Jarden investment bank eyes cash injection as FirstCape passes shareholder vote

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 90%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Jarden’s wealth management arm moved a step closer to a tie-up with JBWere and NAB’s wealth management businesses

Already a subscriber?Jarden Group’s shareholders overwhelmingly voted in favour of selling its New Zealand-based wealth and asset management business, providing much-needed capital into the business, and a greater share of cash for its Australian investment bank.

The transaction, which valued FirstCape at $NZ700 million , still required regulatory approval.Louise Kennerley Jarden said on Thursday that FirstCape will house 113 wealth advisers, $NZ29 billion of funds under advice and $NZ15 billion of funds under management , which includes $NZ5 billion of KiwiSaver FUM.The sale comes at a crucial time for its local investment bank. Spearheaded by co-chief executives Sarah Rennie and Aidan Allen, Jarden’s Australian arm dragged down profits for the broader group after the investment bank logged an $NZ8.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Investment banking secrets from Barrenjoey, Deustche Bank, ABN Amro and Jarden revealed in the novel High Heels and Low Blows by Jill ValentineAfter 20 years at the likes of Barrenjoey, Deustche Bank, ABN Amro and Jarden, Jill Valentine explores leadership styles, drug-fuelled parties and the dark art of “blue hushing” in her fiction.
ソース: FinancialReview - 🏆 2. / 90 続きを読む »

Jarden’s Sarah Rennie on moving to a start-up and why investment banking is becoming more female-friendlyJarden co-chief executive Sarah Rennie discusses taking the plunge on a start-up and why investment banking is becoming more female-friendly.
ソース: FinancialReview - 🏆 2. / 90 続きを読む »

Jarden’s Sarah Rennie on moving to a start-up and why investment banking is becoming more female-friendlyJarden co-chief executive Sarah Rennie discusses taking the plunge on a start-up and why investment banking is becoming more female-friendly.
ソース: FinancialReview - 🏆 2. / 90 続きを読む »

Investment banking secrets from Barrenjoey, Deustche Bank, ABN Amro and Jarden revealed in the novel High Heels and Low Blows by Jill ValentineAfter 20 years at the likes of Barrenjoey, Deustche Bank, ABN Amro and Jarden, Jill Valentine explores leadership styles, drug-fuelled parties and the dark art of “blue hushing” in her fiction.
ソース: FinancialReview - 🏆 2. / 90 続きを読む »