Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 109 results for "Conglomerate"

Name and shame super sectors: AIST

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
... Commission, AIST has also called for the volume of complaints in the public report to be listed both at an individual and conglomerate level. In this instance, a complaint against the superannuation offering of a wealth manager would also count as a ...

AustralianSuper awards international property mandate

DARREN SNYDER  |  TUESDAY, 18 SEP 2018
... provided a $514 million development facility to finance One Crown Place in London. The loan will assist Malaysian conglomerate MTD Group to develop the 34,400 square metre property. The building will comprise 12,600sqm of office space, 650sqm of retail ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
Foreign companies continue to gain the lion's share of Australia's life insurance industry, with the recent sale of CommInsure and OnePath set to boost foreign ownership from less than half to 66%, KPMG research shows. According to the Life ...

Centuria bets on ex-CBD Sydney office building

KANIKA SOOD  |  MONDAY, 30 APR 2018
... 20 years, in both unlisted and listed property Its real estate investor on the deal, Lederer Group, comprises of conglomerate of entities including property, manufacturers, financial investments and community based developments. The partnership goes ...

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

ALEX BURKE  |  THURSDAY, 21 DEC 2017
ANZ's attempted sale of a subsidiary business to a Chinese firm has been blocked by New Zealand's Overseas Investment Office. HNA Group has been in talks to purchase UDC Finance, an asset financing firm acquired by ANZ Bank New Zealand in 1980. ANZ ...

Second private equity firm joins battle for Fairfax

ALEX BURKE  |  FRIDAY, 19 MAY 2017
... premium to the revised proposal submitted by the TPG Consortium on May 15, which would see the latter acquire the media conglomerate for $1.20 per share. Fairfax's board has invited both bidders to conduct due diligence prior to making proposals binding. ...

ANZ has little time for robo-advice

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2016
... and is also part of the institution's strategy for transforming the business' culture. Elliott said that the bank's conglomerate presence in the past caused a failing in terms of visibility across all aspects of the business, saying that the complex ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 27 JUL 2016
... in issued bonds which is almost triple what it was at end June 2010. BP losses reduce as debt jumps 24pct Energy conglomerate BP has announced a A$3.6 billion second half 2016FY loss. While the loss is high the company said it's lower than the A$5.6 ...

KPMG appoints wealth management and compliance director

KERRIE SYDEE  |  THURSDAY, 17 MAR 2016
KPMG has appointed Cecilia Storniolo as director of wealth management compliance and conduct. Storniolo joins KPMG from BT Financial where she was a key account manager. Prior to this she worked as a senior policy manager with the Financial Services ...

ISA calls out banks over fee structures

DARREN SNYDER  |  MONDAY, 12 OCT 2015
Australia's big four banks collect one third of all fees paid to superannuation funds totaling about $10 billion, according to research from Rainmaker Information commissioned by Industry Super Australia. The study found that the super industry drew ...