShares has appointed its chief operating officer from CitiCorp. Debbie Bennett has extensive experience in financial services, most recently as technical sales manager at CitiCorp. She has also held senior management ...

SSgA appoints sales executive

ALEX BURKE  |  WEDNESDAY, 14 JAN 2015
State Street Global Advisors (SSgA) has appointed Chris Artis as its new vice president of sales and distribution for institutional sales. Based in Melbourne, Artis has nearly 30 years' experience in superannuation via senior roles at Telstra Super ...

Google insurance coming soon

ALEX DUNNIN  |  WEDNESDAY, 14 JAN 2015
Speculation is growing that Google will directly enter the insurance market. While its interest seems limited to automative insurance the impact of its disruptive approach is expected to impact other insurance classes. Google's interest in car insurance ...

Senior Suncorp distribution exec departs

MARK SMITH  |  TUESDAY, 6 JAN 2015
Asteron Life executive general manager of adviser distribution Jordan Hawke will leave Suncorp at the end of January. The company, which is a subsidiary of Suncorp Group, said the senior sales exec intends to take the year off to travel with his family. ...

NZ Super and Infratil buy RetireAustralia

MARK SMITH  |  MONDAY, 5 JAN 2015
... facility operator RetireAustralia. The sovereign wealth fund and the asset manager will take 50% each after entering into a sale and purchase agreement worth $640.2 million. The two entities will front up $429.5 million between them in cash equity with ...