David Solomon, the New York-based president and co-chief operating officer of Goldman Sachs , echoed the comments of business leaders in Australia , such as Seek chief executive Andrew Bassat, who have urged companies to confront the serious implications.
SYDNEY (Reuters) - Goldman Sachs Asset Management (GS.N) is considering the sale of its Australian equities and fixed income businesses, people familiar with the plans said on Wednesday, as it looks to exit one of the country's most intensely competitive.
to finews.asia «Jason Moo has been appointed CEO of Goldman Sachs Singapore Pte., one of our legal entities in Singapore. Jason retains his role as the regional manager for South East Asia and Australia at Goldman Sachs Private Wealth Management.
In Australia , ANZ is working with Goldman Sachs to divest its wealth division, while Commonwealth Bank is selling CommInsure and Sovereign through JPMorgan. ... Its funds manager Hastings could soon be offloaded to property investor Charter Hall.
The Goldman Sachs -run ANZ sale has been under way for most of the year. Final bids are due in the next fortnight. ... Essentially, the buyer will create the financial and wealth management products that will be sold under the ANZ's brand. The products.
The central bank is losing confidence that Australia's hot property market is cooling enough, particularly in Melbourne and Sydney, an economist says. Minutes from the Reserve Bank of Australia's August meeting - at which it decided to leave the cash.
Stéphane joined Lombard Odier in July 2009 as Global Head of Fixed Income and Currencies for Lombard Odier Investment Managers, the asset management business of the Group, where he also held the position of Deputy Chief Investment Officer from July.
ANZ: Strong 3Q Earnings; Goldman Sachs Likes What It Sees ... Australia and New Zealand Banking Group (ANZ) unveiled a strong third quarter update on Tuesday. ... The bank reported customer growth of 2.3% and net lending asset growth of 2% during the.
Listed dairy company a2 Milk is entering the contest to buy Murray Goulburn, according to sources, and it has drafted in investment bank Goldman Sachs as an .
Desperate for something that pays better than basic government bonds, insurance companies, asset managers and high-net worth investors are scooping up investments like synthetic CDOs, bankers say, which had largely become the preserve of hedge funds.