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SYDNEY -- Australian new home sales rose 0.2% in April, according to a monthly survey released Monday by HIA-Jeld-Wen. Sales of detached houses rose 0.4% in the month, while sales of multi-units posted a third consecutive monthly decline, falling by 2% in April, the survey showed.Copyright © 2011 MarketWatch, Inc.
The departures come as Clariden Leu combines business from Europe, Switzerland and external asset managers into a division led by former UBS AG (UBS) banker Urs Emmenegger, currently head of strategic development for Lloyds Banking Group PLC's (LYG) private banking arm who joins Clariden Leu August 1. Middle East and Asia private bank head Erich Pfister will expand his role to include Latin America and Eastern Europe. The head of Clariden Leu's products division, Stefan Kraeuchi, will become a "senior advisor" to the bank; a new head for the unit is yet to be named. Clariden Leu will also hire Credit Suisse trust executive Daniela Lohner as head of a market and wealth division, which steers product development. "With its new management model, Clariden Leu is also responding to the growing challenges in the private banking business with the aim of achieving continued successful growth," the bank said in a statement, alluding to pressure on and defenseman Simon Despres, a Pittsburgh Penguins' draft pick, grabbed the puck, used Mississauga defenseman Stuart Percy as a screen and fired a shot over the blocker of goalie J.P. Anderson just 2:24 into the game. "I thought at least tonight we were generating some chances off of it," said Majors coach Dave Cameron. "The power play, worst-case scenario, should get you some momentum. I thought we were real nervous in the first period and a big part of that was we gave up that shorthanded goal. We were just forcing things too much. I thought we were real good in the second and the third." The other end of the special teams play, however, certainly went the Majors' way. Despite giving the offensively gifted Sea Dogs four straight power plays in the first period, the only goal they surrendered in that span was Zack Phillips' tap-in as time expired on Joseph Cramarossa's penalty. "We let the emotions get the best of us in that period," said Mississauga captain Casey Cizikas, a New York Islanders prospect. "We took some stupid penalties and they cost us. … You never want to kill penalties, four or five in a row, and it's definitely tough to do that." With the game being so close most of the way -- Riley Brace's goal with 5:19 left in the second made it a 2-1 game until Jonathan Huberdeau closed the scoring with 3:41 left in the third -- and with the Majors out-shooting the Sea Dogs 35-25 for the game and 26-14 in the final two periods, any extra bounce could have swung the final outcome. "We were moving it around good, getting good shots," said Majors forward Devante Smith-Pelly, an Anaheim Ducks prospect who finished with 3 goals and 3 assists and earned a berth on the all-tournament team. "He was just making saves. Not much more to say. We were doing what we wanted to do, getting in front of him. He was just making saves. He played great. I think the power play was fine, just capitalizing just wasn't going our way today." The "he" Smith-Pelly was talking about was Saint John goalie Jacob DeSerres, who finished
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