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Showing 471 - 480 of 6745 results for "Sale"

Australian Unity offloads banking business

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
Australian Unity has announced the sale of its banking business to Bank Australia, with the transfer set to be complete in late 2025. Under the agreement, Bank Australia will acquire Australian Unity banking customers and their existing loans, credit ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... after the market close yesterday that it had sold 129.7 million shares at around 20 cents each, worth around $26 million. The sale was equivalent to around 4.5% of the shares on issue and means the investment fund manager is no long a substantial holder ...

AllianceBernstein managing director departs

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
AllianceBernstein managing director, Australia client group Brad Karp has announced he will leave the investment firm. Karp has been with the firm for close to 24 years. Prior to that he held roles at AXA as business manager - Australian equities and ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... income increased 2% year on year, while non-interest income was $2.8 billion, down 15% from the year prior, impacted by the sale of businesses in 2023, along with financial markets and wealth management. The Business & Wealth division, led by incoming ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
The Consumer Price Index (CPI) rose 0.2% in the September 2024 quarter and 2.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The September quarter's rise of 0.2% is the lowest outcome since the June 2020 quarter ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... for tobacco products. Finally, companies that derive more than 20% of their revenue from the mining of thermal coal and its sale to external parties are omitted. For the 2024 financial year, the super fund said all but one investment option saw their ...

KKR nabs JP Morgan sales manager

ELIZABETH FRY  |  TUESDAY, 29 OCT 2024
JP Morgan Asset Management distribution manager Jacqui Crothers has taken up a new role at KKR's wealth business. Crothers has been appointed director of global wealth solutions at the private equity giant. Reporting to the local head of KKR client ...

amicaa head of distribution exits

ELIZABETH FRY  |  MONDAY, 28 OCT 2024
Jeremy Gordon has quit amicaa Investments after just four months with the credit specialist that teamed up with global buyout firm Carlyle. A spokesperson for amicaa confirmed his departure and said the groups is looking for a new sales head. "We have ...

Euroz Hartleys Group names managing director

MATTHEW WAI  |  MONDAY, 28 OCT 2024
The Perth-based financial services business has appointed a managing director, promoting from one of its subsidiaries. Tim Bunney has taken on the role, stepping up from managing director and head of institutional sales of the group's main operating ...

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
The New Zealand Superannuation Fund (NZSF) has split the role of chief investment officer, promoting two of its investment professionals to their new posts. Brad Dunstan and Will Goodwin will become joint chief investment officers effective December ...