07/19/2012

China buys into Canada

Given Canada’s natural resources potential, China has looking here for investment opportunities.

07/17/2012

Premium and The Emerald Club form alliance

Under the terms of the arrangement, Premium has taken a 25 per cent stake in the group, with Premium chief executive Paul Harding-Davis and Michelle Brisbane (a financial adviser with Ethical Investment Services) joining Emerald's board.

07/16/2012

UBS rolls over unique Australia banker bonus deal

Bonuses often make up the majority of pay for senior investment bankers, with managing directors at most major Western banks usually in line to make around $1 million or more a year.

07/15/2012

AIA, Manulife crunch numbers as final ING bids loom

ING is selling its Asian life insurance and its asset management units in the region as it needs to repay bail-out funds it received from the Dutch government during the 2008 financial crisis.

07/15/2012

SWFs go shopping for managers

The asset management arms of banks, many of which are keen to sell, are likely to head the list of acquisition targets.

07/15/2012

Macquarie Private Wealth grows its financial advice numbers

Angela Hayward, Tom Maxwell, Mark O'Flynn and Steven Menyweather have all been appointed private client advisers for the Brisbane team, while Katerina Gagliostro and Wesley Hui have joined the office as associate advisers.

07/15/2012

Citi awarded title of 'Best Bank in Asia'

The award process is increasingly more competitive and for Citi to continue to win the best bank award is a reflection of Citi's continued commitment, growth and investment in Asia.

07/15/2012

Danger of sign-on bonus expectations

Increased adviser poaching by means of large sign-on fees could result in a growing expectation such bonuses will remain, a number of recruiters said.