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Showing 161 - 170 of 980 results for "SWA"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ...

Westpac to face court over insider trading

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
ASIC has commenced civil proceedings against Westpac for insider trading on a $12 billion deal with AustralianSuper and a group of IFM entities. Westpac will face off against the regulator in the Federal Court on allegations of insider trading, unconscionable ...

AMP Capital appoints NZ head of investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
AMP Capital has appointed a new head of investments for New Zealand, adding the former head of investment strategy at CommInsure. Michael Gray has stepped into the role on an interim basis as AMP Capital progresses its strategy to explore sale or partnership ...

ANZ, CBA settle class action

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
ANZ and Commonwealth Bank (CBA) have both reached an agreement to settle a class action in the US related to the trading of bank bill swap (BBSW) products in 2016. The class action commenced in 2016 in the United States District Court for the Southern ...

Ironbark fund swaps managers

KANIKA SOOD  |  FRIDAY, 12 MAR 2021
An Aussie broad-cap equities fund distributed by Ironbark is transitioning to a new fund manager, as the boutique managing it pivots away from broad-caps to small caps. The $25 million Ironbark Karara Australian Share Fund is currently managed by Karara ...

Local fund manager expands in Asia

KANIKA SOOD  |  THURSDAY, 11 MAR 2021
Auctus Asset Management (AVC) will buy an initial 9.9% stake in Asia-based private market investment manager Odyssey Group. Odyssey has about US$180 million in gross assets under management and advice, 25 staff and operations in both Singapore and Hong ...

Equity Trustees wins super trustee mandate

KANIKA SOOD  |  TUESDAY, 9 MAR 2021
Equity Trustees has been appointed as the superannuation trustee of a $400 million master trust. The Aracon Superannuation Fund will use Equity Trustees Superannuation Limited as its independent trustee. Aracon is a master plan whose sub-plans include ...

NAB swallows up neobank

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
Just weeks after the downfall of Xinja, Neobank 86 400 has announced plans to join the NAB Group in a $220m acquisition. Founded by Cuscal, a Sydney-based IT service management company, and led by chief executive Robert Bell, 86 400 launched the mobile-led ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
With only a matter of days until US President-elect Joe Biden takes office, there are a number of notable finance industry veterans nominated to help his administration lead the nation. The first, and most notable in the economics world is Janet Yellen ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Of the almost 3500 stories penned this year, these are the stories the Financial Standard team feels defined 2020. The Financial Standard editorial team has written 3484 stories so far in 2020. It wasn't always easy either. Like most of you, we ...