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| | | After almost 14 years at Deloitte, Jason Foo has joined Rest's investment team to help run operational risk. The industry fund confirmed that Foo was appointed senior manager, operational risk, and compliance, investment management. Foo was a director ... |
| | | | Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ... |
| | | | The US Federal Reserve has raised rates by 0.5%, the most aggressive interest rate increase in over 20 years. In his opening statement, Federal Reserve chair Jerome Powell said: "Inflation is much too high, and we understand the hardship it is causing ... |
| | | | The head of investment sales and key accounts at First Sentier Investors has joined the real estate investment manager as head of distribution, wealth. Pallas Capital has appointed Chris King to the role, effective this month. King joins from First ... |
| | | | Australia's private capital industry reached a record $90 billion in assets under management at June 2021, according to Australian Investment Capital (AIC) and Preqin's most recent report. The 2022 Private Capital Market Yearbook report also recorded ... |
| | | | Yesterday, the Reserve Bank of Australia surprised markets by lifting the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support ... |
| | | | ANZ has seized the opportunities afforded to it by global digital currency adoption and created the first Australian-bank-issued stablecoin with positive results. Having only recently minted its first stablecoin, ANZ has already found several key elements ... |
| | | | In the first increase in more than a decade, the Reserve Bank of Australia has raised the cash rate target by 25 basis points to 0.35%. Announcing the decision this afternoon, RBA governor Philip Lowe said the board determined the time is right to begin ... |
| | | | A survey of compliance professionals has found 67% believe ASIC's breach reporting rules distract from other issues and the greatest proportion of reports filed relate to financial advice failures. A report from CoreData, Lawcadia and Gadens looks ... |
| | | | AMP has launched a client app for its wrap investment platform North, making it easier for clients to stay connected to their investments. Available now, investors can keep track of their super, pension and investment accounts; monitor their investments' ... |
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