Yesterday
UBS, Citi, ANZ and CBA navigate fraught Christmas parties
The investment bankers of Sydney held their year-end dos against a backdrop of complex contextual matters.
- Myriam Robin and Mark Di Stefano
This Month
Block trade rush trips up investment banks amid league table scramble
A number of massive sell downs in the last month have given equities teams an opportunity to jump up all-important rankings as they position for next year.
- Jemima Whyte and Kanika Sood
Goodbye, APA! UniSuper sells leftover $340m stake in pipelines giant
It’s been a block bonanza for fund managers and investment banks this week, as founders and institutional investors seek to cash out before Christmas.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Here’s the key ASX sector UBS is targeting in 2025
The ASX 200’s strong rise has been tinged with frustration for many investors because of the banks and miners. UBS is hunting in a different sector in 2025.
- James Thomson
November
Economists abandon hopes of RBA cutting rates in February
Economists at AMP, ANZ and Bank of Queensland have joined a chorus of forecasters expecting rate cuts no sooner than May.
- Alex Gluyas and Joshua Peach
Rich women top UBS wish list as it targets $46b in Australia
The bank is returning to wealth management Down Under after it exited almost a decade ago, tapping the Credit Suisse franchise it bought to make a renewed charge.
- Updated
- Harry Brumpton
White cleared at AGM; Healthscope cancels Bupa deal; Musk slams PM
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Where Goldman, UBS, JP Morgan and Morgan Stanley are investing in 2025
We read next year’s outlook statements from the world’s big banks so you don’t have to. Here are the gems we found.
- James Thomson
Former UBS real estate operative pops up at rival bank
Street Talk understands the investment bank has drafted in ex-UBS veteran and head of real estate sales and execution Tim Leahy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Peter Lee reveals the most loved analysts and traders of the year
The 2024 broker review is the result of interviews with more than 100 of Australia’s largest institutional equity investors.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
CBA exit hands $5b in assets to LGT Crestone
As first reported by Street Talk, CBA sold the Commonwealth Private business and its $5 billion in funds under management to LGT on Monday.
- Lucas Baird
Waste Services Group narrows to two-horse race; final bids loom
US private capital juggernaut The Carlyle Group and Pacific Equity Partners’ buyout team are both through to the final binding bidding stage.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Public servant wages rise to $232b at fastest pace in 15 years
UBS chief economist George Tharenou said public sector wages had more than doubled since 2008-09, keeping upward pressure on interest rates.
- Michael Read
October
Franklin Templeton hit by record outflows as clients ditch troubled Western unit
The group, which manages $2.6 trillion in assets, announced in August that the CIO of its largest subsidiary had been put on leave amid a probe by the SEC.
- Madison Darbyshire
Westpac splits from ABA; Attempted kidnapping; Next battle for offices
Read everything that’s happened in the news so far today.
Why Xi Jinping changed his mind on China’s fiscal stimulus
After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?
- Joe Leahy, Edward White and Cheng Leng
- Opinion
- Chanticleer
Big super is flooding the ASX with a record amount of money
For all the talk about private markets, our super retirement funds still love their bread-and-butter listed shares. But that’s not what is driving valuations.
- Anthony Macdonald
- Updated
- Executive shake-up
Olivia Wirth poaches from Qantas in Myer executive revamp
The department store’s executive chairwoman tells staff the changes will allow it to grow after years of declining revenue and profit.
- Updated
- Carrie LaFrenz
What about me? UBS, Credit Suisse tech integration misfires with advisers
Street Talk understands wealth advisers are fired up about a global edict that will keep them wedded to the Credit Suisse platform.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
Australia’s most powerful deal makers in 2024
If investors step up and hit the bid on those valuations, the market will see real momentum. If not, it will be the same painful conversation about dry powder next year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
