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Showing 21 - 30 of 52 results for "CIC"

China's SWF on hiring spree

RUTH LIEW  |  WEDNESDAY, 17 JUN 2009
... Investment Corporation, is embarking on a recruitment spree to boost its investment teams. A statement released yesterday on the CIC website noted that they were seeking "qualified professionals worldwide". Job opportunities are offered in over 33 categories ...

NAB names new chief

WWW.THESHEET.COM, ASX STATEMENT  |  THURSDAY, 31 JUL 2008
NAB has appointed Cameron Clyne, the chief executive of NAB-owned Bank of New Zealand, as its new group chief executive starting next year, ending media speculation on who would replace John Stewart for the top job. Stewart's departure this year is ...

Hello kitty

SUZY MAC  |  THURSDAY, 4 OCT 2007
... of money likely to be channelled into Australia's share market China's gigantic state investment arm China Investment Corp (CIC), set up to make use of its huge and ever-growing foreign exchange reserve for overseas investment, was launched over the ...

Orix sells to Allco

WWW.THESHEET.COM  |  THURSDAY, 14 DEC 2006
Finance company Orix Australia has sold three of its five business divisions to Allco Finance Group. The business, equipment and commercial property finance operations will form part of the restructure of Allco Hybrid Investment Trust, which was announced ...

Another HIH exec faces the music

HAMISH MADDEN  |  THURSDAY, 7 SEP 2006
... Regulation Authority (APRA); and acting with reckless disregard in the making of a false or misleading statement to APRA that CIC had exceeded the minimum solvency requirements of the Insurance Act. The collapse of HIH Insurance sent many builders and ...

Ciccolallo to boost Fidelity's Australia wide presence

Jason Ciccolallo has been appointed associate director - business development for Fidelity Investments Australia. Ciccolallo joins Fidelity Australia with over 11 years financial services experience under his belt. Most recently he was vice president ...

Gaol term or former HIH managing director

... Authority. One false statement was made in regard to the non-disclosure under the Insurance Act that $129 million in assets of CIC insurance were for the benefit of a party other than CIC. The second false statement was in relation to CIC's failure to ...

NAB foreign exchange options desk back in business

The National Australia Bank has announced it will reopen its foreign exchange options desk on May 9, 2005, almost 15 months since it first notified the market of the unauthorised trading in foreign exchange options which cost the bank $360 million. ...

NAB head of foreign exchange resigns

AAP  |  THURSDAY, 18 MAR 2004
National Australia Bank Ltd (NAB), stung by $360 million in forex trading losses, yesterday said the head of its global foreign exchange division, Peter Cunningham, has resigned. NAB sacked five foreign exchange traders, while three senior executives ...

NAB report reveals critical weaknesses

WITH AAP  |  FRIDAY, 12 MAR 2004
A report released today into the National Australia Bank's (NAB) foreign exchange scandal revealed critical weaknesses in the bank's culture, governance and risk frameworks. Following the release of the PriceWaterhouseCoopers (PWC) report, NAB announced ...