Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 951 - 960 of 1316 results for "CEO"

Takeover merchants

SUZY MAC  |  TUESDAY, 13 NOV 2007
... per cent of the overall volume and a 71.3 per cent increase over the previous year. Then the crunch came and Babcock & Brown CEO, Phil Green, noting the cost of capital had changed said, "If capital is still cheaper for a private equity firm than it ...

Markets shake rattle and roll

SUZY MAC  |  TUESDAY, 6 NOV 2007
... all we have on an interest rate hike. Sub-prime mashed the US markets again overnight. As the door closed on Citigroup's ex-CEO Chuck Prince, rumours proved true on the bank's expected additional write-downs which tallied to $11 billion. With worst fears ...

ESSSuper starts CEO search

MICHAEL HOBBS  |  MONDAY, 5 NOV 2007
Emergency Services and State Employee Super fund, ESSSuper, is on the hunt for a new chief executive after David Atkin's resignation to take up a new role at Cbus. "Atkin will be missed at ESSSuper but he goes on to a prominent role in one of the largest ...

Sub-prime still has teeth

SUZY MAC  |  MONDAY, 5 NOV 2007
... Mayo believes the bank may write down almost $11 billion for losses on sub-prime assets. Less than a week after Merrill Lynch CEO Stan O'Neal walked the sub-prime plank, Citigroup CEO Chuck Prince, is reported to be packing up his desk over mortgage ...

Airing the dirty sub-prime linen

SUZY MAC  |  MONDAY, 29 OCT 2007
... backs of his fellow directors, O'Neal had been shopping a merger with a rival bank. It has been reported that as Merrill's CEO, O'Neal is also entitled to around $33 million in retirement benefits as well as the $170-odd million in stock and options. ...

Raging bull in sub-prime abattoir

SUZY MAC  |  THURSDAY, 25 OCT 2007
... obligations (CDOs), and defaulting sub-prime mortgages related to the US housing problems and global credit crunch. Merrill's CEO said they were working to resolve the remaining impact from their positions, which suggests there may be more losses to ...

ING OneCare Express speeds up insurance

SUZY MAC  |  THURSDAY, 18 OCT 2007
... with dependants are also likely to run out of money within a year if the breadwinner dies. But despite this, ING Australia's CEO Paul Bedbrook said people aren't necessarily lining up to buy insurance cover. Why? He explained that the prospect of medical ...

Quadrant appoints deputy CEO

MICHAEL HOBBS  |  THURSDAY, 18 OCT 2007
Tasmanian based superannuation provider Quadrant has appointed Graeme Sundstrom to the newly created position of deputy chief executive. Most recently Sundstrom was general manager at Sorell Council where he worked directly with the council's financial ...

Finsia appoints new CEO

MICHAEL HOBBS  |  FRIDAY, 12 OCT 2007
The Financial Services Institute of Australasia (Finsia) has appointed Martin Fahy to chief executive, replacing interim chief executive Stephen Harrison. Harrison was appointed interim chief executive in July after Brian Salter has stepped down from ...

Building BRICs

SUZY MAC  |  THURSDAY, 11 OCT 2007
Some investors may think it's too late to jump on the BRIC bandwagon, however David Dali, CEO and Portfolio Manager of Globalis Investments is among the growing number of BRIC enthusiasts who see more growth ahead. Back in July, The World Wealth Report ...