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Showing 761 - 770 of 1383 results for "franc"

Too many managers

ALEX DUNNIN  |  TUESDAY, 24 JUL 2012
Australia has an oversupply of fund managers and the fight to survive will cause many to review their pricing and business models. Brett Himbury, chief executive of IFM, said the funds industry is about to go through a correction as firms confront how ...

Goldman Sachs focuses on HNW with private bank

MELANIE TIMBRELL  |  FRIDAY, 20 JUL 2012
Goldman Sachs is building out its private bank from the US to target wealthy clients in a number of locations including Europe. Agence France-Presse reported that David Viniar, chief financial officer for the bank said the in-house private bank was ...

Liars' Club

BENJAMIN ONG  |  THURSDAY, 12 JUL 2012
"Honesty is such a lonely word. Everyone is so untrue." - Billy Joel, Honesty "There won't be a GST under the government I lead" promised Johnny Howard before being elected prime minister of Australia. "There won't be a carbon tax in a government I ...

BlackRock to buy private equity business

MELANIE TIMBRELL  |  WEDNESDAY, 4 JUL 2012
US investment manager BlackRock will acquire Swiss Re's European private equity and infrastructure fund of funds franchise, Private Equity Partners. The sale of Swiss Re's US$7.5bn unit is expected to be completed by the end of Q3, according to a statement ...

Barclays chief resigns

MELANIE TIMBRELL  |  WEDNESDAY, 4 JUL 2012
Barclays chief executive Bob Diamond has resigned after coming under fire from both politicians and regulators in the wake of the Libor interest rate fixing scandal. In stepping down, Diamond said the "external pressure placed on Barclays has reached ...

More of the same

BENJAMIN ONG  |  MONDAY, 25 JUN 2012
"Just once can't we figure out what we keep doing wrong Why we never last for very long What are we doing wrong Just once can't we find a way to finally make it right." -- James Ingram "Just Once" It's a brand new week folks. Yet somehow, why does it ...

Borland heads to CS Singapore

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
Karla Borland has been appointed as head of mutual funds & ETFs Asia for Credit Suisse Singapore following the appointment of Joost Bilkes to relationship manager at the Taiwanese desk in the same ofice. Lars Kalbreier, spokesperson for Credit Suisse ...

Fundamentally challenged

BENJAMIN ONG  |  FRIDAY, 22 JUN 2012
A day late and a penny short. Had the stumble in equity and commodity markets and the grim indicators released overnight happened while the Federal Open Market Committee was still in session, Big Ben would have announced something beyond extending the ...

Market Wrap

AAP  |  FRIDAY, 15 JUN 2012
Australian shares opened slightly higher following gains on Wall Street amid speculation of more stimulus from the US Federal Reserve. At 1020 AEST on Friday, the benchmark S&P/ASX200 index was up 14 points, or 0.35 per cent, at 4,056.2, while the broader ...

All eyes on Germany ahead of Greek elections

BEN COLLINS  |  FRIDAY, 15 JUN 2012
National elections at the weekend will be crucial in deciding if Greece stays in the eurozone or not, with polls indicating that left-wing party Syriza is on equal standing with pro-austerity party New Democracy. Syriza has threatened to tear up stringent ...