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| | | Commonwealth Bank of Australia (CBA) released its half year results today, seeing profits rise to $5.4 billion. As part of is H1 report, the major bank gave an update on its ongoing superannuation and advice-related class actions. CBA said it still ... |
| | | | ... total, about 385GB of confidential data was stolen and some 18,000 clients were put at risk. At the time, FIIG had about $3 billion in client assets under management. FIIG admitted it failed to comply with its obligations and that its security measures ... |
| | | | ... with the law. However, in light of the Shield and First Guardian failures, whereby some 11,000 people invested over $1 billion, Treasury said the alleged practices by employees "highlighted the need for further action to protect consumers in the superannuation ... |
| | | | ... contributions were "substantially up" in the third quarter, with global assets under management (AUM) reaching $736.1 billion. MAM said the increase was primarily driven by gains on the sale of its divestment of the North American and European public ... |
| | | | ... said. van der Zeen succeeds Pedro Antonio Guazo Alonso. As at the end of 2025, the fund's assets were valued at US$107.1 billion. On December 30, the United Nations General Assembly requested the pension board conduct a holistic review of the scheme. ... |
| | | | ... complexity of Australia's regulatory framework. The rising regulatory burden is estimated to have added at least $5.5 billion in business-related compliance costs over the last five financial years, the report found. Regulatory reform stands as one of ... |
| | | | ... consortium that is attempting to acquire ASX-listed Pepper Money, in a deal that values the non-bank lender at about $1.16 billion. Pepper Group ANZ HoldCo and Challenger confirmed media speculation that they are engaging in such discussions. The consortium ... |
| | | | ... the second half of this year. The HESTA board said she will leave an enduring legacy, having guided the fund beyond $100 billion during more than a decade of leadership. Blakey has been with the fund for more than 17 years, including 11 years as chief ... |
| | | | ... findings, the government will look to divest some 60 properties and historic defence sites, with the aim of raising about $3 billion. The audit found the sites, which include islands in Sydney Harbour and Victoria Barracks in Sydney, Melbourne and Brisbane ... |
| | | | ... professional sports franchises, and a provider of asset management solutions for sponsors. The transaction is valued at US$1.4 billion. An additional US$550 million in future equity is also tied to KKR's share price and business-specific performance ... |
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