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Superannuation

Axa APH to meet with French parent next month to discuss offer

AAP  |  TUESDAY, 7 SEP 2004
Axa Asia Pacific Holdings' committee of non-executive directors expects to meet with the French parent company next month in regard to Axa SA\'s acquisition offer.

CBA says in talks with China bank, Jinan, on cooperation

AAP  |  TUESDAY, 7 SEP 2004
The Commonwealth Bank of Australia (CBA) said on Monday it is at an advanced stage of discussions with a Peoples Republic of China (PRC) bank, Jinan City Commercial Bank (JNCCB) regarding strategic co-operation.

Westpac moves 2004 AGM to New Zealand

AAP  |  TUESDAY, 7 SEP 2004
Westpac Banking Corp is moving its annual general meeting offshore this year - to Auckland, New Zealand.

Investa prop fund gets multi-million dollar investment injection

Real estate investment company Investa Property Group today said Prudential Australia Property Trust (PAPT) will invest up to $150 million in its unlisted commercial property fund.

Macquarie Wrap celebrates five years and $10bln FuA

Macquarie Wrap Solutions announced it passed the $10 billion mark for funds under administration last week coinciding with the fifth anniversary since being established in August 1999.

NAB to roadshow residential mortgage backed securities issue

AAP  |  MONDAY, 6 SEP 2004
National Australia Bank (NAB) on Friday said it would commence a roadshow for a residential mortgage-backed securities (RMBS) issue this week.

Bendigo Bank prices $300 mln 3-yr transferable deposit issue

AAP  |  MONDAY, 6 SEP 2004
Bendigo Bank on Friday priced $300 million of three-year transferable deposits maturing on 10 September 2007.

Macquarie a major media player as it buys DMG's regional assets

AAP  |  FRIDAY, 3 SEP 2004
Macquarie Bank is set to become a major player in radio with the acquisition of 57 regional radio stations from DMG Radio Australia for $193.5 million to add to its media investment fund.

RBC Capital launches $250 million Kangaroo transaction

AAP  |  FRIDAY, 3 SEP 2004
RBC Capital markets has launched a $250 million Kangaroo transaction for the Council of Europe Development Bank (COE).

ASIC publishes policy paper on conflict of interest in financial services

The Australian Securities and Investments Commission (ASIC) on Monday published a new policy statement on how it expects financial services licensees to manage conflicts of interest.