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| | | ... equity capital markets operation. Additionally, it will significantly reduce the global corporate and investment banking division's risk weighted assets by about 40% and resize its fixed income operation. The divisions that will remain operational are ... |
| | | | ... stronger balance sheet, and access to deeper pools of expertise." In 2014, Investec sold its Australian professional banking division to Bank of Queensland for $440 million. It included the deposits, and asset finance and leasing businesses. Investec ... |
| | | | Westpac has named the chief executive of its newly formed business division after announcing a group restructure in March. Guilherme (Guil) Lima joins the Westpac group from HSBC, where he was most recently group head of wealth management for the last ... |
| | | | ... general manager, wealth. He will be responsible for leading the strategy and network development of the firm's wealth division, with a particular focus on building out the nation-wide Partners Accountant referral network. Mennie was most recently ... |
| | | | ... AGL Energy, was also highlighted. She spent 11 years in banking and was head of Westpac's business and technology division. Her service to women's engagement in executive roles and to gender equality was recognised in the honours. Richmond Football ... |
| | | | The chief executive of Challenger's funds management business announced he will depart later this year. Ian Saines joined Challenger in March 2015 and helped funds under management grow to more than $80 billion for two divisions: Challenger Investment ... |
| | | | ... 9.74% AMP SignatureSuper - Responsible Investment Leaders International Shares 9.61% Mercer Super Trust Corporate Super Division - Mercer Socially Responsible Shares 7.53% Christian Super - Ethical High Growth 7.39% NGS Super - Socially Responsible Diversified ... |
| | | | ... Australia's oldest companies, Gowing Bros. Prior to Gowings, he was the general manager of Centuria Capital's investment bond division for more than three years. Michael Blake, formerly Centuria Capital's head of sales and marketing, was appointed ... |
| | | | ... September, after it merged Prime Super Fund. Mainstream's board is consequently considering ways to simplify and grow this division by expanding its service offering and undertaking a broad, strategic review of the business. |
| | | | New research by UBS found wealth management giants could lose more than 30% of their platform profits even if they undertake "radical cost surgery". The big players' funds under administration have been plagued by leakage to independent platforms, retail ... |
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