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Showing 301 - 310 of 4759 results for "banking"

New Forests appoints first global head of funds

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
... acquiring investments in the natural capital space in Southeast Asia. He has over 23 years of experience in investment banking and alternative asset investment in Asia across senior roles at Sail Ventures, Credit Suisse, and UBS. Louis will be based ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... Treasury, is a rolling 24-month forward program of regulatory initiatives. Based on the UK's system, the grid affects the banking, credit, insurance, superannuation, investment, payments, and capital market entities. ASIC, APRA, the Australian Competition ...

ASIC, APRA issues more FAR guidance

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... authorised deposit-taking institutions (ADIs) for information relating to their existing accountable persons under the Banking Executive Accountability Regime (BEAR) at the transition point to the FAR. The package of materials also asks ADIs for descriptions ...

Perpetual adds director, institutional business

ELIZABETH FRY  |  MONDAY, 11 MAR 2024
... capital, acquiring debt portfolios, and advising clients on financing solutions. Harris' career began in real estate banking. He previously held senior roles in Standard Chartered Bank, where he was regional head of real estate in Southeast Asia ...

Islamic Bank hands back licence

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
The banking startup, owned in part by Hejaz Financial Services, surrendered its restricted licence to APRA last week. Since July 2022, Islamic Bank held a licence to operate a restricted authorised deposit-taking institution (RADI). This "allows an ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... ideal context to make advice more accessible, adding that it is a "much safer sandbox" compared to other industries like banking or other managed investment schemes. "If we can't make it work inside of RSEs or inside of superannuation funds, it's ...

Risk, compliance staff in hot demand

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... said, their skills are likely less desirable to employers as they've "functioned as a small cog in a much more complex banking risk and compliance system." Those who have been employed as contractors for remediation programs that have come to an ...

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... Group managing director Vivek Bhatia said: "Our business simplification strategy is now complete with the sales of our banking and credit management (BCM) business and fund solutions (FS) UK and Ireland business finalised." "We continue to execute our ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
ANZ has had a significant legal win on appeal, with its proposed $4.9 billion acquisition of Suncorp's banking arm given the go-ahead. The decision to authorise the takeover was handed down this morning by the Australian Competition Tribunal (ACT) ...

AMP chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... Colonial, Westpac, and Chase AMP Bank. He was also deputy chair of the Treasury Corporation of Victoria and the Australian Banking Association. Hirst is currently a board member of GMHBA and Racing Victoria. "I feel very privileged to be taking on the ...