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Showing 701 - 710 of 3750 results for "Acquisition"

Mergers, performance dim super satisfaction: Survey

KARREN VERGARA  |  FRIDAY, 24 MAR 2023
Members are frustrated with their superannuation funds' performance and the drastic pace of consolidation in the industry, a new survey reveals. Roy Morgan's quarterly gauge of member satisfaction found that super funds were graded a 66.6% rating, down ...

State Street buys outsourced trading firm

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2023
... help further bolster our current offerings." Also commenting, CF Global Trading chief executive Scott Chace said the acquisition marked an exciting time for the business. "Our team has worked with our clients for 20+ years to develop a global, multi ...

ASIC consults on sunsetting class orders

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... Order [CO 13/519] Changing the responsible entity ; and Class Order [CO 13/656] Equality of treatment impacting on the acquisition of interests are due to sunset on October 1. Class Order [CO 13/519] modifies the requirements for members to initiate ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... central bank in accordance with the guidelines on monetary policy instruments UBS chief executive Ralph Hamers said the acquisition will build on UBS's strengths and further enhance its ability to serve clients globally and deepen its best-in-class capabilities. ...

Merricks Capital funds $465m Sydney development

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... O'Donoghue added the complex agreement required close co-operation with local and international investment partners. "The acquisition shows that there is a strong market outside of the major banks to fund high-quality assets at sensible valuations," ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... recorded a profit before tax of £88 million, while its tangible equity is expected to be around £1.4 billion. The acquisition will be funded from existing resources and is effective immediately. "We welcome SVB UK's customers to HSBC and look forward ...

TAL offloads dealer group to CountPlus

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... advisers deliver to their clients and community," he said. CountPlus chief executive Hugh Humphrey said: "this strategic acquisition clearly positions CountPlus as a major player in the future of wealth management in Australia." "The acquisition is terrific ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... other professional services firms, according to an industry broker. Centurion Market Makers' newly released Practice acquisition sale & valuation guide reveals that the demand for premium fee-based client books is increasing, as a firm with 100 or so ...

RF Corval secures industrial facility, eyes more

CHLOE WALKER  |  FRIDAY, 10 MAR 2023
... infrastructure giant Colas Group. The Wingfield asset is one of two properties recently purchased by CPF, following the acquisition of a industrial warehousing and manufacturing facility in Crestmead, Queensland, in October last year. The two acquisitions ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... compliance. Enva reported FY22 revenue of $1.8 million and net profit after tax (NPAT) of $0.4 million. As part of the acquisition, TIP will claim a 100% stake in both Enva Australia Pty Ltd and Enva Holdings Pty Limited. TIP said the consideration payable ...