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Barrenjoey, a top investment bank in Australia, is advocating for a faster process to get companies listed in Sydney. They propose a US-style application system that keeps some key details confidential, which they believe would attract more high-quality investors and help complete an IPO within two weeks. While stock listings in Australia and New Zealand have shown signs of recovery this year, Barrenjoey believes more can be done to improve the process for businesses wanting to go public. The proposal has received cautious interest from the nation's securities regulator, who is open to ideas for making the process more efficient. [Extracted from the article]

Australia's Covid recovery gives banks a head start Particularly important has been Australia's pension sector, worth A$3 trillion ($2 trillion) before the Covid crisis hit valuations; it is among the largest asset pools in the world despite Australia's relatively small population. Correspondingly, the early moments of the crisis in Australia were characterized by support from Australian equity investors to recapitalize balance sheets, while the US saw a greater proliferation of debt raisings and convertibles. "It is a little early to be saying: 'Hey, look at Australia, we've done well and we have some advantages here in terms of capital and investment,'" says John Pickhaver, co-head of Macquarie Capital for Australia and New Zealand. [Extracted from the article]

Hello Australia, it's Jackie here and this is what's happening around our region this morning: Health Check: Australia's deals boom rolls on with the country's largest private hospital operator in play. Beijing said both countries signed the agreement, which could allow China to deploy security forces to the South Pacific nation. Signed Off: Shifting gears to an entirely different kind of deal - a push to scrap a security pact between the Solomon Islands and China didn't work out. [Extracted from the article]

The article discusses a court case relating to exclusion of fiduciary duties in the context of commercial and financial services. It focuses on the problems of determining what counts as the minimum consent necessary to exclude fiduciary obligations as disputed in the case filed at the Federal Court of Australia. It presents an analysis on a case in which an investment bank took actions that were conflicting with its client's interests.

This article focuses on the business planning of Newbridge Capital Inc., one of Asia's most active buyout investment firms. In July, the Indian authorities blocked Newbridge's quest to become a significant shareholder in India's Global Trust Bank. In the same month, Newbridge's attempt to be the second foreign investor in China Minsheng Bank was thwarted. By the end of October, the private equity firm had suffered a similar fate in Australia and Japan. Newbridge's setback in being able to increase the number of its portfolio companies is far from being just the misfortune of a private equity firm. It is, in fact, a statement that draws attention to the competitive forces in the Asian private equity market, as well as the human and regulatory factors. In the buyout segment, global firms and occasional players are now a force in Asian private equity. In the period under survey, they took up 24% of the $21 billion buyout transaction aggregate.

(Bloomberg) -- Australia's economy may have shrunk slightly in the three months through June, setting up the bad "optics" of a technical recession when combined with the lockdown-induced contraction expected for the current quarter, according to Citigroup Inc. and AMP Capital Investors Ltd. While the economy performed pretty well in the second quarter, a fall in net exports is likely to be among factors that drag gross domestic product negative, Citi's Josh Williamson and AMP's Shane Oliver said ahead of Wednesday's release. [Extracted from the article]

CBA last week said home-loan deferral numbers at the end of July were much smaller than at the same time last year. (Bloomberg) -- Australia's economy is well positioned to rebound once prolonged stay-at-home orders in Sydney and regional lockdowns lift as households and firms are stronger than at the start of the pandemic, according to the nation's top banks. Business lending is still strong and the bank is seeing very low numbers of business loan deferrals so far. [Extracted from the article]

(Bloomberg) -- Australia's economy is well positioned to rebound once prolonged stay-at-home orders in Sydney and regional lockdowns lift as households and firms are stronger than at the start of the pandemic, according to the nation's top banks. "If you compare this lockdown wave to last year, we had Virgin teetering on collapse", said Chris Wyke, co-CEO of boutique investment bank and asset manager MA Financial. [Extracted from the article]

"If you compare this lockdown wave to last year, we had Virgin teetering on collapse", said Chris Wyke, co-CEO of boutique investment bank and asset manager MA Financial. (Bloomberg) -- Australia's economy is well positioned to rebound once prolonged stay-at-home orders in Sydney and regional lockdowns lift as households and firms are stronger than at the start of the pandemic, according to the nation's top banks. [Extracted from the article]

And yet here was Catherine McCormack, trading a plum job at Goldman Sachs Group Inc. in New York for a finance job back home -- in Australia. The Kiwi bank hired Sarah Rennie to lead its equity capital markets business last year, creating the perfect opportunity for New York-based Ian Taylor to come back to Sydney to fill the role at Goldman Sachs. [Extracted from the article]

(Bloomberg) -- Nomura Holdings Inc. announced businesspartnerships at home, Australia and New Zealand asJapan's biggest brokerage seeks to move past a $2.9billion hit from the implosion of Archegos CapitalManagement. It also struck up analliance with investment bank Jarden Securities Ltd. toprovide services such as stock and bond underwriting forclients in Australia and New Zealand, it said in separatestatements on Monday. [Extracted from the article]

