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Showing 341 - 350 of 356 results for "Wealth Management business"

CBA launches $450-550 mln share buyback

... 2003/04 first half, double the previous first half result which included a $426 million writedown on its wealth management business. "A $450-$550 million off-market share buyback is planned for March 2004," CBA, Australia's second biggest bank, said. ...

NAB's Frank Cicutto resigns as CEO

AAP  |  MONDAY, 2 FEB 2004
... \"I am proud of the contribution I have made to its development as Australia\'s leading banking and wealth management business. \"I am comfortable in the knowledge that I am handing over a company that is well positioned for future growth.\" NAB said ...

Suncorp uses 4-star rating to target independent financial advisers

Suncorp's bid to aggressively grow its wealth management business and lift sales through independent adviser channels has been given a boost with ASSIRT awarding prestigious 4-star ratings to the group's flagship Australian equities funds. Suncorp's ...

NAB boss says UK operations in good shape

AAP  |  FRIDAY, 28 NOV 2003
National Australia Bank Ltd chief executive Frank Cicutto has defended the bank's United Kingdom operations, saying they are still well positioned for growth. Mr Cicutto said there had been "a lot of noise and debate about our UK operations". However ...

AMP share price opens lower after Cicutto comments

... whether to make an outright bid. The bank has maintained it has no interest in acquiring AMP's Australian wealth management business until the UK operations are divested. Broking analysts are divided on whether the NAB is cooling towards a potential ...

ANZ poised to buy Lloyds NZ unit

... its Brazilian assets to UK rival HSBC Holdings Plc on October 9 for $815 million, and sold its French wealth management business to UBS AG in May. ANZ, Australia's third largest bank, will use proceeds of a recent tier one fund raising and cash from ...

CBA announces a 24% reduction in profits for the year

The Commonwealth Bank of Australia (CBA) has today announced a net profit of after tax of $2.01 billion for the year ended 30 June 2003, a decrease of 24 per cent on the previous financial year. "Net profit from ordinary activities (cash basis) was ...

AXA lifts H1 profit 114% to $287 million

... $287 million in the six months to 30 June, helped by a 13% rise in operating earnings of the group's wealth management business. The overall result was up 114% on the $134 million net profit posted in the corresponding period of 2002. Chief executive ...

Perpetual appoints David Deverall of Macquarie Bank as its new managing director

... the outstanding candidate for the role. He also possesses an excellent overall understanding of the wealth management business and the wider financial services industry." Mr Deverall will assume the role of the managing director and chief executive officer ...

Assirt appoints Ibbetson managing director to replace Saunders

... the group. The appointment reflected the importance of the ASSIRT Research business to the overall Wealth Management business of St George. "Simon brings a broad range of skills and experience that will meet the challenges of providing quality, timely ...