09/03/2020

Westpac wealth biz worth up to $2.6b: CS

Credit Suisse said it expects most of the assets under review to be put up for sale and said the portfolio could be worth $3.3 billion to $4.8 billion.

09/03/2020

Wealth industry headed for supermarket-style duopoly

The developments may trigger a major re-organisation of Australia's wealth management industry, which is still reeling from the damning findings of the Hayne royal commission and the retreat of the once-dominant big four banks from the sector.