Bulge brackets move the outback to the forefront

Can Lehman build on Grange? 

Brutal competition for asset management

Tapping a growing rich list

LEHMAN BROTHERS’ PURCHASE of Australian investment and advisory house Grange Securities in March was a milestone for the market: the last remaining global investment bank to be absent from the country had belatedly decided to take it seriously.

Now all the big world players have a meaningful presence in the country, and pretty well all of them are talking about expanding their businesses there.