The Commonwealth's move follows National Australia Bank selling most of its life insurance business to Japan's Nippon last year. Next on the chopping block could be CBA's asset management business, with a strategic review announced to decide what to do next.
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.
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MANY may not be aware that the face of RHB Asset Management Sdn Bhd ... Prior to that, Eliza had worked in Australia with EPIC Securities as a research assistant and later joined National Australia Bank Ltd. During her tenure at the bank, she held various.
What's next, a utility firm to service ATMs? The Australian.
ANZ has been looking to exit wealth management for a while, following similar divestments at National Australia Bank and Commonwealth Bank ... One of the beneficiaries has been the Australian asset management sector, which is attaining scale by picking.
Shares of ANZ rose 1.34 percent, Commonwealth Bank was up 1.3 percent, Westpac was higher by 1.32 percent and National Australia Bank climbed 1.13 percent. In Japan ... Kathy Lien, managing director of foreign-exchange strategy at BK Asset Management.
Trading Day: live markets coverage; Stocks build on multi-month highs; plus analysis and opinion The Australian.
The Daiwa Securities Group unit will continue to pour resources into the mainstay wealth management business as well as investment banking . ... National Australia Bank and the U.K.'s Barclays have withdrawn from the market. Capitalizing on its strength.
Zacks Investment Research Downgrades National Australia Bank ... Week Herald.
PRISON authorities are examining whether drug lord Tony Mokbel should be moved out of his super-secure unit. Mokbel has spent almost all of the past decade .
off its global asset-management unit. Last year, National Australia Bank Ltd. (NAB.AU) agreed to a A$2.4 billion deal to sell control of its life-insurance business and Macquarie Group Ltd. (MQG.AU) sold its life business for an undisclosed price.
National Australia Bank Ltd. logo Zacks Investment Research upgraded shares of National Australia Bank Ltd. (OTCMKTS:NABZY) from a hold rating to a buy rating in a research report report published on Wednesday, October 4th. The brokerage currently has.
The big question for the outlook is why retail sales as a whole fell in August," Tapas Strickland, an economist at the National Australia Bank (NAB), wrote ... of foreign exchange strategy at BK Asset Management, said in an early-morning note.