The latest issue of Financial Standard now available as an e-newspaper
Aussie banks deliver record profits in FY23BY CASSANDRA BALDINI | TUESDAY, 14 NOV 2023 11:59AM
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables.
Read more: Financial Standard, Generative Artificial Intelligence, PwC Australia, Sam Garland
Alberta Investment Management Corporation (AIMCo) and New Agriculture are set to jointly acquire the Kimberley Cattle Portfolio for an undisclosed sum.
Australia's fintech sector is showing signs of growth; however, it's still being held back by constrained local capital, complex regulatory challenges, and investor appetite for offshore opportunities.
After receiving Royal Assent on November 27, ASIC is urging all financial advisers who service retail clients to register before the 1 February 2024 final deadline.
Kavita Mistry will become AMP's new chief technology officer, joining the executive committee.
La Trobe Financial announce global asset management strategy
La Trobe Financial launch a US Private Credit product developed in partnership with Morgan Stanley for Australian wholesale investors.
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GROUP EXECUTIVE, PLATFORMS
AMP group executive, platforms Edwina Maloney is confident AMP holds the key to seeing more Australians benefit from financial advice. Having always thrived in team-based roles, she now leads the charge towards that very goal. Chloe Walker writes.