Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1161 - 1170 of 3078 results for "Corporation"

Managed accounts provider enters crowdfunding

DARREN SNYDER  |  WEDNESDAY, 7 NOV 2018
ASIC has granted a variation to the AFSL of a managed accounts provider, allowing it to provide an equity crowdfunding service. BIR Financial told shareholders that its securities trading and corporate advisory business, Pulse Markets, was recently ...

Former Macquarie Capital head launches fund

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... investments will led by another former Macquarie principal investing team member Neil Brown. Former Clean Energy Finance Corporation (CEFC) chief investment risk officer Stephen Panizza will lead Federation's renewable energy investments. Lastly, Jason ...

ANZ wealth flows decline

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... life insurance business to Zurich for $2.85 billion. ANZ sold its New Zealand's life insurance business to Cigna Corporation for NZ$700 million. ANZ retains a 20-year agreement with Zurich and IOOF to distribute products to ANZ customers via bancassurance ...

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... Management (CFSGAM) to a Japanese buyer. The bank has entered into an agreement with Mitsubishi UFJ Trust and Banking Corporation (MUTB) to sell the business for $4.13 billion for a total cash consideration. MUTB approached Commonwealth Bank (CBA) after ...

Blockchain can power internal systems: Digital Asset

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
While the focus of the blockchain industry debate is its usage cross platforms, the real potential can actually be in managing internal systems, said the chief executive of the company behind ASX's new blockchain system. Speaking at a SIBOS session ...

CBA ramps up blockchain

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... world's first blockchain bond developed by Commonwealth Bank and the World Bank. First State Super, NSW Treasury Corporation (TCorp), Treasury Corporation of Victoria, CBA, QBE and SAFA signed on as the foundational investors of bond-i. CBA is acting ...

Assistant Treasurer refutes breach allegations

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
Assistant Treasurer Stuart Robert has countered allegations he breached the Corporations Act. Responding to questions from Financial Standard today, Robert said allegations levelled at him by Labor Senator Chris Ketter during Senate Estimates on Wednesday ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
Life insurance reforms proposed to provide better rehabilitation and early intervention treatment have been scrapped by the Federal Government. In response to the Parliamentary Joint Committee on Corporations and Financial Services' report released ...

Advice dealer group takes out governance award

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
One of IOOF's newly-acquired dealer groups was recognised in the Governance, Risk and Compliance Institute's annual awards. Elders Financial Planning took home the Team of the Year Award at a function hosted in Sydney. Elders Financial Planning general ...

Post Royal Commission change is all talk: Shipton

JAMIE WILLIAMSON  |  MONDAY, 22 OCT 2018
Despite the revelations of the Royal Commission, ASIC is still experiencing deliberate delays from financial institutions in meeting reporting requirements. On Friday, ASIC chair James Shipton told the Parliamentary Joint Committee on Corporations and ...