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Showing 371 - 380 of 783 results for "Collins"

UBS to cut up to 10 000 jobs

BEN COLLINS  |  WEDNESDAY, 31 OCT 2012
Swiss bank UBS AG could cut as many as 10 000 jobs after announcing a $AUD 2.25 billion net profit loss on Tuesday. As part of a cost-cutting following the result, Switzerland's biggest bank said that it "is likely to have a headcount of around 54 000" ...

Tyndall develops fixed income info kit

BEN COLLINS  |  TUESDAY, 30 OCT 2012
An information kit has been developed by asset manager Tyndall AM to help advisers explain how fixed income works to their clients. It will include eight fact sheets on different aspects of fixed income, such as credit markets, covered bonds, and the ...

Avoid estate planning mistakes

BEN COLLINS  |  TUESDAY, 30 OCT 2012
Advisers may need more technical and compliance knowledge to make sure that they meet clients' needs with estate planning, said Equity Trustees Limited. Actually drafting a Will or documenting an estate plan may prove more complex than some had realised ...

CGT relief passes House of Reps

BEN COLLINS  |  TUESDAY, 30 OCT 2012
Capital gains tax relief has been welcomed by the Australian Institute of Superannuation Trustees (AIST), after the Bill passed through the House of Representatives yesterday. The Bill extends the relief on capital loss rollovers to 1 July 2017 to coincide ...

Government should act fast on Johnson Report: FSC

BEN COLLINS  |  MONDAY, 29 OCT 2012
If the Federal Government is serious about exporting financial services to Asia, it must implement all the recommendations in the Johnson Report by 2013, said the Financial Services Council. "The Johnson Report is a practical plan that will open up ...

AMP infra fund takes 49% airport stake

BEN COLLINS  |  MONDAY, 29 OCT 2012
AMP Capital's Strategic Infrastrucure Trust of Europe (SITE) has purchased a 49% stake in NIAL Group Limited, the owner of Newcastle airport in England. AMP Captial purchased its stake from Copenhagen Airports A/S. Seven UK local authorities will retain ...

Centuria wins unlisted property fund of the year

BEN COLLINS  |  MONDAY, 29 OCT 2012
Centuria has been awarded the Unlisted Fund of the Year award at the Annual Property Funds Industry Forum. Centuria 19 Corporate Drive Fund, managed by Centuria Property Funds, won the award after good returns and a governance structure which focuses ...

RMB to be used in a third of china deals by 2015

BEN COLLINS  |  FRIDAY, 26 OCT 2012
Most China corporations expect one in three of all Chinese trades to be done in Renminbi by 2015, said a survey by HSBC. HSBC also found that 30% (of China businesses) plan to use RMB for investment-related purposes in the next 12 months. Half of all ...

Wilson HTM deals to Mariner concerns

BEN COLLINS  |  FRIDAY, 26 OCT 2012
Wilson HTM is currently working through a strategic plan which addresses all concerns raised by Mariner Corporation over its recent performance, said chief executive Andrew Coppin. A scrip offer was made yesterday for two Mariner shares for every three ...

Ancestry.com snapped up in PE deal

BEN COLLINS  |  FRIDAY, 26 OCT 2012
Genealogy website Ancestry.com has agreed to be acquired by a group led by European private equity firm Permira Funds in a cash deal valued at around $US1.6 billion, AAP reported. The company operates a website for researching family history and has ...