(Bloomberg) -- The uproar triggered by allegations of sexual assault in Australia's parliament has fueled a push for change that is likely to be sustained, according to the head of the nation's Women in Banking and Finance association. How Workplace Sexism Is Roiling Australian Politics: QuickTake "These guys are all mobilized around what we need to do to create opportunities for women, in a way that I've never seen before", said Dalitz, who's worked in the diversity area for more than a decade. [Extracted from the article]

Justin Dwyer, a UBS managing director focused on private equity deals, was the latest to join Barrenjoey Capital Partners on Monday, a move confirmed by a representative of the Swiss bank. UBS has also lost staff to Auckland, New Zealand-based Jarden, which opened in Australia last year and also counts former senior UBS executives Aidan Allen, Robbie Vanderzeil and Sarah Rennie as leaders. [Extracted from the article]

Justin Dwyer, a UBS managing director focused on private equity deals, was the latest to join Barrenjoey Capital Partners on Monday, a move confirmed by a representative of the Swiss bank. UBS has also lost staff to Auckland, New Zealand-based Jarden, which opened in Australia last year and also counts former senior UBS executives Aidan Allen, Robbie Vanderzeil and Sarah Rennie as leaders. [Extracted from the article]

(Bloomberg) -- Credit Suisse Group AG's vice-chairman for investment banking and capital markets for Australia Mark Carlile has left the bank, according to people familiar with the matter. Carlile left less than a year after he was elevated from co-head of investment banking and capital markets in the region. [Extracted from the article]

(Bloomberg) -- Executives in Australia and New Zealand are getting more surprise takeover proposals than ever as suitors spot bargain hunting opportunities in pandemic-depressed valuations. Australian fund services provider Link Administration Holdings Ltd. received a proposal from U.S. tech firm SS&C Technologies Holdings Inc. after getting an earlier offer from a consortium including Carlyle Group Inc. and Pacific Equity Partners. The uptick of uninvited offers also comes along with a recovery of dealmaking activities in Australia and New Zealand. [Extracted from the article]

(Bloomberg) -- Some of the world's biggest investment banks are deploying their financial muscle to help Australia cope with deadly wildfires, joining a growing list of companies and celebrities who have donated tens of millions of dollars to disaster relief. Celebrity pledges have come from stars such as Elton John, Chris Hemsworth, Bette Midler and Nicole Kidman. [Extracted from the article]

(Bloomberg) -- When Rachel Farrell took charge of JPMorgan Chase & Co.'s asset management unit in Australia in 2017, it was a minnow swimming in the world's fourth-largest pool of pension savings. Global investment banks have traditionally failed to crack Australia's lucrative wealth and pension-management industry, making JPMorgan's rapid growth a rare win. [Extracted from the article]

The return to full operations of Vale's Brucutu mine may not be enough for a major iron ore price downturn amid supply cuts in Australia and high demand from China, investment bank analysts said on Wednesday June 19. [ABSTRACT FROM AUTHOR]

The article focuses on the trend of investment banking within the realm of deal and acquisition counseling in Australia. It points out that competition among independent and integrated investment bankers/ advisers has stirred. It accounts on the futile deal between BHP Billiton Ltd. and Rio Tinto with Gresham Partners as its adviser. It also discusses the acquisition advisory roles of UBS AG and Caliburn Partners. An overview of the deal which involves Qantas Airways Ltd. is also presented.

The article reports that Australian funds management firm MFS Group has been growing so fast that some have criticized its deal-making technique but management headed by chief executive Michael King is confident of its strategy. The company's strategy is to profit from funds management for property assets and other businesses it manages and raise investment bank income. INSET: INVESTMENT VIEW..

The article examines the conflict of interest faced by investments banks in Australia in terms of choosing whether to prioritize their corporate clients or favor private equity companies. According to the author, investment bank advisory groups are facing increased pressure since the increase in the number of private equity firms competing against companies for acquisitions in the country. The implication of the trend on individual advisers is discussed.

The article focuses on the decision of more and more companies to sign up with deal-hungry investment banks despite the risks involved with it in the financial services industry in Australia. A survey have shown that most companies have high levels of confidence among corporations operating in an environment of low interest rates, plentiful liquidity, and economic growth. Investment banks are expecting boom times as they provide more and more services to confident corporate customers. UBS AG has emerged as the top investment bank.

This article presents an update on the financial performance of two Australian-listed investment banks, Babcock & Brown Ltd. and Macquarie Bank, as of July 2005. Since moving its corporate base from San Francisco to Sydney in 2004 and listing on the Australian Stock Exchange, Babcock & Brown has enjoyed spectacular success, setting a frenetic pace of deal-making and delivering earnings well above its prospectus forecasts .The bank's 400 staff will take home an average A$700,000 (US$538,000) each in fiscal 2005, according to some analyst estimates, making them among the best-paid banking staff in the world and the envy of their peers. And Babcock & Brown shareholders have reason to smile, too. Even as its chairman, James Babcock, announced another upgrade in earnings during his annual address, the stock jumped 8%, adding A$20 million to Babcock's net wealth as he spoke, and A$230 million to the company. Macquarie Bank has set the pace in the creation of specialist funds, and its stock is also benefiting, having risen more than 70% over the course of 2004-05. Macquarie has been equally relentless. In the 12 months to March 31, its most recent fiscal year, its funds under management jumped a massive 42% to A$89 billion as it poured money into infrastructure assets through its specialist funds. It raised A$13.8 billion in capital to help fuel the expansion of its specialist funds, which have grown ten-fold to A$44 billion in the space of five years. In the past year, it collected management fees of A$388 million and performance fees of A$312 million from its specialist funds, a result that CEO Allan Moss conceded was "extraordinary". INSET: Birth of a banking raider.

