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Showing 1011 - 1020 of 17947 results for "Bank"

Former AMP advice lead sues The Australian

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
Former AMP head of advice Jack Regan has launched defamation proceedings against The Australian claiming an article published by the news outlet inferred he misled the Australian Investments and Securities Commission (ASIC). Regan claimed the article ...

Greece taps BlackRock FMA to build sovereign wealth fund

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... closed-ended business holdings funds established in Greece with the participation of the Hellenic Development Investment Bank, other private equity funds active in Greece, and credit institutions. As part of the launch, the government will consolidate ...

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... disposing of property; incurring new liabilities; or withdrawing, transferring, disposing of, or dealing with money held in bank accounts or with a financial institution (subject to limited exceptions). The court also made orders that former Keystone ...

Industry Super Australia names new chair

ELIZABETH FRY  |  WEDNESDAY, 19 JUN 2024
... strategy, working on major campaigns for financial services brands. These include AXA Australia, GE Capital, Members Equity Bank, American Insurance Group and Australian Unity Funds Management. In the non-financial services sectors, he worked on several ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
The Reserve Bank of Australia (RBA) kept the official cash rate on hold at 4.35% in June but would not rule out another hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and ...

Cbus recruits chief risk officer from Crown

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
... the chief compliance officer for conduct and regulatory relationships at Westpac and before that looked after the consumer bank's risk functions. She worked at NAB for 15 years in compliance roles that included global markets, and institutional banking. ...

Temasek invests $300m in Betashares

KARREN VERGARA  |  MONDAY, 17 JUN 2024
The Singapore government's Temasek Holdings will become part owner of Betashares, injecting $300 million into the exchange-traded fund (ETF) provider. The $38 billion Betashares said it entered into a binding agreement with Temasek in a bid to accelerate ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
The Reserve Bank of Australia (RBA) will almost certainly leave the policy rate unchanged when it meets next week, according to economists. GSFM investment strategist Stephen Miller said there was "little prospect" of a change in messaging from the ...

Morningstar hires fixed income lead from PATRIZIA

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
... Australian superannuation fund. The fixed income specialist brings 17 years of experience after earlier stints at the Commonwealth Bank of Australia and Macquarie Asset Management. During his seven years at Macquarie he sat with the Australian Origination ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ...