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Morgan Stanley raises capital for 86 400BY ELIZABETH MCARTHUR | FRIDAY, 10 MAY 2019 4:19PM
Aspiring bank 86 400 has announced it is opening its doors to new investors with a funding push, appointing Morgan Stanley to drive the capital raising.
Read more: Banking, APRA, Australia, Cuscal, Judo Bank, ANZ, Bringing Morgan Stanley, Fiji, Financial Standard, Japan, Robert Bell
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Depression, Recovery, and the Risk of Time
The $80 billion fund manager has hired BMO Global Asset Management's Asia Pacific managing director as an executive director as the incumbent retires.
Wilson Asset Management has responded to allegations by Keybridge Capital, noting the investment manager has already failed twice in previous attempts to obtain orders of this kind.
The former head of ESG investment research at AMP Capital has taken up a new role.
Fortnum, Centrepoint, Easton Wealth, CountPlus, Fitzpatricks and Paragem have all criticised the Financial Planning Association of Australia's latest policy proposal.
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