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UBS’ acquisition of Credit Suisse has meant that the Swiss bank will return to Australian wealth management, and its financial advisers will move into its Melbourne offices next Monday.
HSBC is the latest bank to move private wealth advisers to Sydney, but global banks have a history of dipping in and out of the country.
Josh Frydenberg has abandoned plans for a political re-entry, choosing instead to deepen his corporate roots as the newly-appointed chairman of Goldman...
Sources who could not speak publicly said they expected Frydenberg would today make an announcement about his decision to avoid another battle against Monique Ryan.
Having joined the investment bank last July, former Treasurer Josh Frydenberg has been promoted to a senior role on the board of its Australian division.