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Showing 1 - 10 of 50 results for "UK operations"

Hearts & Minds, WAM slash stakes in Corporate Travel Management

KARREN VERGARA  |  FRIDAY, 12 DEC 2025
... engaged KPMG in the UK to conduct a forensic review of certain aspects of the FY23 to FY25 financial statements of the UK operations. KPMG is now questioning the revenue charged to large customers between 2021 and 2023 to the tune of GBP45.4 million ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... London has applied to the UK Treasury, the Bank of England and the board of Silicon Valley Bank UK to take over its UK operations, saying it "cannot be allowed to fail given the vital community it serves." Meanwhile, in the joint statement from regulators ...

UK drags Bravura performance

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... announced that its UK and South African units have severely affected its December 2020 half-year results. In its UK operations, professional services work has declined thanks to COVID-19 and uncertainty in the market continues. Meanwhile, South Africa ...

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... Secondly, Investec Australia plans to fully transition the loan book (and associated investment portfolio) to the UK operations. Lastly, it is in advanced discussions to externalise parts of the business. Investec Australia recently sold its property ...

McMillan Shakespeare restructures operations

ALLY SELBY  |  MONDAY, 29 JUN 2020
... asset financing remains subdued in Australia and New Zealand, the solution provider has decided to restructure its UK operations. "In the UK the company has ceased originating finance on its balance sheet and the existing funding book will be run down ...

PM Capital head of distribution departs

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... director - wholesale sales at Invesco. He moves into the role as the incumbent Scott Thomas relocates to Invesco's UK operations to be a product director. Prior to joining PM Capital in 2016, Cameron was the head of wholesale sales at BT Investment ...

Hedge fund takes over Slater and Gordon

ALEX BURKE  |  MONDAY, 4 SEP 2017
... the troubled firm in exchange for 95% ownership of the local business and sole ownership of Slater and Gordon's UK operations. Current shareholders will retain 5%. "The company believes the separation of the UK operations provides the best option to ...

MetLife restructures US and UK operations

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
... Financial common stock for every 11 shares of MetLife common stock they own as of the record date. This week MetLife's UK operations also announced the close of its wealth management business to new business as part of a refocused strategy to drive the ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... offshore branches as it will "also increase the costs of Australian banks that seek to compete overseas." ANZ's UK operations for example, is already subject to the UK banking levy (if local liabilities exceed £20 billion) and will pay the bank profit ...

NAB sells $1bn worth of UK property loans

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
... of non-core assets. "While pleased with the acceleration of the run-off in the NAB UK CRE portfolio our broader UK operations still face some challenges, in particular in relation to conduct related costs," he said
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