James Lee marches Jarden into Australia

James Lee marches Jarden into Australia
James Lee is the son of Chris Lee, the Paraparaumu stockbroker who wrote The Billion Dollar Bonfire, about South Canterbury Finance.
Brian Gaynor
The hugely ambitious Jarden CEO James Lee has established a high powered Australian investment banking operation with apparently no expenses spared.Lee’s full-blooded trans-Tasman invasion coincides with Magellan’s expansion into the investment banking sector under executive chair Hamish Douglass. Magellan is a 40% shareholder in Barrenjoey Capital, a new investment bank.This is a genuine David versus Goliath battle, as Lee and Douglass are arguably the two most ambitious industry leaders in New Zealand and Australia.Lee will achiev...

More Finance

Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

BNZ defends profit as essential to attract capital
Finance

BNZ defends profit as essential to attract capital

The last major bank, BNZ, has fronted up to Parliament.

RBA’s policy shift brings February cut into focus
Finance

RBA’s policy shift brings February cut into focus

The central bank’s assessment reflected growing confidence that inflation is being tamed.

Todd suspends dividends, resets strategy
Finance

Todd suspends dividends, resets strategy

The family empire has also called time on offshore mega-projects.

Pattrick Smellie 11 Dec 2024