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Showing 1221 - 1230 of 6010 results for "Custom"

State Street, Vanguard complete world first blockchain trade

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
State Street Digital, Vanguard and Symbiont have completed the first live trade for foreign exchange forward contracts leveraging blockchain technology and smart contracts. The firms have jointly completed the margin calculation process for a live trade ...

ClearView uses new anti-money laundering technology

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
ClearView will use Napier technology to fight money laundering activity. The technology will enable ClearView to monitor insights into its customers and identify suspicious behaviour which could be indicative of money laundering more efficiently, while ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
superannuation members. Avanteos pleaded guilty to 18 criminal charges relating to failures to update defective disclosure statements and continuing to charge fees to deceased super fund members. At the time of the offending, Avanteos was a subsidiary ...

Charter Hall, GIC drop $335m on Canberra office building

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
Charter Hall and Singapore sovereign wealth fund GIC have co-purchased 50 Marcus Clarke Street in Canberra's CBD for $335 million. The joint venture will see GIC acquire the vast majority of the property (95%), with Charter Hall to own the remaining ...

EG swoops in on Forza industrial assets

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
Forza Capital has announced the sale of two east Melbourne industrial investments to EG Funds Management, for a combined price of $79 million. The large, strategic landholdings are located within the land-constrained eastern suburbs of Melbourne at ...

Australian crypto platform collapses

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
Australian crypto trading platform myCryptoWallet is in liquidation, with investor money trapped. Launched in 2017, myCryptoWallet marketed itself as "Australia's most advanced digital currency solution" with zero fees. On 3 December 2021, it was resolved ...

New head of strategy at Crescent Group

ELIZABETH MCARTHUR  |  MONDAY, 6 DEC 2021
Crescent Group has appointed Islamic finance expert Sayd Farook to the head of strategy role, based in Sydney. His appointment comes as the group launches a five-year strategic plan to grow its assets under management to $5 billion by the end of 2026. ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
An industry group for independent financial advisers and lawyers have come out criticising Westpac over the six cases brought against it by ASIC. Slater and Gordon Lawyers is calling on Westpac to 'walk the talk', after Westpac's chief executive Peter ...

ClearView recruits chief claims officer

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
The former chief claims officer at Zurich Financial Services has moved to ClearView Wealth in a newly created role. Joanne Faglioni is ClearView's new chief claims officer, joining this month. Faglioni spent more than two years at Zurich/ANZ, starting ...

AMP advances demerger

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
AMP is forging ahead with its planned demerger that is due to take effect in the first half of 2022. AMP chief executive Alexis George is confident that AMP and AMP Capital's Private Markets business, otherwise known as PrivateMarketsCo, will become ...