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| | | Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ... |
| | | | ... firm's push into Australia attracted much attention given that it is the second US firm to hire staffers in Australia this week. Monroe Capital, the Chicago-headquartered private credit shop, has also expanded its platform to Australia and appointed ... |
| | | | ... Advisory) has been deferred from March 27 to July 28 - pushing back the inquiry by four months. Parliament returned this week, and the Senate approved the deferral of the deadline for the inquiry. The Financial Advice Association Australia's (FAAA) Phil ... |
| | | | Wilson Asset Management has launched the Founders Fund this week, based on chair Geoff Wilson's view that founder-led companies outperform over the medium to long term. Documents on the new fund, which is backed by founder-led executives, chief executives ... |
| | | | ... to new and existing Xplan customers, which will help them thrive in a growing client landscape," Iress said. Earlier this week, Iress struck a binding agreement to sell its superannuation business to Apex Group, following a strategic review as part of ... |
| | | | ... Ophir - where he served as chief executive for more than five years - last November. Chirakis commenced in the new role this week and will play a "critical role" in expanding the company's fundraising efforts while supporting the growth of its portfolio ... |
| | | | ... Capital kicked off a bidding war by offering $4.30 per Insignia share, which was then matched by Bain Capital earlier this week. Today, CC Capital has come back with a revised bid, increasing its offer to $4.60 per share. This represents a 7% premium ... |
| | | | David Bonderman, the co-founder of global alternatives investor TPG, passed away this week. Bonderman, affectionately known as 'Bondo' to many, was also founder of Wildcat Capital Management, the Bonderman family office, and owner of National Hockey ... |
| | | | ... board and commitment from all directors to vote in favour of the transaction in the absence of a superior proposal. This week, Insignia announced it is partnering with SS&C Technologies to transform its master trust business as part of its cost-cutting ... |
| | | | ... Stephen Jones said the purpose of Tranche 2 of Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during the Royal Commission. ... |
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