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Showing 3221 - 3230 of 4543 results for "Michael"

No more parachute payments

MICHELLE BALTAZAR, MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
The debate on chief executive pay heats up after the discovery that senior executives in many of the banks the government had to bail out were in line for fat parachute payments just as they were negotiating a rescue package for the company. Dexia's ...

CHOICE warns of online fraud

MICHAEL HOBBS  |  TUESDAY, 7 OCT 2008
Consumer watchdog CHOICE has outlined a list of online identity fraud techniques to protect consumers against the growing threat. CHOICE estimates identity fraud costs Australians roughly $1 billion affecting 500,000 people every year. Most are hit ...

CBA in talks to buy BankWest

MICHAEL HOBBS  |  TUESDAY, 7 OCT 2008
The Commonwealth Bank is negotiating with HBOS plc to purchase BankWest. In a statement from the Australian Securities Exchange (ASX), Commonwealth Bank said both parties are yet to reach an agreement. This news follows UK bank, Lloyds TSB, buying HBOS ...

Solaris weathers market fury

MICHAEL HOBBS  |  TUESDAY, 7 OCT 2008
Solaris Investment Management managed to increase its funds under management (FUM) by $300 million to $700 million despite bad markets. The Ex-Suncorp Australian equities analysts' flagship fund, the Solaris Core Fund outperformed the S&P/ASX 200 Accumulation ...

GESB Mutual names board

MICHAEL HOBBS  |  FRIDAY, 3 OCT 2008
WA-based GESB Mutual appointed its first board which includes a former executive vice president of Woodside Energy, Keith Spence and former BT Group chief economist and chief investment officer, Andre Morony. The remaining board includes Macquarie Bank ...

TOWER buys InsuranceLine

MICHAEL HOBBS  |  FRIDAY, 3 OCT 2008
TOWER Australia ramps up its market share in the direct-to-market life insurance sector after it acquired InsuranceLine, one of the largest direct distributor of life insurance products in the country. TOWER Australia bought InsuranceLine for $136 million ...

UN launches PRI think tank

MICHAEL HOBBS  |  THURSDAY, 2 OCT 2008
The United Nations Principles for Responsible Investment (UN PRI) initiative has taken another step to bridge the gap between research and integration by creating a global network of PRI experts. The PRI Academic Network was launched at the European ...

Lifeplan keeps it in the family

MICHAEL HOBBS  |  THURSDAY, 2 OCT 2008
Lifeplan Funds Management developed a way for financial advisers to manage the wealth that is passed on to the next generation when a client dies. The retail funds management firm's NextGen Wealth Preserver is structured so the client's funds, upon ...

Euro SRI market hits $4 trillion

MICHAEL HOBBS  |  THURSDAY, 2 OCT 2008
A Eurosif report on asset managers and self managed asset owners found the sustainable and responsible investment (SRI) market across 13 European countries represents more than $4 trillion. Eurosif, the European equivalent of the Responsible Investment ...

Centric raises $100m in rights issue

MICHAEL HOBBS  |  THURSDAY, 2 OCT 2008
... debt and buy more businesses. The rights issue is underwritten by CHAMP II Fund and must be approved by shareholders. Michael Pillemer, Centric Wealth chief executive, said CHAMP's decision to wholly underwrite the transaction demonstrated the strength ...