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Showing 11 - 20 of 990 results for "Cooper"

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
Fiducian Group said it kept the business steady and took in positive net inflows in the first half of the 2026 reporting period amid a turbulent backdrop. According to Fiducian chief executive Indy Singh, the ASX-listed financial services firm kept ...

ASIC imposes licence conditions on Cambridge Mercantile

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
ASIC has imposed additional conditions on the Australian financial services licence (AFSL) of Cambridge Mercantile's local branch, following ongoing compliance failures in its foreign exchange derivatives business. The Corpay subsidiary misclassified ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
FIIG Securities will pay $2.5 million over cybersecurity failures that went on for years and saw the private data of clients compromised and, in some cases, leaked. ASIC brought its case against FIIG Securities in March 2025 after it found the firm ...

State Street enters strategic alliance with Qatar

ELIZA BAVIN  |  FRIDAY, 23 JAN 2026
State Street Corporation and QNB Group have announced a strategic alliance to introduce a new custody servicing model in Qatar. Under the agreement, State Street and QNB Group have agreed to collaborate, with service agreements to be finalised and executed ...

KKR chief operating officer steps down

ANGELIQUE MINAS  |  MONDAY, 12 JAN 2026
... corporate trust businesses until a massive tax bill shattered the deal. Following ATO feedback, Perpetual chair Gregory Cooper said the board and management engaged with the firm to explore alternative deals that would be in the best interest of shareholders ...

Saudi Arabia opens access for foreign investors

MATTHEW WAI  |  THURSDAY, 8 JAN 2026
Saudi Arabia's Capital Market Authority (CMA) is opening its capital market to foreign investors from February 1, a move it said will expand and diversify the investor base while enhancing market liquidity. The announcement follows the CMA board's ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First ...

Increases coming for veterans' superannuation

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
The government is increasing payments related to the Defence Force Superannuation Benefits program, Treasurer Jim Chalmers confirmed in the mid-year economic and fiscal outlook (MYEFO). Treasury said payments related to the Defence Force Superannuation ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
APRA is imposing additional licence conditions on HESTA, finding it was inadequately prepared to effectively oversee and manage its recent administrator change. Earlier this year, HESTA switched administration providers, transitioning from MUFG to GROW ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
Diversa Trustees said it will be "vigorously defending" ASIC's allegations about the role it played in moving $300 million of member money to the failed First Guardian Master Fund, arguing the managed investment scheme was "fraudulent." ASIC has ...