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Showing 51 - 60 of 201 results for "strategic review"

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
... close NAB Asset Servicing, following years of mandate losses. The move comes as part of the bank's ongoing strategic review, having tried to offload the business for several years now. It will be wound up over the next three years, with the closure ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
ClearView Wealth has concluded its strategic review process, with the board deciding not to proceed with any transactions. As previously reported by Financial Standard, ClearView began its strategic review process in September 2021, with the objective ...

Credit Suisse restructures investment bank

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Following a strategic review, Credit Suisse will undertake a "radical" restructure of its investment bank and cut thousands of jobs. Credit Suisse chair Axel P. Lehmann said the group has "become unfocused" in recent years and the new strategy is "the ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... and Corporate Responsibility Committee." Board members Vanessa Sullivan and Graham Cockroft will oversee the strategic review. AGL have advised it will approach the court for orders to cancel the scheme.

US firm backs Koda Capital

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
... and deliver strong revenue and earnings growth over the last five years." The investment is the outcome of a strategic review process undertaken to identify a partner that would support future growth and wouldn't sacrifice Koda's independence. "With ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... Renato Mota labelled an evolution, not a revolution. As part of a broader, ongoing transformation and following a strategic review, IOOF proposed the new name of Insignia Financial to shareholders while retaining its signature green and adopting a new ...

ClearView, Manulife to launch retirement products

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
... ClearView divested its financial advice business to Centrepoint Alliance. It later announced it was undertaking a strategic review with a focus on maximising shareholder value. Elsewhere, ClearView launched a new suite of life insurance products that ...

IOOF to adopt new name, brand

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
... executive Renato Mota calls an evolution, not a revolution. As part of its ongoing transformation and following a strategic review, IOOF will rebrand to Insignia Financial before the end of the year. It follows the completion of its acquisition of MLC ...

BT appoints chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 15 SEP 2021
... responsibility for Rady will be ensuring the continued performance of the business while Westpac continues with its strategic review of specialist businesses. Westpac Group chief executive, specialist businesses and group strategy Jason Yetton described ...

ClearView kicks off strategic review

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
A week after selling its advice unit, ASX-listed ClearView has announced a strategic review of the business supported by its private equity shareholder. ClearView said the review's focus is to maximise shareholder value. It was announced after an evaluation ...