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JP Morgan to buy ANZ custodian business
ANZ Banking Group Ltd will sell its custodian services business to US Banking giant JP Morgan as the Australian lender moves to focus on its core markets in the Asia Pacific region."Custodian...
- AAP Friday November 20, 07:16 PM -
PGG Wrightson capital raising to be followed by board changes
PGG Wrightson has unveiled a $249.4 million recapitalisation to be followed by a boardroom shake-up reflecting radically-altered ownership.The rural services firm said it is raising enough money to...
- NZPA Friday November 20, 03:49 PM -
PGG Wrightson aiming to raise $180.7m
Rural services company PGG Wrightson is planning to raise $180.7 million through a fully underwritten renounceable rights issue.Shareholders would be entitled to subscribe for nine new shares for...
- NZPA Friday November 20, 11:50 AM -
Trading halt on PGG Wrightson shares
Shares in rural services company PGG Wrightson have been placed on a trading halt, and the company has called a briefing at noon today in Auckland.Last month it was announced that Beijing-based Agria...
- NZPA Friday November 20, 11:41 AM -
Goodman close to commercial unit sale
Goodman Fielder Ltd says the trading outlook for 2009/10 is "encouraging" as the food group moves closer to selling its commercial industrial business.Managing director Peter Margin told...
- AAP Thursday November 19, 07:26 PM -
ANZ appoints Anne Weatherston CIO
Anne Weatherston has been appointed chief information officer for ANZ Banking Group Ltd, reporting to chief executive Mike Smith.Ms Weatherston spent the last four years as Bank of Ireland's...
- AAP Thursday November 19, 01:41 PM -
TrustPower signals bond sale
TrustPower Ltd is signalling a sale of five-year bonds and will also sell seven-year bonds, if there is demand.ANZ and Craigs Investment Partners have been appointed lead managers of the proposed...
- NZPA Wednesday November 18, 05:13 PM -
AMP Spins The Same Line On AXA Bid
AMP Ltd CEO, Craig Dunn, said yesterday that if a merger with Axa Asia Pacific Holdings Ltd's Australia and New Zealand units went ahead, it would allow the company to improve its scale and cost...
- Australasian Investment Review Wednesday November 18, 10:30 AM -
City Telecom FY09 Annual Report - Journey to the Fibre Age
HONG KONG, Nov. 17, 2009 (GLOBE NEWSWIRE) -- City Telecom (HK) Ltd. ("City Telecom") (Nasdaq:CTEL) (HKSE:1137), 2009 marks the 10th anniversary of the incorporation of Hong Kong Broadband Network...
- Globe Newswire Tuesday November 17, 11:07 PM -
ANZ increases size of hybrid share issue
ANZ Banking Group has increased the size of its convertible preference share offer following strong investor demand.ANZ said on Tuesday it now intends to issue approximately 17 million hybrid...
- AAP Tuesday November 17, 10:03 PM -
AMP boss reiterates value of AXA deal
AMP Ltd chief Craig Dunn has not ruled out sweetening an $11 billion proposal to merge with AXA Asia Pacific Holdings Ltd (AXA APH), but says the deal is not vital to his company.The value of the...
- AAP Tuesday November 17, 09:07 PM -
AMP ups employer contribution to superannuation
AMP is increasing its employer contribution to employee's superannuation to 12 percent by 2014, chief executive Craig Dunn said.In Australia, employers make a compulsory contribution of 9 percent of...
- NZPA Tuesday November 17, 04:32 PM -
Shell NZ assets chance for improvement - Infratil
Infratil is emphasising it has no need or intention to raise equity to fund its share of a proposed bid for Shell NZ's energy distribution and refining assets.Infratil and the NZ Superannuation Fund...
- NZPA Tuesday November 17, 03:40 PM -
Infratil posts $31.4m half-year loss
Infrastructure investor Infratil reported a half year loss of $31.4 million, affected by asset impairment and revaluation of financial instruments.The company today said its operating surplus for the...
- NZPA Tuesday November 17, 10:05 AM -
ANZ Banking Group CEO takes a pay cut
ANZ Banking Group chief executive Mike Smith had a 16 per cent pay cut in fiscal 2009 to $10.9 million, but the bank says he actually received half that amount.The bank's annual report released...
- AAP Monday November 16, 08:54 PM
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