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Showing 1181 - 1190 of 6018 results for "Credit"

FIIG Securities appoints chief executive

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... management positions across Asia Pacificis currently executive director, financial intermediaries and wealth management at Credit Suisse. He was previously group head of capital markets and managed investments, wealth management at and Standard Chartered ...

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... on the Freedom case since, having implemented a ban on 'cold call' telephone sales of direct life insurance and consumer credit insurance in 2019 and suing both the company's former managing director and former quality assurance manager. A remediation ...

Rainmaker unveils managed fund flow winners

ANDREW MCKEAN  |  WEDNESDAY, 17 AUG 2022
... which exclusively manages ETPs, had the second highest inflows with $5.5 billion. Also in the manager top 10 list, Metrics Credit Partners which was third in terms of 12-month net flows with $5 billion but the highest in terms of percentage increase ...

Fiducian sees record inflows, eyes expansion

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... share market declines and acquisition of client bases. Fiducian acquired the financial planning arm of People's Choice Credit Union, adding $1.1 billion at the time. Fiducian said it also acquired additional FUA of $70 million. "Management and the board ...

Wellington Management hires from GAM Investments

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... at BlackRock in a similar role, serving as vice president of institutional client business. Before that, she worked at Credit Suisse as an associate of prime services. Her job was to manage the Swiss banking giant's relationships with local hedge ...

Barings dives deeper into Australian market

CHLOE WALKER  |  THURSDAY, 11 AUG 2022
... of Barings' third-party AUM and is expected to be a key driver of growth for us. "Barings has successfully led private credit and real estate debt investments in Australia and we're confident Altis will help us broaden our investment capabilities in ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... biggest factor impacting the result was North and Master Trust strategic repricing in 2021 as well as the release of AMP Bank credit loss provision which was partially offset by cost reductions. Its statutory NPAT more than tripled from $146 million ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... results said the total impairment provisions decreased to $5.3 billion from $6.2 billion in FY21, reflecting sound portfolio credit quality and the reduced level of COVID-19 overlays. The full-year dividend was supported by the bank's continued capital ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... colleague outcomes to deliver sustainable growth and improved shareholder returns." NAB's trading update also commented that credit impairment charges of $11 million reflected continued benign asset quality, including low specific charges. "There has ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... regulator in 2018 that prohibited him from providing financial services. Nesseim was also permanently banned from engaging in credit activities from July 2019, after he was found not to be a fit and proper person to engage in credit activities. He pleaded ...