Michael West

AMP mulls $4b ANZ deal

Michael West and Ian Verrender AMP is considering a deal that would deliver ANZ a controlling stake, in return for the bank's ING wealth management business.

Councils to sue over toxic debt

Michael West More than two years after the subprime crisis froze world credit markets, superannuation accounts have been dragged deeper into the morass of financial loss and legal recrimination.

Councils sue after $18.5m investment 'imploded'

Michael West Twelve councils in NSW are bringing actions against Local Government Financial Services, the body that invests council workers' superannuation, for misleading and deceptive conduct and breach of...

Swans take a blow to their bottom line

Michael West THE Sydney Swans have followed up a disappointing year on the field with an uninspiring performance off the field, yesterday unveiling a loss of $752,428 for the year to October.

Walker to step down from Fairfax

Dan Oakes, Michael West and Stuart Washington Fairfax Media chairman Ron Walker is expected to step down at the company's annual meeting in November.

Walker to step down as Fairfax chairman

Dan Oakes and Michael West THE chairman of Fairfax Media, Ron Walker, is expected to stand down at the Fairfax annual general meeting in November.

Marinya cold on Corbett as Fairfax chairman

Michael West and Stuart Washington Prospect of former Woolworths boss Roger Corbett chairing Fairfax Media receives setback with influential investors considering him too close to current chairman Ron Walker.

Telco's break-up good for consumers, bad for shareholders

Michael West The Government's decision to split Telstra may prove a boon to consumers but has incensed shareholders of the telecommunications company.

Little consolation for angry shareholders

Michael West THE break up of Telstra may prove a boon to consumers but has incensed shareholders who had no inkling when they acquired shares in the privatisation that their investment would be split.

Wheeler-dealers laughing all the way to the bank

Michael West THE party rolls on. Just one year after the collapse of Lehman Brothers, and the most tumultuous days in the markets since the Great Depression, the bonuses are back, the debts have shifted from...

Myer test case for market

Michael West If the department store float tanks, it will have serious consequences.

Are our custodians doing their jobs properly?

Michael West Custody is like flying a jumbo jet: not much ever goes wrong, but when it does ...

ASIC puts urgent stop order on funds

Jamie Freed and Michael West ASIC yesterday issued an urgent interim stop order forcing Trio Capital to remove the product disclosure statements for its Astarra Managed Funds from its website.

Grinning all the way to the bank - until watchdog started sniffing

Jamie Freed and Michael West IT WAS a case of the little fund that could. During the height of the global financial crisis, as cashed-up investors were reeling in a world of financial pain, the Astarra Strategic Fund somehow...