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Showing 1 - 10 of 100+ results for "Citigroup"

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
NAB's purchase of Citigroup's local consumer business includes Citi's roughly 4000 wealth clients. NAB will pay Citigroup cash for the net assets and a premium of $250 million. Citigroup's consumer banking business includes lending assets of $12.2 billion ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
... 9.8% to $1,068.3 billion in assets under custody. It was followed by Northern Trust which grew 9.2% to $722 billion and Citigroup which rose 14.2% to $673.2 billion. "We feel privileged to hold a leadership position that supports the ambitions of our ...

Fidelity changes up global equities team

KANIKA SOOD  |  FRIDAY, 11 JUN 2021
... decade at the helm. He has been a fund manager at Fidelity Investments for over 17 years. Lodha previously worked at Citigroup as an anlayst and is a former KPMG senior auditor. His portfolio management responsibilities will end June 30, but he will ...

JPMAM Australia chief to retire

JAMIE WILLIAMSON  |  TUESDAY, 4 MAY 2021
... distribution, Asia Pacific at Citi Alternative Investments in Singapore. She was also head of alternatives distribution, EMEA at Citigroup Private Bank and held senior roles at Bankers Trust.

LGIAsuper picks custodian for merged fund

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
... from December 2020 end, and has been overtaken by J.P. Morgan ($973.2 billion), Northern Trust ($660.9 billion) and Citigroup ($589.7 billion).

Former Franklin Templeton retail head finds new role

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
... career, Damianakis was sales manager at Vanguard Investments Australia and was also a business development manager at Citigroup. "I'm very excited about working with some brilliant people at Cooper Investors and am very grateful to them for this ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... that safe harbour laws are revisited to make sure investors are protected. The SEC's renewed focus on SPACs comes as Citigroup's quarterly results made it clear that the world's largest financial institutions are benefiting from the boom. Citi reported ...

Citi to exit consumer banking in Australia

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
Citigroup's quarterly results included news the banking giant is undertaking a strategic overhaul of its global consumer banking division. This will mean Citi is exiting consumer banking entirely in a number of markets including Australia. China, India ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... of the remediation pool came from NZ, Australian Central Credit Union, Bank of Queensland, Bendigo and Adelaide Bank, Citigroup, Commonwealth Bank, Credit Union Australia, Latitude Finance Australia, NAB and Suncorp. ASIC's Report 622, Consumer credit ...

ASI restructures distribution team

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... footprint to build a strong investment platform". ASI is the asset management arm of Standard Life Aberdeen (SLA). Former Citigroup executive Stephen Bird took on the chief executive role at SLA in September. UK publication Daily Business reported that ...
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