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Showing 1 - 10 of 377 results for %22China Banking%22

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... focused on five areas: banking, platforms, advice, superannuation and investments, New Zealand, and strategic partnerships in China. The banking unit recently delivered net profit after tax of $93 million, reflecting the challenging environment that ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... macro-financial vulnerabilities, that could spill over to Australia. "The key channels of transmission of financial stress in China to Australia would likely be via a slowing in global economic activity, lower global commodity prices and reduced Chinese ...

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... achievements. She was also previously a managing director for UBS, leading and managing their wealth management business in China and held senior roles in BlackRock Asia. She comes to Grok from SieraCo, where she was a partner. Grok has identified decarbonisation ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... Dexus Funds Management (Dexus) have been met. The last phase of this sale involves the transfer of AMP's interest in China Life AMP Asset Management Company Limited (CLAMP). Once this process is finished, AMP will receive the remaining $50 million ...

Barings expands APAC team

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... president of its institutional business. Meantime, Singapore-based Kwek will report to head of distribution for greater China and Southeast Asia Lydia Wu. Kwek boasts over 20 years of experience in asset management, having previously served as Allianz ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... APAC. Williamson will take the reigns on financial intermediaries and corporates client strategy in North Asia and Greater China. He will also be the primary contact for broker dealing outsourcing, correspondent banking, and cash management and liquidity ...

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
... individual arrangements previously in place for each asset. The facility was provided by a consortium comprising ANZ, Bank of China, Commonwealth Bank, Industrial and Commercial Bank of China, ING Bank, Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking ...

AMP, Dexus reach final sale agreement

CHLOE WALKER  |  MONDAY, 20 MAR 2023
... liabilities, held on the business' balance sheet. The remaining $50 million is contingent on the transfer of AMP's stake in China Life AMP Asset Management by September 30 next year. If it doesn't occur, AMP will forfeit the payment. The agreement follows ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... Management. However, this deal has been delayed as AMP awaits Chinese regulatory approval for the sale of its interest in China Life AMP Asset Management (CLAMP) to Dexus. AMP and Dexus have engaged in discussions regarding an alternative transaction ...

PwC appoints chief economist for Australia

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... numerous papers, including on the development of banking and financial markets across the Asia Pacific region; the opening of China's economy and its impact on Australia and the region; and, most recently, on the digitisation of banking and finance. ...
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