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

Search Results

Showing 4011 - 4020 of 11511 results for "DIV"

Overhaul bites Deutsche Bank bottom line

ALLY SELBY  |  FRIDAY, 31 JAN 2020
Multinational investment powerhouse Deutsche Bank is looking worse for wear, posting a full-year net loss of $8.71 billion (€5.3 billion). The multi-billion dollar loss has been driven by the bank's strategic transformation project, which saw ...

Link Group expands with Europe acquisition

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
Link has entered into a binding agreement to acquire a European loan servicing, advisory and asset management business. Link Group is set to acquire 100% of Pepper European Servicing (PES) for an upfront payment of around $266 million, and a further ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
Philip Kingston's Sargon has been forced into external administration by one if its Chinese creditors. In a statement to Financial Standard, Sargon said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
Aussie investors have swapped the bull for the bear, as macroeconomic and geopolitical tensions weigh heavily on high hopes for a repeated 2019. That's according to the latest research from Investment Trends, which found that investor sentiment ...

Wealth manager promotes from within

ALLY SELBY  |  THURSDAY, 30 JAN 2020
The Adelaide-based arm of an accounting and advisory firm has promoted a long-term staff member to managing principal. Ben Brazier will take over the reins as managing principal at Pitcher Partners Adelaide for 2020, after 23 years with the firm, 17 ...

US firm makes second bid for Aussie fund

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
A US-based investment giant has made a second bid for an Australian property fund with a $485 million takeover offer. Starwood Capital made the all-cash offer at $2.98 per unit for Australian Unity Office Fund (AOF) over a year after its first failed ...

AustralianSuper PM joins fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2020
A portfolio manager from AustralianSuper has joined a specialist investment firm looking to expand its footprint in Australia. Global equities portfolio manager Alex Whight will join the Milford Asset Management team in Sydney next week. Whight will ...

Infrastructure boutique hires former Hastings director

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
Nicole Connolly's Infrastructure Partners Investment Fund has appointed a former Hastings director as its head of portfolio construction and research. Kurt Lemke is joining IPIF after working as Hastings Funds Management's group director for ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
With the death toll surpassing 132 and a further 6000 people suspected of being infected, the outbreak of the Wuhan coronavirus has left markets tumbling as fears of an epidemic are stoked by news of the virus spreading around the world. It's caused ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
A California-based couple has been charged by the US Securities and Exchange Commission for allegedly running a Ponzi scheme worth just under $1.5 billion (USD$1billion). The SEC has charged Jeffery and Paulette Carpoff with violating antifraud provisions ...