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Showing 11 - 20 of 178 results for "Cash management"

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... As part of the mandate, BNP Paribas will handle Medibank's custody, fund administration, performance reporting, cash management, and FX solutions. The bank, which oversees US$13.7 trillion in assets under custody, said the mandate aligns with its focus ...

Bell Financial absorbs 75k Macquarie accounts

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
... decade. "We're pleased that customers will continue to access the benefits of our powerful and secure Macquarie Cash Management Account via the Bell Direct and Desktop Broker trading platform," McArdle said. "Macquarie Cash Management Account and any ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... prevent and detect unauthorised fee transactions conducted by third parties, such as financial advisers, on customer cash management accounts. ASIC chair Joe Longo said fraud controls were increasingly important and the case against Macquarie has sent ...

Class action building against GEMI Capital

ELIZA BAVIN  |  MONDAY, 15 APR 2024
... billion since it launched in 2000 and offers short-term property-backed loans. GEMI's assets are split between its cash management fund, the first mortgage fund, and the GEMI fund which offers the short-term loans. Investors in the group's mortgage funds ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... Pagliacco was found to have told prospective clients that his business could invest their funds in Macquarie Bank Cash Management accounts and guarantee them annual returns of 8%. He then was found to have used those clients' funds for personal expenses ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... above 40% and is on track to grow revenue by over 140% in 2023. It has expanded its digital advice offering into cash management, lending, and most recently, lower-risk investments with its Automated Bond Portfolio. "The company is well-positioned to ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
... business and then begin adding further products and services that deliver genuine benefits to our clients. "Enhanced cash management capabilities have become a core requirement for our clients given current economic conditions and we look forward to ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... features, so advice firms will continue to be able to access a rich suite of online features, such as sophisticated cash management tools, managed accounts technology and automated rebalancing and Record of Advice functionality," Netwealth added. Commenting ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... Greater China. He will also be the primary contact for broker dealing outsourcing, correspondent banking, and cash management and liquidity solutions. Wootton will cover South Asia and Pacific regions. He'll be responsible for derivatives and execution ...

MLC Life appoints chief investment officer

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... with Nippon Life in 1995 and has held several senior roles within the company, including chief manager of the cash management department, and deputy general manager of investment risk management. MLC Life chief executive Kent Griffin said the appointment ...