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GENERAL NEWS/06.01.2015
Stockbroking veteran Craig Mason has been hired to head troubled broking firm BBY Asia Pacific.   BBY, which controls more than $2 billion in funds, was placed in administration on May 18 but last week struck a sale deal with the AIMS Financial Group.   Mr Mason, who was inducted into the Stockbrokers Hall of Fame in 2014, was chairman of Pershing Australia until March and has previously worked at investment banks UBS and Merrill Lynch.   He said he planned to expand BBY's p...
GENERAL NEWS/05.31.2015
Last week AIMS, led by George Wang, has completed an asset purchase agreement with failed broker BBY. Louise Kennerley From: The Australian Financial Review  By: Joyce Moullakis The rebranded BBY Asia Pacific Group has appointed former Pershing Securities boss Craig Mason to lead the firm, while emphasising the stockbroking and advisory company would keep a tight rein on risk taking.   Mr Mason starts just two weeks after BBY entered voluntary administration aft...
GENERAL NEWS/05.29.2015
CANBERRA, May 28 (Xinhua) -- AIMS Financial Group, owned by Chinese Australian financier George Wang, has announced on Thursday that it has completed an asset purchase agreement with the administrators of BBY Holdings Pty Limited, which before its voluntary administration claimed to be the largest independent stockbroker in Australia and New Zealand.       BBY and its subsidiary BBY Limited had been placed in administration on May 18 after the broking and advisory group fell s...
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