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Showing 351 - 356 of 356 results for "Wealth Management business"

Perpetual Trustees to replace Bradley as managing director

Perpetual Trustees Australia has announced that managing director Graham Bradley is to be replaced after conducting a strategy review that concluded "the timing was right" for a new chief executive to lead the company "through a new growth phase." Bradley ...

Home loans sector driving major bank profits: PwC

... with difficulty thus far. The National Bank of Australia announced a $205 million writedown in its wealth management business on May 14.

National takes $205 million hit on wealth management business

... $1.87 billion for the six months ended 31 March, a fall of 17%, as the company reduced the value of its wealth management business by $205 million. Managing director and chief executive officer Frank Cicutto said that operating conditions for its wealth ...

Morning market wrap: US shares run out of steam

... half-year profits ($1.87 billion) were hit by a valuation reduction of $205 million related to its wealth management business. All Ordinaries: 2952.10 (+0.00) Dow Jones: 8679.25 (-47.48) NASDAQ: 1539.68 (-1.72) FTSE-100: 3999.90 (+12.50) Hang Seng: 9119.04 ...

Hartley's sells margin lending book

Hartleys Limited today announced the settlement of the sale of its margin lending book to Adelaide Bank. The sale, made with a book value of approximately $130 million, will complete the release back to Hartley's of around $20 million in invested capital ...

AXA records $316 million profit for 2002

... continue to deliver encouraging results." Operating earnings for AXA-APH's core financial protection and wealth management business rose $126 million, up 50% as compared to the corresponding period in 2001. The company also registered a strong growth ...