Insight Investment Appoints Head of Adviser Distribution

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Insight Investment Appoints Head of Adviser Distribution Insight Investment, a $893 billion (AUD) global investment manager, part of BNY Mellon Investment Management has appointed Rob...

Credit Suisse Cuts Jobs in Australia

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Credit Suisse Cuts Jobs in Australia Credit Suisse’s local deputy Head of Equities Research and Senior Metals and Mining Analyst Paul McTaggart has left the...

ANZ to Narrow Buyers for Wealth Business

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ANZ to Narrow Buyers for Wealth Business ANZ has narrowed a list of companies for its wealth unit which could be worth more than A$4...

Commonwealth Bank of Australia to Review Life Insurance Unit

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Commonwealth Bank of Australia to Review Life Insurance Unit Commonwealth Bank of Australia is considering options for the life insurance business, which could include a...

UBS Asset Management Oversees $17 Billion in Passive Investments for AMP Capital

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UBS Asset Management Oversees $17 Billion in Passive Investments for AMP Capital UBS Asset Management will oversee $17 billion in passive investments for AMP Capital...

Global Private Banks Managed $21.1 Trillion AUM in 2016

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Global Private Banks Managed $21.1 Trillion AUM in 2016 The total private banking market is estimated to be $21.1 trillion in 2016, according to the...

Commonwealth Bank of Australia to Resolve AML / CTF Proceedings with $700 Million Settlements

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Commonwealth Bank of Australia to Resolve AML / CTF Proceedings with $700 Million Settlements Commonwealth Bank of Australia (CBA) has entered into an agreement to...

Ex-NAB Banker Joins Family Office

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Ex-NAB Banker Joins Family Office Nicholas Lipscombe joins the private wealth firm Myer Family Company as Head of New South Wales operations. He has years...

Deutsche Bank Appoints New CEO of Australia Operations

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Deutsche Bank Appoints New CEO of Australia Operations  Anthony Miller has been appointed as Chief Executive of Australia operations to replace retiring CEO Michael Ormaechea. "Miller...

Two of Australia’s Richest Families to Merge their Family Offices

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Two of Australia’s Richest Families to Merge their Family Offices Two of the nation’s richest families, the Myer and Baillieu families, are planning to merge...