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Showing 1111 - 1120 of 3673 results for "Maintain"

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
... should be reduced while retaining transparency and trust. "The reforms will simplify financial reporting requirements and maintain transparency to ensure charities can dedicate more of their time and resources to assist vulnerable communities," Treasury ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... and Commonwealth Bank have entered into an agreement to merge Lendi with Aussie Home Loans. The merged business will maintain a multi-brand strategy but Lendi will also access the more recognisable Aussie brand name and its national network of 970 brokers ...

Personal finance app retires Australian business

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... banking framework has made the Australian market commercially non-viable for us at present." He added that the firm will maintain a presence in Australia and will continue to explore commercial opportunities in the future. Moneytree was founded in Japan ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
Facebook appears unfazed by antitrust lawsuits filed by 46 US states and the Federal Trade Commission seeking to force the social media giant to divest key assets, labelling the actions 'revisionist history'. The FTC and 48 Attorneys General ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... portion of the RBC client base despite the challenges of this year's global pandemic. Justin's appointment will help us maintain this strong momentum and ensure that we have the right management structure to support our expanded client base." In September ...

PPS Mutual transforms underwriting process

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
Mutual life insurer PPS Mutual has removed several assessments to its medical and financial underwriting requirements to speed up the application process and benefit members. The mutual insurer has removed the "quick check medical requirement" for prospective ...

Qualitas readies new fund with GURNER

KANIKA SOOD  |  THURSDAY, 3 DEC 2020
Qualitas has partnered for a new fund that is starting with a $1 billion pipeline of multifamily housing assets in Melbourne. Qualitas is working with GURNER, with whom it has previously partnered on $150 million investment in build-to-sell development. ...

US wealth manager acquires three Aussie firms

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... have joined Connectus," Brady & Associates founder and managing director Paul Brady said. "Connectus will enable us to maintain our highly personalised, client-centric approach while gaining access to best practices, additional client services and enhanced ...

Alternative asset manager expands to APAC

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
European firm Hayfin Capital Management has brought its presence to the Asia-Pacific region with the opening of an office in Singapore and has assigned a portfolio manager to lead the expansion. Glenn Clarke has been with Hayfin for nearly a decade ...

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
... 10% add-on to the net cash outflow component of its LCR calculation. "Under APRA's liquidity requirements, banks must maintain a sound liquidity risk management framework, ensuring accurate calculation of the LCR and NSFR1. While Westpac's LCR and NSFR ...