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Showing 331 - 340 of 356 results for "Wealth Management business"

NAB trims UK workforce by 1,700

The National Australia Bank will cut 1,700 jobs, or 15 per cent of its UK workforce, over the next 12 to 18 months as the bank moves to 'rebuild, revitalise and grow' its banking operation in the UK. The bank is booking a provision of $266 million to ...

Commonwealth splits CFS business into investments and products

The Commonwealth Bank has ended speculation surrounding its wealth management business, Colonial First State (CFS), with the announcement that it has split the investment management and product development functions of the business. At the same time ...

Green light for Tower Australian Wealth Management spinoff

AAP  |  FRIDAY, 4 FEB 2005
The High Court of New Zealand yesterday gave final orders approving the arrangement plan for the separation of Tower Ltd's Australian Wealth Management businesses, as detailed in the scheme book, which was put to and approved by the company's shareholders ...

Macquarie expands business in New Zealand through PwC purchase

In a bid to expand its wealth management business Macquarie is set to purchase PriceWaterhouseCooper's (PwC) New Zealand financial planning business. The deal came at a time when PwC planned to exit the New Zealand financial planning industry and Macquarie ...

Bravura to acquire CSC wealth management business

Bravura Solutions has signed an agreement to acquire the wealth management business of CSC, provider of industry IT applications to near 70 business in Australia and overseas. Recent developments in the superannuation market including regulatory changes ...

Tower to merge New Zealand businesses, seeks new CEO

AAP  |  WEDNESDAY, 22 SEP 2004
... role is expected to take several months. Last week Tower announced plans to spin off its Australian wealth management business and list it on the Australian stock exchange. Shares in the company were down 1c at $2.24 in mid-morning trading today.

Tower says proposing spinning off Aust wealth management bus

AAP  |  TUESDAY, 14 SEP 2004
Tower said on Monday it is proposing spinning off its wealth management business in Australia following a strategic review of its business portfolio. It was proposing spinning off the business through a separate listing of the business on the ASX, with ...

5 BT funds rated "A New"'; S&P

Standard & Poor's has assigned "A New" ratings to five Australian equity funds managed by BT Financial Group, including its Wholesale Core Australian Share Fund and Wholesale Imputation Fund. S&P said that the ratings reflected changes that had been ...

Challenger CEO Cuffe steps down

... has stepped down from his role as chief executive officer to concentrate on developing Challenger's wealth management business. Challenger director Michael Tilley has been appointed to the role of chief executive officer effective from 2 August. Cuffe ...

AXA eyes China for future growth

AAP  |  WEDNESDAY, 14 APR 2004
AXA Asia Pacific Holdings chairman Rick Allert said today there will be new opportunities for the group when the market in China opens further at the end of 2004. "The economy in Hong Kong is showing signs of strong growth and the Closer Economic Partnership ...