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Showing 81 - 90 of 356 results for "Wealth Management business"

Ord Minnett appoints state lead

KARREN VERGARA  |  MONDAY, 12 JUL 2021
... joining Ords Minnett and I feel very privileged to be given the opportunity to lead Ord Minnett's wealth management business in Queensland." "I have always respected the Ord Minnett business and have been impressed by the adoption of new technology ...

CFS unveils new leadership team

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... role. Morgan spent nine years at Commonwealth Bank, including working as chief financial officer of the wealth management business before his move to MLC. In his new and expanded position, he will have responsibility for the end-to-end finance function ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... Super. On 31 August 2020, IOOF entered into an agreement with National Australia Bank to acquire the MLC wealth management business, which includes NULIS. Under the Superannuation Industry (Supervision) Act 1993, APRA must approve any changes to the ...

Citi to exit consumer banking in Australia

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... Hong Kong, UAE and London. This positions us to capture the strong growth and attractive returns the wealth management business offers through these important hubs. "While the other 13 markets have excellent businesses, we don't have the scale we need ...

Natixis IM appoints chief executive

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... its new strategic plan for the period up to 2020 and Ryan's appointment will boost the asset and wealth management business and ESG strategy. "Tim Ryan's in-depth knowledge of the asset and wealth management businesses, together with his international ...

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
Credit Suisse has announced the departure of several senior staff members while confirming a $6.13 billion loss, reportedly linked to the collapse of family office Archegos Capital. Credit Suisse said it expects to incur a pre-tax Q1 loss of $1.25 billion ...

Citi moves to double wealth business revenues

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... larger high-net-worth client base. Citi said the move will support its goal to double the revenue of its wealth management business over the next three years. The new wealth hub is in Citi's Sydney CBD office, and is designed to be a "holistic knowledge ...

Citi names client director from within

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
Citi Australia's wealth management business has appointed a banking vice president to the newly created role of client director. Kan Liu has spent over a decade at Citi specialising in fixed income and foreign exchange solutions for clients. He originally ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
Ares Management has backed out of its acquisition proposal with AMP saying its strategy for its Australia and New Zealand wealth management businesses is likely to be the optimal way forward. The announcement comes as AMP disclosed its full year results ...

Citi unifies global wealth management business

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
Citi has overhauled its wealth management business, bringing together its global consumer banking and institutional client operations. Citi Global Wealth will unify wealth management teams in global consumer banking and the institutional clients group ...