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Showing 461 - 470 of 2735 results for "Shareholders"

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
... confirmed it is talks with UK asset manager Liontrust Asset Management over a potential sale. In a short announcement to shareholders, GAM added that it is also in similar discussions with others. It said it is "working tirelessly to ensure that the ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... distribution. Burgess said companies often reinvest profits instead of holding them as cash to be distributed to shareholders. "The association contends that for these companies reinvesting profits and the raising of capital to pay dividends is merely ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... following a sharp rise in them. However, the investment manager said BREIT has paid out nearly US$5 billion to redeeming shareholders since 30 November 2022 when proration began. "Strong performance is what matters and BREIT has delivered: 12.3% annualised ...

AMP flags first strike on remuneration

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... remuneration experts and regulators - we remain keen to understand and respond to feedback," Hazelton said. Several shareholders expressed their frustration with the performance and deterioration of the firm. Many attendees demanded executives must do ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... colleagues, our full attention will be on delivering the best possible outcome for our clients, our employees, our shareholders and the Swiss government," he said. The bank expressed its deep gratitude to Hamers for his "outstanding leadership" and added ...

Fund manager acquired by US fintech

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... deal, GoLogiq will acquire 100% of Bateau in an all-stock transaction and GoLogiq will issue common shares to Bateau shareholders valued at US$24 million. The acquisition is expected to close in Q2, however no definitive agreement has been signed. In ...

Bank of Queensland names Frazis replacement

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... values and to progress our work to build an even stronger and better bank for our customers, our people, and our shareholders." Allaway said BOQ has made material progress in strengthening its capital and liquidity position over the past six months and ...

AMP, Dexus reach final sale agreement

CHLOE WALKER  |  MONDAY, 20 MAR 2023
... hard work of the past 12 months to position AMP to win in those markets, deliver for customers and drive value for shareholders. "I would like to express my gratitude to all AMP Capital employees, including those transferring to Dexus and those who will ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... resilient. We have been in close contact with our international counterparts to support their implementation." All shareholders of Credit Suisse will receive one share in UBS for 22.48 shares in Credit Suisse as merger consideration, to a total of $4.8 ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... York-based Signature Bank has been closed by its state chartering authority and senior management has been removed. Shareholders and certain unsecured debtholders won't be protected, it said. The New York Department of Financial Services said it took ...