Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 2610 results for "Employees"

Praemium revenue grows to $85m

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... IT and risk mitigation costs. "The latter were reflective of wage inflation, capability improvement with more senior employees added and increased number of employees more broadly," it said. Directors declared a one cent per share full-franked dividend ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... exceeding $500 million, consolidated gross assets values over $1 billion at the end of a financial year, or more than 500 employees. These requirements will take effect from 1 January 2025. "These critical reforms provide investors and companies the ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... Australian Office of Financial Management (AOFM) in 2022-23, and that action has been taken in response to poor behaviour by employees in its markets business. The regulator acknowledged that ANZ has launched investigations into the issues, but said ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... Before joining Abrdn, Suen was the first employee at JDX Consulting, a financial services start-up that grew to over 700 employees before being acquired by Delta Capital in 2022. Meanwhile, as a new partner in the San Francisco office, Zach Jackson focuses ...

I Squared Capital grows local team

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... said it was a natural next step for I Squared to deepen its commitment to Australia by hiring its first on-the-ground employees in 2021. One year later, it opened a physical office in Sydney. I Squared Capital said Hamilton is a key hire and noted that ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... consecutive quarters at 4.2%. Conversely, this was higher than the 3.9% growth recorded this time last year. Public sector employees on the other hand saw their pay rise from 0.6% in the March quarter to 0.9% in June, marking the highest uptick in 12 ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... expenditure management has intensified following allegations of serious misconduct in the Construction, Forestry and Maritime Employees Union (CFMEU), including claims of underworld figures and former bikie gang leaders being awarded plum high-paying ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... strengths in securitised finance. We believe this acquisition will enable us to continue to deliver for our clients, employees, and shareholders," Dibadj said. Victory Park Capital chief executive, chief investment officer, and founder Richard Levey ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

Global X chief to step down

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... Global X spokesperson told Financial Standard that the search is centred on the long-term interests of the firm, its employees, and clients. "We plan to share more information in the very near future," the spokesperson said. The spokesperson, however ...