Search Results | Showing 91 - 100 of 360 results for "Tier 1" |
| | | Despite reporting a $1.4 billion profit boost, Commonwealth Bank's legacy financial advice business and legal troubles continue to eat away at the bottom line. In releasing its FY21 results this morning, CBA's provisional remediation bill owed ... |
| | | | Mergers and acquisitions will power the financial advice industry, culminating in the formation of "advice mega firms" in the near future, a new white paper suggests. According to a new report by AZ Next Generation Advisory (AZ NGA), the collapse of ... |
| | | | VanEck Australia has launched its first externally managed active ETF in partnership with a Sydney credit boutique. The VanEck Bentham Global Capital Securities Active ETF (Managed Fund) (ASX: GCAP) invests in Tier 1 (AT1) securities, contingent convertibles ... |
| | | | Westpac announced the sale of its New Zealand life insurance arm, finding a buyer in Fidelity Life Assurance, which is backed by NZ Super Fund. The institution is selling the life insurance division for NZ$400 million ($373 million) in addition to a ... |
| | | | Commonwealth Bank has announced the sale of CommInsure General Insurance to the Hollard Group after divesting CommInsure Life and BoCommLife. Announced this morning, the sale agreement includes a 15-year strategic alliance that provides Hollard with ... |
| | | | A new digital fact-finding solution, which is saving financial advisers nearly six hours per client, has snapped up partnerships with Centrepoint Alliance and other mid-tier licensees. Advice Revolution, founded by former advisers Adrian Patty and Shaun ... |
| | | | Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive. In its half-year results, Westpac recorded a 189% ... |
| | | | The asset manager is partnering with a start-up to build a new platform for institutional investors to trade digital currencies. State Street's Currenex business is working with Puremarkets and will provide the trading infrastructure for its Pure ... |
| | | | OpenMarkets is set to list later this year, having secured $10 million in a pre-IPO fund raise as it overtook CMC Markets as second-largest retail broker in Australia. Now trailing only CommSec, OpenMarkets says feedback from investors in the oversubscribed ... |
| | | | AMP Capital will offload its $653 million global equities capability to a Canadian fund manager for an undisclosed figure. Montreal-based Fiera Capital has agreed to acquire the four-year-old strategy available to investors in the UK, via a UCITS platform ... |
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