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The sale to the US private equity firm completes a six-month strategic review of the ASX-listed company, which morphs into a pure-play asset manager.
The bank boss said comments by Apollo Capital Management should force an urgent rethink on regulatory rules for super funds.
The tollroad group is cutting costs and jobs as it tries to keep dividends at current levels, chief executive Graeme Bevans says.
The Swiss investment bank is beefing up its leverage and debt capital markets business, naming Brooke Johnston as head of corporate lending and structured solutions.