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Showing 141 - 150 of 2858 results for "Division"

FSC appoints two new directors

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
... the Netherlands where, amongst other roles, he was a finance director within GE Capital Australia's consumer finance division. "It is a privilege to join the FSC board at such a meaningful time for our industry. I'm grateful for the opportunity to support ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

Natixis IM adds distribution leads

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
... reports to the head of institutional distribution for Australia and New Zealand Danny King. Joining the private wealth division, Bruno Santos has become the new distribution director, covering Victoria, South Australia and Tasmania. Santos spent the ...

Cbus welcomes new head of risk transformation

ELIZA BAVIN  |  TUESDAY, 9 SEP 2025
Cbus has welcomed Sandra Burns in the newly created role of group head of risk transformation. Cbus said Burns will lead the fund's enterprise-wide risk transformation program, designing, implementing and embedding Cbus' approach to risk. Burns will ...

Legalsuper updates investment, insurance fees

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... will take effect. For example, insurance fees charged for death and TPD cover will increase by about 5.8% p.a. Personal Division members who already have default cover in place for at least 24 months and have been at work for 30 consecutive days on or ...

Betashares launches first private credit fund

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
Betashares has launched the first offering from its newly established private capital division, the Betashares Private Capital Cliffwater Private Credit Fund. The unlisted fund provides wholesale investors and financial advisers with cost-effective ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
Custodians' asset pools grew by 3% in the first half of the year, with HSBC's securities services division recording the largest jump. Statistics from the Australian Custodial Services Association (ACSA) show total assets under custody held on behalf ...

Canaccord Genuity buys Wilsons Advisory

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... billion in fee-generating client assets and about $42 billion in funds under advice. Meantime, the merged capital markets division will provide comprehensive corporate financing and advisory services across industrials, healthcare, technology, and natural ...

HMC Capital sees AUM soar 47%

ELIZA BAVIN  |  TUESDAY, 19 AUG 2025
HMC Capital has reported a 47% increase to assets under management (AUM) in FY25 to $18.7 billion. HMC said FY25 marked a record financial performance for the group with pre-tax operating earnings of $224.6 million - up 74% from FY24. HMC managing director ...

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... impacting the broking business. The group reported NPAT of $9.3 million for its half-year to June 2025 results. The broking division's revenue across retail and institutional was down 23.5% year-on-year, dropping to $69.4 million. It made an after-tax ...