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Showing 871 - 880 of 1110 results for "Parent"

Perpetual close to recovering $125m for Mahogany

COMPANY RELEASE  |  MONDAY, 9 NOV 2009
... Saphir's other main investment is a credit default swap arrangement with LBSF. Lehman Brothers Holdings, Inc (Lehmans) the parent entity of LSBF, had guaranteed it would meet the financial obligations of LBSF under the credit default swap. However, both ...

AMP circles AXA Asia Pacific

MICHAEL HOBBS  |  MONDAY, 9 NOV 2009
... through, create a new Australian insurance and financial planning monolith. The proposal is part of a bigger deal where the parent group, AXA SA, plans to buy all of AXA AP's Asian businesses, bar the Australian and NZ businesses. Under the current bid ...

MFS on expansion trail

MICHELLE BALTAZAR  |  TUESDAY, 3 NOV 2009
... last month, MFS chief executive Robert Manning said the group is soon to receive a US$50 million cash injection from its parent, Sunlife Canada - additional funding that will help accelerate its growth strategy in Asia, Europe, the US and Latin America. ...

Maritime Super picks AIA for insurance

MICHAEL HOBBS  |  MONDAY, 2 NOV 2009
... efficiencies across the whole business." AIA Australia, formerly AIG Australia, was rebranded in June this year after its US-based parent company, AIG, suffered financially last year and was forced to divest many of its offshore subsidiaries. Robertson ...

ANZ says no to ING IM acquisition, for now

RUTH LIEW  |  WEDNESDAY, 28 OCT 2009
... now it is not looking to buy ING Investment Management and the local operations of the ING real estate business which the parent group announced earlier this week will be divested. "ANZ is not interested in acquiring the investment management business ...

MLC targets TV for insurance drive

MICHAEL HOBBS  |  FRIDAY, 16 OCT 2009
MLC is ramping up its insurance awareness strategy with television advertisements that entice viewers to consider their insurance needs and seek advice. The commercials are screened on channel 7, 9 and 10 and pay TV and show a couple talking and then ...

Chinese Australians return to the East

RUTH LIEW  |  THURSDAY, 15 OCT 2009
Chinese Australian investors have never been far from their Chinese roots and portray a different investment mindset to the average Australian investor, as many yearn for bigger exposures to Asia, according to one specialist fund manager. Jonathan Wu ...

D'Aloisio nominated Joint Forum chair

COMPANY RELEASES  |  MONDAY, 12 OCT 2009
... Association of Insurance Supervisors (IAIS). Nominations for the Joint Forum's chair occur every two years by one of the parent organisations and in this case D'Aloisio was nominated by IOSCO. Chris Bowen, minister for financial services, superannuation ...

Market Wrap - Midday

AAP  |  THURSDAY, 8 OCT 2009
... 32 cents at $38.13 at 1213 AEDT and Rio Tinto was 60 cents higher at $61.35. "We're looking at Alumina today after the parent company in the US, Alcoa, reported better than expected third quarter earnings," Ms Saly said. Shares in Alumina were up 10 ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 SEP 2009
... cents or 0.93 per cent to $46.43. Supermarket giant Woolworths advanced 63 cents, or 2.25 per cent to $28.65, and Coles parent, Wesfarmers, rose 50 cents, or 1.99 per cent, to 25.63. Among the mining giants, BHP Billiton advanced 30 cents, or 0.82 per ...