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Showing 111 - 120 of 6951 results for "Deal"

Private market deal activity set to persist amid high-rates: Aviva

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
... debt has tightened, leading to more refinancings than new deals, infrastructure debt has seen rising premia, with steady deal flow and ongoing non-discretionary projects. "Further deal activity is expected in the coming months, as the realisation of ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... Financial Group (WTL) will acquire Millennium3 Financial Services (M3) from Insignia Financial for $2 million. Under the deal, M3's 140 wealth and personal risk insurance advisers, operating in more than 75 privately owned practices across the country ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
Since its inception, the Australian Financial Complaints Authority (AFCA) has clawed back $1.2 billion in compensation and refunds for more than 400,000 consumers and small businesses. Reaching its fifth year in operation, AFCA explained its efforts ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... in early 2022 but fell through a few months later. Both parties said that it was "mutually agreed" upon to terminate the deal. Wealthfront had about US$27 billion ($41bn) in AUM at the time. Wealthfront's close rival Betterment had over US$40 billion ...

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
The government has kicked off its consultation on merger rules and processes to improve competition and productivity while lowering costs to ensure better outcomes for Aussies. According to the government's Merger Reform consultation paper, Australia's ...

ASIC strips institutional broker's AFSL

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... rectify "outstanding obligations" by this deadline. First City was previously permitted to provide financial product advice and deal in securities for wholesale clients.

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... established under the premise that this type of investing may offer excess returns that can be isolated based on certain M&A deal characteristics, including geography, market capitalisation, and transaction and deal type. Meanwhile, its convertible bond ...

Uniseed partners with major Aussie universities

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
Uniseed has joined forces with major Australian universities, doubling the number of research partners in the fund. Monash University has joined Uniseed as its full partner, along with the University of Newcastle, University of Technology Sydney, Western ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... continue to provide licensing and business support for PFS's network of 155 self-employed financial advisers. As part of the deal, Nestworth will also become the "preferred provider" of financial advice to members and staff of Australian Unity. The "augmented ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... markets leader Sam Garland said this isn't the case. "Clearly, rising mortgage rates are not fun and very difficult to deal with. However, there has never been a more competitive time for lending and deposits," he told Financial Standard. "So, while ...