Mike Taylor looks at the ACCC's report on NAB's and AMP's bids for AXA Asia Pacific, as well as industry consolidation in general....
The ACCC has raised concerns about NAB's bid for AXA Asia Pacific, focusing on the platform market....
The ACCC will release its findings on AMP’s now defunct bid for AXA AP today. The report is expected to give an indication of the areas of concern that may affect the NAB...
AMP is in no rush to up its bid for AXA Asia Pacific, according to a Credit Suisse analyst....
While much of the debate around NAB/MLC’s acquisition of AXA Asia Pacific has focused on who controls which dealer group, Mike Taylor argues that control of the platforms...
The global recession generated by the sub-prime crisis has served to reinforce the dominance of Australia’s major banks across almost all segments of the nation’s financi...
Control of the Australian platform market has nearly halved in the past four years to be dominated by three of the nation's big four banks, a situation that would be exac...
Employment issues should be considered alongside competition in the acquisition of AXA AP....
While some might argue mergers and acquisitions activity has not significantly altered the competitive dynamic of the nation’s financial services industry, it has certain...
CoreData research has confirmed that the major banks are dominating the mortgage market, with Westpac and Commonwealth Bank holding 48.9 per cent of all outstanding resid...
Australia's competition regulator has moved to punish a mortgage franchiser who claimed he had a special deal with the regulator....
Proposed acquisition to increase NAB's share of mortgage market by less than 1 per cent....
When the National Australia Bank (NAB) late last month announced its acquisition of Aviva’s wealth management business, its documentation lodged with the Australian Secur...
The Australian Competition and Consumer Commission appears to have set a precedent by granting a conditional immunity from prosecution that enables the Mortgage and Finan...
But other acquisitions may not get same leeway....
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...