Yesterday
ANZ’s Nuno Matos reads riot act to staff, says culture must ‘pivot’
The newly installed chief executive has been holding a series of town hall forums and meeting government officials as he stamps his authority over the bank.
‘Simply fake’: The dossier that warned about Sanjeev Gupta
A report compiled by private investigators for Credit Suisse alleges the steel tycoon was a clear participant in major fraud, with trades that never happened.
This Month
China bars top US banker from leaving the country
The exit ban comes as tensions remain high between Washington and Beijing.
Student accommodation giant UniLodge on the block, UBS schools buyers
UBS has hit the ground running, reaching out to a handful of parties for the first round of the auction.
Three’s a crowd: bidder field narrows for Fonterra as Bega pairs up
Bega is advised by corporate advisory boutique Kidder Williams while FrieslandCampina has investment bank Citi in its corner.
Sellside mandates fly at Brookfield’s $3b La Trobe auction
Warburg Pincus bankering up is likely to put a rocket under rival bidders like CVC Capital Partners and Bain Capital.
Quadrant PE’s Aidacare hits the auction block: appoints bankers
Aidacare now makes about $80 million in earnings before interest, tax, depreciation and amortisation and is slated to fetch a sale multiple in the double-digits.
Investors see gold in Origin’s $15b tech play, sending shares soaring
Analysts had put a far lower valuation on Kraken, the cloud-based utilities software, than suggested in British media reports at the weekend.
June
Frozen yoghurt sensation Yo-Chi opens private funding round; taps UBS
The popular chain was making the rounds with potential investors last week, pitched as a healthy dessert alternative with $77 million in earnings forecast.
UBS Australia farewells Clinton Wong after two-decade stint
The UBS veteran has clocked up more than 20 years at the bank across a wide range of senior roles.
Billionaire bust-up spells trouble for decades old mining empire
The two octogenarian founders of global commodities giant AMCI have had a bitter falling out, and it has paralysed one of Australia’s most successful miners.
Former UBS sales trader clocks into Jarden
Jarden’s head of equities, John Spencer, is beefing up his sales and trading team.
Executives converge on Washington to halt Trump’s foreign investment tax
A provision in the budget bill would allow the US to impose additional taxes on companies and investors from countries that it deems to have punitive tax policies.
Why this $6.5 trillion investor is betting big on the $A
UBS believes the Australia dollar is one of the best ways to play the decline of US exceptionalism and the loss of faith in the world’s reserve currency.
PE player CVC has a sweet tooth for Arnott’s Asian arm
The KKR-owned business formally began reaching out to interested parties in April via sell-side adviser UBS.
May
UBS kicks off $880 million block trade in EBOS
The block trade of circa 26.7 million shares represented 13 per cent of the shares on issue.
How this couple grew a digital photo event business from $1000 to $5m
Husband and wife team Warwick and Carla Groves have built Guestpix into a global player with customers in 100 countries. And it started in their own backyard.
Brett Paton quietly exits Escala for son’s fund
The Melbourne dealmaker left the wealth manager. But he’s more than busy as chairman of PointsBet.
Celtics deal a slam dunk as investors cheer Catapult result
Catapult Sports shares hit record highs on Wednesday as its CEO said increased investment in professional sports team would drive demand for its products.
Barrenjoey’s burrito orders are coming from inside the house
It was written in the stars – the investment bank’s lobby at it’s Bridge St HQ will soon feature a Guzman y Gomez.