05/09/2017

Westpac CEO Brian Hartzer defends bank’s wealth unit BT

Mr Murray, a former chief executive of the Commonwealth Bank, told The Australian he felt the holding company structure, where banking and wealth management was separated into two different subsidiaries, could be better.

05/09/2017

OCBC Gets Barclays Boost

The robust year-on-year performance was largely driven by sustained growth in wealth management income, higher profit from insurance operations as well as increased earnings in local currency terms from all of the Group’s overseas banking subsidiari

05/05/2017

Macquarie boosts AUM, earnings flat

Assets under management on Macquarie Group's investment platform jumped 24% to $72.2 Macquarie's total AUM, which includes infrastructure, real estate and fixed income investments reached $481.7 billion, inched 1% on the prior year.

05/04/2017

NAB Wealth growth steady

The division comprises independent third-party advice, including mortgage brokers as well as more than 1800 aligned financial planners.

05/04/2017

HSBC Sees Profits Fall

In February the London based but Asian centric bank, reported a much worse than expected set of full year results for 2016, marred by hefty writedowns and costs from its restructuring efforts.