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Showing 221 - 230 of 2595 results for "Institutions"

The rising role and risks of generative AI

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
... may have noticed from today's discussions and previous conferences, including markets like the UK, that many institutions are still in the early stages of development or deployment. But if your institution hasn't yet built or rolled out these models ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... least nine months. As part of the probe, ASIC has conducted database searches, gathered information from financial institutions, and communicated with clients or their representatives who have provided information. The Court ruled in favour of ASIC's ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... foundational pillars of the local banking system and are considered some of the best capitalised major financial institutions globally. "Generally, Tier 2 floating rate subordinated bonds offer attractive income potential, typically delivering returns ...

Goldman Sachs ditches robo-adviser Marcus Invest

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... over US$60 billion in AUM, are the biggest standalone digital advisers in the US that are not backed by established institutions. In January 2022, UBS announced it was interested in acquiring Wealthfront but rescinded an offer tipped to be worth US$1.4 ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... fraud controls were increasingly important and the case against Macquarie has sent an important message to financial institutions and other financial service licensees that they must have appropriate controls in place. "While Macquarie implemented effective ...

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... over 20 clients to its Equate product, which offers online tools and calculators to credit unions, banks, lending institutions, and other financial services organisations. GBST also renewed a five-year contract with an Australian Tier 1 financial services ...

Superhero introduces $2 brokerage

KARREN VERGARA  |  MONDAY, 15 APR 2024
... "Superhero leverages a sophisticated omnibus model for its online trading platform, typically reserved for major institutions, which streamlines operations and reduces costs, and benefits that are directly passed on to customers," he said. From May 1 ...

Former AMP Capital research lead joins family office

ELIZABETH FRY  |  MONDAY, 15 APR 2024
... particularly as these family offices grow and expand into more unlisted funds, and diversity their capital bases to include institutions, "he said. As family offices invest more in complex investment products like real estate debt, and private equity ...

Global Alternative Funds names managing director

ELIZABETH FRY  |  MONDAY, 15 APR 2024
... will continue to expand GAF's client base of high-net-worth investors, family offices, endowments and smaller institutions. Before joining GAF, Brandt worked at Everest Financial Group, Ellerston Capital and van Eyk Research. GAF founder and former ...

Citi Australia managing director takes on expanded remit

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... Citi Australia has expanded the remit of managing director Nicki Ashton, appointing her as the head of financial institutions sales and solutions (FISS). In her new role, Ashton will provide strategic oversight of Citi's engagement and support for institutional ...