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Showing 1311 - 1320 of 6020 results for "Credit"

HSBC receives ESG accolades, criticism on same day

ELIZABETH MCARTHUR  |  THURSDAY, 27 JAN 2022
... undermined by a recent decision from HSBC. HSBC acts as global coordinator and leads 27 banks in a $10 billion revolving credit facility to Saudi Aramco, the world's single biggest polluting company in terms of carbon emissions. HSBC has significant ...

Crescent Group appoints head of risk

CHLOE WALKER  |  MONDAY, 24 JAN 2022
... Saira Cader as head of risk and compliance. Cader has more than 15 years' financial services experience, including leading credit teams at Pepper Group, the Commonwealth Bank of Australia and GE Capital Finance, and risk and compliance operations at ...

E&P pulls the plug on DASS

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
Amid a slew of class actions and regulatory problems, the troubled superannuation subsidiary of E&P Financial Group is now in voluntary administration. PwC has been called in as voluntary administrators of Dixon Advisory and Superannuation Services ...

Credit Suisse chair resigns

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
Credit Suisse's chair has resigned less than a year into the role amid reports he breached several COVID-19 quarantine rules. The Swiss bank announced overnight that Axel P. Lehmann has taken over as chair effective immediately, following an investigation ...

PineBridge hires Asia wealth management lead

KARREN VERGARA  |  FRIDAY, 14 JAN 2022
... BNY's Switzerland subsidiary. He also worked at Lombard Odier Investment Management, Goldman Sachs Asset Management and Credit Suisse Asset Management over his 20-year career. Based in Singapore for his new role, Kopitsis will focus on increasing ...

UK wealth firm eyes Aussie expansion

JAMIE WILLIAMSON  |  THURSDAY, 13 JAN 2022
... Singapore. Gladstone already operates a capital markets business in Singapore. The focus will range from investments to credit, estate, succession and tax planning. In particular, Gladstone sees Australia as a private banking and trust center for South ...

Merricks Capital appoints head of distribution

CHLOE WALKER  |  WEDNESDAY, 12 JAN 2022
... Seric spent two years at Plan B Wealth Management in Auckland. Merricks Capital recently capped off a $40 million senior credit facility with the ICAM Duxton Port Infrastructure Trust (IDPIT), which has developed a port in South Australia's Eyre Peni ...

How to invest in China: Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... have investors on edge," the firm said. Capital Group Asia economist Stephen Green added: "China's economy is slowing, and credit is tightening in the real estate sector. I think GDP2 growth will be considerably lower than the consensus forecast of 5.6%." ...

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
... retail superannuation fund offered to customers of several small players in Australia's banking sector will close in March. Credit Union Building Societies Superannuation, known as CUBS Superannuation, is a retail offering overseen by Equity Trustees ...

Link agrees to $3bn takeover

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... create significant opportunities for our employees and our customers." Link is in the process of selling its banking and credit management business. LC Financial Holdings is offering €65 million, while Pepper European Servicing has put €55 million ...