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Showing 1501 - 1510 of 19566 results for "Ban"

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
Australian Unity entered into a strategic alliance, selling its financial advice business to AZ NGA-owned advisory firm Nestworth and Fortnum Private Wealth. AZ NGA, through Nestworth, will acquire Australian Unity's employed adviser and corporate superannuation ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... participants in the financial and credit industries the fundamental importance of honesty in the work that they do, a significant ban which excludes the applicant from participation in the industry is appropriate". In narrowing the ban, O'Donovan ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
Greg Thomas and Michael Volkiene will join the private credit fund manager as its chief operating officer and general manager, loan origination and credit, respectively. Thomas brings over 24 years of experience in funds management to the role and joins ...

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 ...

VBP adds to leadership team amid Elixir acquisition

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
Vital Business Partners (VBP) has established new positions within its leadership team following its acquisition of Elixir Consulting. On Wednesday, VBP revealed it would buy a 100% stake in Elixir Consulting, purchasing the company from founder and ...

Betashares to bring Cash Flow Kings ETF to market

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2023
An ETF focused on companies generating free cash flow is in the works at Betashares, expected to launch later this month. The Global Cash Flow Kings ETF (CFLO) will provide exposure to a portfolio of 200 global companies, not including Australia, that ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
The group has formed an origination partnership with Apollo Global Management, giving Challenger Life access to private global credit and alternative capabilities. Building upon its existing partnership, Challenger said the extended agreement grants ...