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Showing 991 - 1000 of 17947 results for "Bank"

Invartis enters Australian market

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
... practice in Australia and spent nine years at Goldman Sachs in Melbourne and New York. He began his career at National Australia Bank. In his new role, Jansz will lead Invartis' Australia and New Zealand presence, bringing the firm's investment ...

New lending for property investors up 30%

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... of new lending, it is very high but does remain below the peak it reached in 2015 just post the APRA limits," Commonwealth Bank (CBA) economist Stephen Wu said. CBA had expected new housing lending to rise 3.5% for the month, while the consensus was ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
ASIC's regulation activity for the 2024 financial year is expected to slug financial advisers $48.39 million collectively as the annual levy does not appear to be reducing. Licensees that provide personal advice to retail clients on relevant financial ...

Rest increases private credit investment

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... officer Andrew Lill said the investment provides the fund with the ability to capitalise on attractive conditions in the non-bank lending market. "REDF offers an opportunity to grow Rest members' savings through investment in a diversified portfolio ...

IFS launches two courses with Kaplan

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
Industry Fund Services (IFS) has partnered with Kaplan Professional to offer superannuation fund staff further education and training as the sector gears up to offer more financial advice. The courses target super fund staff predominately working in ...

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
Having been involved in three failed companies, ASIC has disqualified a former financial services industry director for five years. Christian Oey was the director of two financial services companies between May 1999 and November 2018, Clickthru and ...

Advent International lands in Australia, names MD

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... familiar with local businesses, having invested US$1.2 billion in fashion label Zimmerman last year. In June, Advent and Aareal Bank entered into an agreement with TPG and CDPQ to acquire Aareon, a European provider of software-as-a-service (SaaS) solutions ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Reserve Bank of Australia (RBA) released the minutes from its June board meeting at which it held interest rates steady, but confirmed it did consider the possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... society," Lill said. Additionally, Rest contends megatrends such as decarbonisation, deglobalisation, demographics, and central bank policy are key factors that will shape the future direction of the global economy. "Around half our members are aged ...

Bendigo and Adelaide Bank appoints new chief executive

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
Bendigo and Adelaide Bank has appointed Richard Fennell as chief executive and managing director, replacing Marnie Baker. Baker has been with the bank for 35 years, mostly in executive roles. She was chief executive and managing director for six years. ...