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Showing 11 - 20 of 100 results for "The Philippines"

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... previously acquired Bluestone Mortgages (mortgage lending specialist with operations in Australia, New Zealand and the Philippines) in 2018. "We continue to see strong opportunities in Australia and look forward to providing solutions to companies that ...

BNP Paribas adds to custody team

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... was director of operations at HSBC, where he spent 13 years holding a number of senior roles across Australia, the Philippines and Hong Kong. While at HSBC Meares also worked as head of operations, head of service delivery and head of sub custody and ...

Perpetual wins government fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... Australia." The EMIIF will operate in countries such as Cambodia, Myanmar, Laos, Bangladesh, Sri Lanka, Indonesia, the Philippines, Papua New Guinea, the Solomon Islands, Vanuatu, Fiji, Tonga, Samoa and other Pacific Islands. It will invest across a ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... international money transfer product LitePay, some which it explosively revealed related to child exploitation in the Philippines and Southeast Asia. APRA commenced an investigation into possible breaches of the Banking Act and BEAR by Westpac in December ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... with unscheduled bond purchases and bought a record amount of ETFs... Central banks in Brazil, Taiwan, Indonesia, the Philippines in South Africa all cut rates." And at home: "RBA cut cash rate by 25 bp to 0.25% and announced a government bond buying ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... building this week. "They will be treated and recuperate away from the Exchange facility." The news comes after the Philippines halted all trading this week, after the most heavily populated island of Luzon was put in mandatory isolation. Despite the ...

Philippines halts all trading

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
The Philippines Stock Exchange (PSE) has announced it will halt trade until further notice, making it the first nation to close markets. The PSE made the announcement to the stock market, saying the decision is to ensure the safety of employees and ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... heightened risks, the Company did not carry out appropriate due diligence on transactions in South East Asia and the Philippines that had known financial indicators relating to child exploitation risks," Rosen Law alleges. Westpac confirmed the class ...

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
... burning across Australia, storms and tornadoes striking the US, torrential rainfall in Dubai, a volcano erupting in the Philippines, and news that the world's oceans reached new temperature highs in 2019. The sobering report released by the World ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... by Westpac's international money transfer product LitePay, some relating to financing child exploitation in the Philippines and Southeast Asia. Byrnes said APRA is working closely with AUSTRAC and ASIC. "We are actively looking at the issues, but ...