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Showing 1 - 10 of 17933 results for "Bank"

L1 Group appoints finance chief

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
L1 Group appointed a new chief financial officer who hailed from another ASX-listed firm. James Allaway succeeds incumbent Andrew Stannard, who will transition to an advisory role ahead of his departure in early 2027. Allaway joins from ASX-listed FleetPartners ...

Banks gaining on private credit firms in construction lending

RIDDHIMA TALWANI  |  WEDNESDAY, 10 JUN 2026
... construction lending activity, up from 46% in 2025 and a dramatic recovery from just 13% back in 2023. The survey found non-bank expectations, meanwhile, to have moderated. Over 65% expect non-banks to increase construction lending, down from 73% in ...

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
... definitive transaction documentation between the two parties, as well as other customary conditions. BMO is the eighth largest bank in North America, providing diversified services across personal and commercial banking, wealth management, global markets ...

Perpetual acquires majority stake in Interfi

VINNY VUCAGO  |  FRIDAY, 5 JUN 2026
... organic investment, partnership and targeted acquisitions. Victoria based Interfi provides loan serving technology to the non-bank lending sector and currently supports around $55 billion in assets under administration. Its platform manages the full ...

TAL appoints two new board members

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... Mentis brings 37 years of financial services experience to the board, including as managing director and chief executive of Bank of New Zealand (BNZ), group executive Business Banking and chief digital, data and analytics officer at NAB, alongside other ...

Raiz names new chief executive

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... Wealth in Asia Pacific and was the chair of Ensombl. His broader career spans major institutions including HSBC, Commonwealth Bank, Westpac and AMP Capital. "Raiz has built a trusted brand, a differentiated platform and a deeply engaged customer community. ...

Cooling economy could keep RBA on hold

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2026
... data centres being built in New South Wales and Victoria." Dooley said the easing of growth is a positive sign the Reserve Bank of Australia's (RBA) interest rate hikes have been working. "Three rate rises this year have taken the cash rate to 4.35% ...

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... low-to-moderate correlation to traditional financial market indices, targeting a gross return of 6% p.a. above the Bloomberg Ausbond Bank Bill Index with 8% p.a. target portfolio volatility. It returned 22.1% p.a. in the year to April and over a 10-year ...

US and Aussie shares 'incredibly divergent': UniSuper

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
... share price declines after earning downgrades. "To me there are two other big themes in the Australian market... We did have bank reporting season early in the month, that was a bit disappointing. Then between rate hikes and those capital gains tax changes ...

Centrepoint Alliance acquires two advice firms

KARREN VERGARA  |  MONDAY, 1 JUN 2026
... and investments businesses." The transaction will be funded via a $10 million acquisition facility from National Australia Bank, which will provide capacity to pursue further acquisitions. Also based in Queensland, Astute is a lending aggregator focused ...
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