SYDNEY (Reuters) - Commonwealth Bank of Australia (CBA.AX) has agreed to sell its life ... CBA also said it was considering spinning off asset management business Colonial First State Global Asset Management in an initial public offering.
National Australia Bank has offloaded its majority stake in its influential JANA asset consulting business that advises Australia ... to sell a 55 per cent interest in the asset consultant to the JANA senior management team. JANA is one of the four.
Investor cynicism that National Australia ... the last 25 years." Wilson Asset Management portfolio manager Matthew Haupt said the lift in investment "is sensible and is a necessary investment and if successful sees the bank well positioned" to compete.
The latest transaction comes after National Australia Bank Ltd (>> National Australia Bank Ltd.) sold ... CBA also said it was considering spinning off asset management business Colonial First State Global Asset Management in an initial public offering.
THE State Government’s bank tax is entirely unreasonable ... through the Upper House. Jupiter Asset Management, a UK fund that manages more than $80 billion in assets, said it had already reduced its exposure to Australia because of its “increased.
THE Commonwealth Bank is set to review its global asset management business ... The sale follows similar moves by rivals ANZ and National Australia Bank to cut their exposure to wealth management. CBA also said the head of its wealth division, Annabel.
Fisher Asset Management ... 0.92% in National Retail Properties, Inc. (NYSE:NNN). Weaver C Barksdale And Associates owns 75 shares for 0% of their portfolio. Financial Bank Of America Corp De reported 0% stake. Commonwealth Bancorp Of Australia has.
NAB Asset Management, the wealth management division of National Australia Bank, has acquired a a close to 75 per cent interest in Orchard Street Investment Management, a £4 billion ($7.34 billion) London-based fund focused on investments in commercial.
CBA also flagged a possible wealth management ... asset sales across Australia's banking sector. Asian life insurers are potential buyers due to Australia's growing population and economy, and its stable regulatory regime compared with emerging markets.
Asian life insurers are potential buyers due to Australia's growing population and economy, and its stable regulatory regime compared with emerging markets. National Australia Bank Ltd sold ... considering spinning off asset management business Colonial.