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Showing 1551 - 1560 of 14210 results for "Interest"

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... [system]," he told the ASIC Annual Forum this morning. While the major banks are raking in massive profits from a higher interest rate environment, many smaller players here and overseas are not in the same boat, particularly as capital markets costs ...

ASIC freezes out former Magnolia Capital director

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
... funds, and demonstrated a lack of competence, professionalism, and financial management such that it is in the public interest that he be removed. The regulator also said that Atkins wasn't a fit and proper person to provide financial services due to ...

Scarcity Partners brings private equity investment model to Australia

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
... chief investment officer Justin McLaughlin. Scarcity GP Access Fund fundraising began last month, with "strong investor interest" surpassing expectations. The fund will look to invest in five to 15 asset managers with significant growth potential, targeting ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... significant protections, including inspection by the SEC, recordkeeping requirements, and safeguards against conflicts of interest, among others, the SEC said. Through its platform's services, the SEC said Kraken allegedly provides a marketplace ...

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

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
... compressed, repricing more slowly than public market equivalents; a trend consistent through the most recent spate of interest-rate hikes. The investment manager noted while illiquidity premia in real estate debt has tightened, leading to more refinancings ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... Reserve Bank of Australia governor Michele Bullock defended the central bank's use of monetary policy and hiking interest rates amid many challenges that looks to keep inflation at stubborn levels over the next two years. Speaking at the ASIC Annual ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
WT 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 ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... fixed income investors should invest in credit that is linked to cash rates, such as RMBS that have a floating rate of interest that increases if rates go up. "Despite the global challenges, we believe that RMBS are better protected now from falls in ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... one of the most challenging environments for financial firms and their customers following the global pandemic, rising interest rates, a sharp escalation in scam activity and significant natural disasters. "We have dealt with hundreds of thousands of ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... fintech industries, meanwhile, look to be grappling with the current economic environment, spooked investors, muted client interest, and regulatory strangulation. A new analysis by KPMG, the Australian fintech survey report 2023, highlights that more ...