London-listed debt funder Intermediate Capital Group, which holds a 4 per cent stake in Link Group, has struck a sale coordination with Pacific Equity Partners, sources told Street Talk on Wednesday.
The subsiding of products and services inside large wealth management companies needs to end before financial planners will be viewed as professionals, argues one of Australia's most prominent wealth industry executives.
Goldman Sachs has appointed bankers Marissa Freund and Olivia Brown as co-COOs of the M&A; Group for Goldman Sachs in Australia and New Zealand.
QBE Insurance Group has reported a 46 per cent drop in half-year profit to $US265 million.
The boss of the P2P lender said a recent forecast by UBS for industry growth is achievable given recent market traction.
Morgan Stanley and Morgans are running a bookbuild for a $125 million raising for Aveo Group.
He built an empire on human financial planners, but sees the rise of the machines.
Senior lenders in KKR & Co's mine site trucking company Bis Industries are seeking to appoint an adviser, sources told Street Talk on Tuesda...
Challenger has inked deals with Suncorp and ClearView Wealth that are tipped to turbo charge its booming annuities business.
Goldman Sachs has joined boutique adviser Highbury Partnership in progressing bidders through Spotless Group's laundries unit sale.
Unlimited access to business news and market insights across any device
Already a subscriber? Log in
