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Showing 1391 - 1400 of 3464 results for "Stake"

US regulator settles with Ares

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... the investment appointed a senior employee to its board, who passed on non-public information on which Ares increased its stake in the company. "The order finds that Ares's compliance policies failed to account for the special circumstances presented ...

Kyckr to raise $10m, rich lister on board

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... Kyckr said in company filings this morning. White is the chief executive and founder of WiseTech Global and took a 19.6% stake in Kyckr last year during a placement. Kyckr's recent client wins include Germany's CommerzBank and Citigroup. It said it will ...

Create coalitions for change: Martin Currie

ALLY SELBY  |  MONDAY, 25 MAY 2020
The $20 billion equity specialist has called on asset managers to create "coalitions" to drive change; developing constructive relationships with companies for a more sustainable future. Martin Currie chief executive Julian Ide highlighted the value ...

KKR company cut doctors pay during pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... in hot water in the US over claims a health company it owns cut doctors pay amid the COVID-19 crisis. KKR acquired a 55% stake in CFS on 12 May 2020 for approximately $1.7 billion. But the firm is facing fire overseas over an earlier deal. In 2018 it ...

Culture is key in a crisis: Australian Ethical

ALLY SELBY  |  WEDNESDAY, 13 MAY 2020
Culture plays the most significant role in risk management during a crisis, according to the chief risk officer of the nearly $4 billion super fund and investment manager. Speaking over the phone for the Governance Institute of Australia's virtual governance ...

IFM cuts carbon footprint from Aussie infra assets

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
... value for the period. IFM calculated its carbon footprint (scope 1 and 2 emissions) from the 13 assets based on its equity stake. Ausgrid is the biggest contributor to IFM's carbon footprint from Aussie infrastructure, accounting for 213,477 out of the ...

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
... focus on its core banking businesses and allow CFS to become a more focused standalone entity. It will maintain its 45% stake in the business while this transaction is carried out and will further assess its longer-term options thereafter, it said. CBA ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
Consumer trust in Australia's big four banks has made headways during the COVID-19 crisis, yet despite the improvement they still don't make the top 10. Surveying 1250 Australians in relation to 31 banks, the Australian Banking Brand and Trust index ...

TradeFloor acquires tech solutions

ALLY SELBY  |  MONDAY, 11 MAY 2020
... independent, non-bank aligned ASX Clearing and Settlement Participant," it said. "Tchourilov and Janiczak have acquired a 50% stake of OpenMarkets Group, which now includes TradeFloor, for $25 million." CCUBE, a financial planning and wealth management ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
The government has deferred the implementation of Royal Commission recommendations by six months. The amended timetable sees measures the government was committed to deliver by June 30 set to arrive by December, and measures scheduled for December now ...