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Showing 391 - 400 of 2368 results for "merger"

Cbus appoints chief executive, deputy

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
... a spade and what you see is what you get. Our members and sponsoring organisations appreciate that." Cbus finalised its merger with EISS Super in May. It marked Cbus' second merger in 13 months after it joined forces with Media Super in April 2022. ...

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... with support from Swiss National Bank and the Swiss Financial Market Supervisory Authority (FINMA). FINMA approved the merger because Credit Suisse was experiencing a crisis of confidence, which manifested in considerable outflows of client funds. The ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... outlines why we continue to believe there to be no real commercial likelihood of any alternative transaction such as a merger with any other mid-tier bank, and why the proposed transaction with ANZ is in the best interests of our customers, shareholders ...

Australian Retirement Trust makes three leadership appointments

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... is that replacement, the fund confirmed today. He was previously ART's chief of staff, having taken up that role in the merger. Prior, he was Sunsuper's chief risk officer. East will be responsible for the fund's member operations portfolio, member service ...

Super funds pursue merger, chief executive chosen

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
A year on from confirming merger discussions, Active Super and Vision Super have signed a Heads of Agreement and selected the chief executive of the combined fund. The two funds first signed a Memorandum of Understanding in June 2022. Today, they confirmed ...

IFM, ISPT explore merger options

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
IFM Investors and ISPT have confirmed that a merger is potentially in the works, prompted by the request of its shareholders. The industry super fund-owned IFM Investors and ISPT said in a joint statement that: "A potential merger recognises that IFM ...

CareSuper, Spirit Super charge ahead with $50bn merger

ANDREW MCKEAN  |  FRIDAY, 2 JUN 2023
... (FUM) and serve over 500,000 members. Last year, former CareSuper chief executive Julie Lander revealed plans to consider merger partners to reach a target fund size of $50 billion. A few months later in November, CareSuper and Spirit Super initiated ...

Count completes Affinia acquisition

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... has practices across Australia, including risk specialists and holistic financial advisory firms, with Count saying the merger will add an "important capability" to its business as it expects to grow risk advice capability and revenues. Count chief executive ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
Lazard has promoted current chief executive of financial advisory Peter R. Orszag to the role of chief executive, while former chief executive and chair Kenneth M. Jacobs will step into the role of executive chair of the board. Orszag has served as ...

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
Mercer Super is set to add several hundred million in funds under management by way of another merger, this time with a Melbourne-based corporate superannuation fund. Mercer has confirmed it is undertaking a successor fund transfer with the Holden Employees ...