Reports on the potential growth in mergers and acquisition of companies in Australia. Percentage of companies considering oppurtunities overseas; Plan of companies to expand through acquisitions in more than one market; Attitude of companies to investment banks.

Focuses on the consolidation of major investment bank operators in Australia. Banks which closed their operations as a result of consolidation; Perspectives given by Stephen Roberts, chief executive of Citigroup Global Markets Australia, on bank consolidations; Dominance of big investment banks; Global investment bank's introduction of Australian companies to the overseas debt markets. INSETS: Mergers aplenty.;Foreign affairs.;Why overseas credit appeals..

Focuses on big banks' restructuring of their private banking services in Australia. Investment strategies of private banks; Investment banks' focus on mass-affluent clients; Resources that financial institutions put into their clients.

Focuses on the proposed inquiry into investment banks by the Australian Securities & Investments Commission to ensure that research analysts do not give biased advice to investors. Basis for instituting the inquiry; Assessment of conflicts of interest between investment banks' corporate division; Allegations levied on various investment banks in Australia; Efforts made to improve independence of research analysts.

This article discusses challenges faced by Australian investment bank Macquarie in 2002. Macquarie's funds do not make up a large proportion of group revenue, or weigh down its balance sheet to any serious extent. However, they do ensure a strong flow of investment banking fees. Flaws on the fund management side of the business would raise serious concerns about the entire business model. It is perhaps not surprising then that Macquarie's stock, which was trading at around A$30 in June, has fallen from a high of A$41 in September 2001 down to around A$25 in recent weeks, while its newly listed domestic airports fund, Macquarie Airports, has lost its three quarters of its share price value since its April listing, dropping from an initial A$1 per share to a low of 25 Australian cents. INSET: The ins and outs of fees.

Discusses economic issues surrounding foreign investment banks in Australia. Factors which contribute to the decision of foreign firms to reduce its operations; Problems being faced by Merrill Lynch Australia; Views of Chris Mackay, chief executive officer of UBS Warburg, on staff dismissals and business selling activities; Impact of economic pressure on Credit Suisse First Boston. INSETS: THE YEAR AHEAD;DISCOUNTERS UNDER PRESSURE.

Credit Suisse has hired Brett Ryman to its investment banking and capital markets (IBCM) team in Australia, according to a memo seen by GlobalCapital Asia. [ABSTRACT FROM AUTHOR]

Focuses on Wall Street-based investment banks' business operations in Australia's capital markets as of September 24, 1999. Companies' efforts to expand their securities businesses in the country; Problems faced by the American finance companies operating in Australia. INSETS: U.S. mutual funds now on the local menu.;Locals beat the Wall Street boys on M&A..

Reports on the proposed merger of National Mutual and Lend Lease/MLC in Australia. Concern in the industry over the agreement in principle; Question of whether MLC will maintain its distinctive investment style; Differing styles of the two companies; Benefits of the deal; Comments from executives of both companies; Statistics on both companies' financial investment products.

The Australian market is firmly established in the Asia-Pacific region as one of the largest equity markets after Japan and Hong Kong. Moreover, the currency and equity markets turmoil in Asia has cemented Australia's reputation as the lowest risk equity market in the region. In a Merrill Lynch-Gallup survey of Asia-Pacific fund managers, there were 58% more positive than negative on Australian equities. The breadth and depth of the Australian equity market will be significantly boosted in the next two years by expected new capital raisings in telecommunications, insurance, property trusts and tourism. The equity market is adapting to the globalization of world equity markets and the Australian Stock Exchange has taken a number of measures that it hopes will attract high quality companies to list on the exchange.

The article presents information related to Asian syndicated loans. The borrower of Asian syndicated loans from Australia are Australian Petroleum, Southcorp Holdings Ltd., Shenyang Traders Hotel, Guang Xin Enterprises and Huitong International Trust & Investment Corp. The borrowers of the loans from Hong Kong are Wheelock, Mass Transit Railway Corp. (MTRC), Hutchison Whampoa and Gold Wheat Investment. In Indonesia, the borrowers are PT Suryaraya Rubberindo Industries, PT Suryacipta Swadaya, PT Duta Anggadia Realty and PT Sunson Textile Manufacturer. In India the borrowers are Reliance Industries and Indian Petrochemical Corp. Japan's Toyota Motor Credit Corp., Toyota Motor Credit Corp., and Hitachi Shinpan are the borrowers. Korean companies involved are Korea International Merchant Bank, LG Semicon, Undisclosed Korean bank, LG Electronics, Daewoo Heavy Industries Yantai and Hyundai Engineering & Construction.