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Showing 1281 - 1290 of 17952 results for "Bank"

Bell Financial Group welcomes group head of sales

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
Bell Financial Group (Bell FG) appointed Craig Saunders to the newly created group head of sales role, effective immediately. According to Bell FG, Saunders will focus on expanding the group's footprint in the intermediary and broking segments of ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
After three years, the head of institutional solutions at Allianz Retire+ has departed. Fintan Thornton has left the retirement specialist to take on a new role at a health fund. It comes at a time of turmoil for the retirement industry, which has come ...

Lombard Odier breaks into Australia, issues private credit mandate

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
Lombard Odier Investment Managers (LOIM), the asset management division of the Swiss private bank, has awarded a mandate to Equity Trustees for its first offering in Australia. The LOIM Sustainable Private Credit (Australia) Unit Trust seeks to deliver ...

First Sentier, AlbaCore complete partnership

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
First Sentier Investors (First Sentier) has finalised its strategic partnership with European alternative credit specialist AlbaCore Capital (AlbaCore), broadening access to global private credit markets. Headquartered in London, AlbaCore has capabilities ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... raising $275 million. The funds raised from the issuance will be allocated to repay and subsequently retire a $250 million bank debt tranche, which is scheduled for maturity in May 2024. Australian Unity healthcare property general manger Chris Smith ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... environment," he said. "At home, there are questions whether the economy can sustain this goldilocks tightening and the impact on bank customers while globally, the geopolitical environment could impact economies worldwide." PwC concluded it expects ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... ASIC's banning order. AAT senior member O'Donovan said given the nature of the dishonesty, which included forging bank statements and misleading public officials, Babbage's "lack of insight and the need to emphasise to participants in the ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... years' experience in financial services, Volkiene has held senior management positions at HBOS Australia, Commonwealth Bank of Australia, FleetPartners, Bank of Queensland and ANZ. The appointments come at a time when private credit markets are booming. ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...