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Showing 281 - 290 of 6532 results for "Exchange"

Betashares completes Bendigo Superannuation acquisition

KARREN VERGARA  |  MONDAY, 2 SEP 2024
... Betashares' expansion plans, buoyed by Temasek Holdings' recent $300 million investment into the wealth manager in exchange for an undisclosed minority holding. "Betashares' immediate focus is on providing a smooth continuation of service ...

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... which has led to some preliminary regulations in private markets. "As in the US and Europe, the Australian Securities Exchange (ASX) has seen a decline in IPOs and shallowing of public markets, creating a greater interest among private wealth investors ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers. Bit Trade's ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... also offers Australian investors an additional layer of stability without having to weather the ups and downs of foreign exchange risk."

UniSuper enterprise risk lead departs

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... which he penned as a young trader at NAB. During his time with the lender, Gentilin blew the whistle on a major foreign exchange trading scandal that saw the jailing of four of his colleagues on the desk. Motivated by this experience, Gentilin wrote ...

Recordkeeping breach costs RBC, BNY Mellon US$85m

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... and BNY Mellon are among the firms that will collectively pay a whopping US$390 million ($589m) to the Securities and Exchange Commission (SEC) for recordkeeping failures. RBC Capital Markets will pay US$45 million ($68m) while BNY Mellon Securities ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... market data distribution, royalties, and growth in customer connections at the Australian Liquidity Centre (ALC). The exchange did not provision for the legal proceedings ASIC brought against it on August 13 post-reporting period. ASIC alleged the ASX ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  FRIDAY, 16 AUG 2024
... S&P Global Ratings forecasting a high single-digit growth in total assets in the sector. Similarly, the London Stock Exchange Group predicts a tremendous spike in total Islamic finance assets from US$4.5 trillion in 2022 to US$6.67 trillion in 2027. ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... saw more than 2000 investors' retirement savings spent on luxury yachts, private jets and more. The Securities and Exchange Commission (SEC) obtained a preliminary injunction, asset freeze, and other emergency relief against Atlanta-based Drive Planning ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... Capital and 22% of its future carried interest entitlements in the private credit manager's yet-to-be-launched funds in exchange for an upfront payment of US$33.9 million, with 75% paid in cash and 25% in Janus Henderson stock. After the transaction ...