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Showing 121 - 130 of 3057 results for "ANZ - 23 %"

EQT buys VetPartners

CHLOE WALKER | THURSDAY, 12 OCT 2023

The Swedish-based firm will acquire VetPartners from National Veterinary Associates (NVA) via its BPEA Private Equity Fund VIII. As a part of the transaction, BPEA VIII is expected to be 35-40% invested in VetPartners, subject to customary regulatory ...

Adviser cops 10-year sentence

KARREN VERGARA | FRIDAY, 6 OCT 2023

A former financial adviser who took more than $10 million from clients to fund his lavish lifestyle will spend the next 10 years in jail. Judge Wraight sentenced Terence Rio Nugara to nine years and 11 months imprisonment at the Victoria County Court ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA | WEDNESDAY, 4 OCT 2023

The Reserve Bank of Australia (RBA) governor Michele Bullock has left the cash rate at 4.10% for the month of October. Announcing the latest monetary policy decision whilst taking the helm for the first time, Bullock left the door open for potential ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN | TUESDAY, 3 OCT 2023

Iress has finalised the $52 million sale of its Managed Funds Administration (MFA) business to SS&C, while also kicking off the divestment process for its Platforms unit. In August, the financial services software company revealed that SS&C would acquire ...

Goldman Sachs appoints head of equity capital markets

CASSANDRA BALDINI | TUESDAY, 3 OCT 2023

Goldman Sachs has named Aaron Lamshed as its new head of equity capital markets (ECM) in Australia and New Zealand (ANZ), as Ian Taylor steps down from the role. Lamshed joined the investment giant in 2014 as an executive director and was named managing ...

Skynet adviser stole $10.2m: Court

KARREN VERGARA | THURSDAY, 28 SEP 2023

The principal and financial adviser of Skynet Financial Services swindled clients to the tune of $10 million and could face up to 20 years in jail. Terence Rio Nugara, who was permanently banned by ASIC in April, stole $10,152,061.93 from 38 clients ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN | TUESDAY, 26 SEP 2023

ANZ Bank has been ordered to pay $15 million by the Federal Court for misleading customers over the funds available to them in select credit card accounts. The Court found that ANZ breached both the ASIC and the National Consumer Credit Protection Act ...

Josh Frydenberg takes over as Goldman Sachs chair

CASSANDRA BALDINI | THURSDAY, 21 SEP 2023

Goldman Sachs has appointed the former treasurer as the chair of its Australia and New Zealand (ANZ) business. In the new position, Frydenberg will focus on further deepening and strengthening client coverage across the ANZ region. He originally joined ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA | MONDAY, 28 AUG 2023

Link Group's retirement and superannuation business helped cushion the massive $418 million loss in the 2023 financial year, despite losing HESTA as a major client. Link's Retirement and Superannuation Solutions (RSS) unit, which contributes ...

Former Morningstar executive in new role

ELIZABETH FRY | FRIDAY, 25 AUG 2023

Former Morningstar executive Tim Murphy has resurfaced as head of research at a specialist investment consulting firm as it plans to launch a rival ratings business. Murphy - who was Morningstar's director of manager research for Asia Pacific for ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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