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Showing 181 - 190 of 1022 results for "Financial Institutions"

AMP appoints new board member

ANDREW MCKEAN  |  MONDAY, 27 JUN 2022
... recently as the head of investment banking for Australia and New Zealand. Prior to that, he led J.P Morgan's Financial Institutions investment banking business for 13 years. AMP chair Debra Hazelton commented: "We're delighted to have a financial services ...

Citi pilots Bitcoin custody service platform

ANDREW MCKEAN  |  THURSDAY, 23 JUN 2022
... custodians are vital to the wider adoption of future digital assets. "It is reassuring to see traditional financial institutions embracing the role of custodians within this asset class. Buy in from both traditional, institutional investors and financial ...

Brookfield raises record amount for ESG fund

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
... public and private pension funds, sovereign wealth funds, insurance companies, endowments and foundations, financial institutions, and family offices. Brookfield itself is the largest investor in the fund. The fund actually exceeded its initial hard ...

Advice requirements confusing, complex: JAWG

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... prescribed. Of note, as previously reported on by Financial Standard, ASFA also called for greater detailing of financial institutions supervisory levies. The body said: "It's incumbent upon regulators to provide genuine transparency and accountability ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... compliance costs to an estimated $27.6 million, which has seen more firms invest in technology. The large financial institutions that invested in the use of technology to solve compliance challenges experienced less severe impacts on cost and compliance ...

Super industry levies insufficiently detailed: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... builds confidence within the industry that regulators are functioning well." However, with respect to the Financial Institutions Supervisory Levies, ASFA supposed that it didn't provide sufficient detail for the industry to adequately understand how ...

Cbus snares head of debt from Perpetual

ELIZABETH FRY  |  WEDNESDAY, 15 JUN 2022
... oversee external managers in the illiquid credit space and the counterparty credit work carried out on the financial institutions Cbus has exposure to through its trading activities. Moal joins Cbus from Perpetual, where she spent eight years, most recently ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... deductions being banned. "As the Court finalises these matters against Westpac, we urge Westpac, and other financial institutions, to look at their culture of compliance and invest in systems that mean incorrect charging of fees, premiums and commissions ...

APRA champions flexible financial technology regulation

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... translate to limiting change with a view to preserving the status quo." "Nor does it mean protecting incumbent financial institutions, when better, safer and more efficient ways of doing business emerge. "If technology can deliver a financial system ...

New head of markets, securities services at HSBC

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... last year. O'Brien is also a promotion from within HSBC. She joined the bank in 2018 as head of the financial institutions group in Australia and New Zealand. HSBC Australia chief executive Kaber Mclean congratulated both on their new positions within ...