12:00AM | Brendan Swift | The Australian Financial Review
Fund manager Perpetual has warned its operations will continue to be hurt by the global liquidity crisis after posting its first annual profit fall in more than a decade.Perpetual chief executive David Deverall said the sell-off across global markets was the "most savage" he had seen as Australian investors experienced their worst returns in a generation.
12:00AM | Matthew Drummond with Andrew White | The Australian Financial Review
Details of Australia and New Zealand Banking Group's highly confidential investigation into its dealings with collapsed stockbroker Opes Prime have been given to Melbourne businessman Paul Choiselat, providing him with a major boost in his test case against the bank.
12:00AM | Brendan Swift | The Australian Financial Review
Perpetual's highly regarded asset management team received an extra $15 million in bonuses due to their funds' relatively strong performance even though investors withdrew money in the fiscal year.
12:00AM | Nina Wan | The Australian Financial Review
Plans to delist Macquarie Capital Alliance Group received overwhelming support yesterday as shareholders voted to sell out of the underperforming private equity vehicle in an $840 million deal.
12:00AM | James Chessell | The Australian Financial Review
The founder of consumer finance house Aussie, John Symond, has moved quickly to assure staff and lenders that his business will retain its independence even if it sells a minority stake to Commonwealth Bank of Australia.
12:00AM | Jane Searle | The Australian Financial Review
Mortgage Choice said yesterday it had held discussions with other potential buyers after it rejected a takeover bid by financial planning network Count Financial.Despite a flat property market, a shrinking lender panel and bank commission cuts, the home-loan broker insisted its business model remained robust and reiterated its desire to remain independent.
12:00AM | Eric Johnston | The Australian Financial Review
Many of Babcock & Brown's foundation investors bailed out well before the recent rout, writes Eric Johnston.
12:00AM | Anthony Hughes NEW YORK | The Australian Financial Review
Macquarie Group has made another bold move into the heartland of its US investment banking competitors by buying a well-established Chicago-based futures broking businesses.
12:00AM | Jane Searle | The Australian Financial Review
Hedge fund company HFA Holdings is touting a brighter outlook than its more traditional share fund manager rivals, claiming it could stay profitable in a volatile market.
12:00AM | Sally Patten, Zoe Fielding, Madeleine Koo | The Australian Financial Review
David Liddy stays on
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