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

Search Results

Showing 251 - 260 of 816 results for "Settlement"

Primewest accepts merger offer

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
... venture with a fund advised by BlackRock Real Assets and exchanged contracts to acquire an office tower in Perth with the settlement expected for June. The office at 140 St Georges Terrace is a high profile, gateway building in the Perth CBD with 30,000 ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... government bond; the parameters of the government bond purchase program; and the rate of zero per cent on Exchange Settlement balances". Financial markets expected as much. This is because the Australian central bank has already provided forward guidance ...

Vanguard appoints fund administrator

KANIKA SOOD  |  MONDAY, 31 MAY 2021
... and Carlyle Group withdrew their October 12 bid to acquire Link. Link is currently in the process of listing property settlement platform PEXA. Vanguard managed about $98.5 billion in wholesale managed funds at April end. It had $29 billion in ETFs ...

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
Link Group has announced that digital property settlement platform PEXA will list on the ASX towards the end of June after fielding offers from private equity firms. Link has signed an underwriting agreement for the initial public offering of PEXA ...

Jarden gets market participant licence

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
Jarden has been admitted as a market participant to the ASX and the Chi-X. The investment and advisory firm said the admission accelerates the growth of its institutional equities franchise in Australia. Jarden has appointed ABN Amro as its clearing ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... failure crisis. Under the reforms, the Reserve Bank of Australia (RBA) will be able to manage a failure at a clearing and settlement facility. There will also be a facility for the RBA to draw up to $5 billion per event as a last resort measure to ensure ...

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
... use FRT's suite of class action solutions including non-US and antitrust litigation. "The growth in the number and settlement dollars associated with non-US and antitrust recovery opportunities is requiring investors to expand their shareholder litigation ...

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... making any admission of liability in relation to the sale of life insurance policies by its financial advisers. The settlement is capped at $30 million, and Westpac said in an announcement to the ASX that the settlement is still subject to Federal Court ...

Primewest, BlackRock enter JV

ANNABELLE DICKSON  |  TUESDAY, 27 APR 2021
... acquiring its first property. The joint venture has exchanged contracts to acquire an office tower in Perth with the settlement expected for June. The office at 140 St Georges Terrace is a high profile, gateway building in the Perth CBD with 30,000 square ...

Clime revamps strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... return funds to investors after its successful participation in a class action against UGL. Clime won an $18 million settlement in the proceedings against UGL, which claimed that it breached its continuous disclosure obligations by failing to disclose ...