This Month
Citi hires senior metals and mining analyst
Thiago Ojea is relocating to Citi’s Sydney offices after working at Apex Capital in Brazil, where he was a partner and senior analyst focused on global commodities.
Estee Lauder in talks to combine with Jean Paul Gaultier owner Puig
The deal would create a fashion and beauty powerhouse. Between them, the two firms generated more than $28 billion in sales last year from a host of top brands.
Citi hires Goldman Sachs healthcare banker as Katrina Efthim exits
Ben Bartholomaeus is jumping ship to head up Citi’s healthcare advisory for Australia and New Zealand.
CBA, Westpac chiefs warn society must be brought along for the AI ride
Matt Comyn and Anthony Miller know their institutions stand to benefit hugely from effective AI deployment, but are worried about the sector’s “PR problem”.
Big dawg Blackstone bankers up for Real Pet Food Co sale
There are understood to be concerns around whether the shareholder group is wholly aligned in terms of intention to sell and at what price.
Heard the one about Ricky Gervais helping to sell an Aussie’s vodka?
Spiky comedy is helping former banker Chris Fraser toast his success as his vodka brand goes from strength to strength in Britain.
The gender pay gaps at Australia’s top investment banks revealed
Investment banks record some of the largest pay gaps in Australia. At Morgan Stanley, Goldman Sachs and UBS, the average gap exceeds 50 per cent.
How not to derail your career, according to this former bank CEO
The former NAB banker and founder and ex-chief executive of Judo Bank discusses his successes, failures – and the biggest mistakes leaders make.
Despite Dorsey’s Block bombshell, an AI job doom loop isn’t here (yet)
The payment giant’s founder pledged humanity over cold efficiency when he fired almost half his staff. The market wants the opposite and that should terrify us.
February
US bank shares walloped by more ‘cockroach’ credit woes
Investors worrying about contagion triggered another bruising sell-off in shares of banks and asset managers, compounding worries about disruption from AI.
Ellison billionaires win Warner Bros deal as Netflix walks away
Paramount clinched the deal, ending a months-long battle with the streaming giant to buy the parent of CNN and HBO as well as film franchises such as Batman.
‘Get set for raisings, buyouts’: top banker’s call on property stocks
Australia’s listed property sector has grown strongly and is now the second biggest globally. That is registering on the radar of investors around the world.
Bapcor’s $200m highway to hell
The terms of the car parts retailer’s bailout are about as grim as you’ll see – the sort of deal that happens once a year in the ASX300, tops.
Reece says tough market conditions to persist, despite profit beat
CEO Peter Wilson sees “green shoots” in housing construction, but rate rises and economic headwinds will make for a slow recovery for the plumbing giant.
In Pictures: February 2026
It’s been a month of leadership spills, earnings results, music and people moving around the country. See how our photographers captured these moments.
Citigroup bumps CEO Jane Fraser’s pay to record $59m
The 22 per cent increase in remuneration makes her among the best paid Wall Street bank CEOs – and just shy of JPMorgan boss Jamie Dimon’s package.
From tailored suits to a new Rolex, bankers splash bumper bonuses
It has been the best payday since the pandemic, and investment bankers have not wasted the opportunity to assess their career options, and their lifestyles.
Citi hires Houlihan Lokey director Kriss Pachauri
His deal credentials include a slew of exits for financial sponsors including Five V Capital’s sale of Totara Learning Solutions.
From Ascham to Wall Street: How Citi’s Jane Fraser embraces disruption
Jane Fraser has won plaudits for the pace of her progress at banking giant Citi. But now she wants to go faster, even as global volatility and AI shake things up.
Citi CEO Jane Fraser says Australia can prosper in new world order
Jane Fraser, the first woman to lead a Wall Street bank, says Australia can become a much-needed global financial centre in a new age of geopolitical turmoil.
