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Showing 931 - 940 of 5062 results for "Sales"

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... company's former chief executive Markus Braun was arrested days after stepping down over allegations of inflating Wirecard's sales volume with fake income. German prosecutors said he is also being investigated on suspicion of making the company look ...

Pinnacle hires Japan sales exec

KANIKA SOOD  |  THURSDAY, 25 JUN 2020
... multi-boutique house Pinnacle Investment Management has hired Colonial First State Global Asset Management's former Japanese sales lead, as it looks to build its presence in the region. Hajime Kobayashi joined Pinnacle last month, as the managing ...

Melbourne boutique appoints head of distribution

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... with Chris and the rest of our team," L1 Capital chief investment officer Mark Landau said. Prior to this, Clayton headed sales and market at BT Investment Management for about three years, has served as NAB's head of asset management and at Colonial ...

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... post tax), repay debt (A$800 million) and fund capital dis-synergies (A$160 million)," it said in the August 2019 revised sales agreement announcement. New Zealand central bank approval This morning's announcement comes as the Reserve Bank of New Zealand ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... hasn't officially revealed the purchase price but Sargon's creditors are currently in court fighting over $29 million in sales proceeds. "With a new board, executive team, and strengthened balance sheet, we will be a responsible and trusted partner ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... coronavirus has resurfaced in Beijing and, with it, the re-imposition of lockdowns. Have money, will travel. The latest US retail sales report - up 17.7% in May from April - underscores the power of money. Cheaper borrowing costs and money printing from ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... fixed asset investment has eased to minus 6.3% by May from as steep as minus 24.5% in February; annual growth in retail sales has also improved to minus 2.8% in May from minus 7.5% in April and minus 15.8% in March. These improvements are underscored ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... which could easily transform into questions about solvency. Dangers of un-coordinated action by creditors could lead to fire sales of liquidated assets, provoking a further negative macroeconomic shock." There's also the risk of a second wave - as ...

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... Commission allege the scheme, boosted by promotional campaigns, generated more than $37 million (US$25 million) from penny stock sales. One such promotion wrongly claimed that a heated clothing company could produce medical quality facemasks in response ...

Major OneVue shareholder says IRESS bid too low

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... Capital entities were put under a cloud as Sargon's Chinese lender Taiping Trustees made fresh claims to proceeds of sales from Madison and Sequoia shares. OVH's recoveries from sale of other Sargon operating businesses like Diversa and CCSL ...