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Showing 311 - 320 of 34221 results for "Financial"

US private credit firm swoops in to save Star

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
... quarterly basis, beginning 31 March 2027. A minimum liquidity covenant of $50 million for the first 12 months after financial close, increasing to $75 million between 12 and 18 months and $100 million thereafter. In February 2025, Oaktree Capital offered ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... to appoint an external auditor over its anti-money laundering and counter terrorism financing controls. Binance told Financial Standard it has ceased its derivatives business and voluntarily gave back its Australian financial services licence (AFSL) ...

Blue Owl says its private credit loan books remain healthy

RIDDHIMA TALWANI  |  FRIDAY, 27 MAR 2026
... its loans amid rising concerns over the health of the country's private credit sector. Speaking at the Asia Pacific Financial and Innovation Symposium in Melbourne, Blue Owl co-chief executive Doug Ostrover said there is tremendous disparity in what ...

Macquarie 'preparing for all contingencies' as conflict continues

RIDDHIMA TALWANI  |  FRIDAY, 27 MAR 2026
... has said it is preparing for all contingencies when it comes to the Middle East conflict. Speaking at the Asia Pacific Financial and Innovation Symposium in Melbourne yesterday, Macquarie managing director and chief executive Shemara Wikramanayake said ...

Household wealth rises 2.5%

ELIZA BAVIN  |  FRIDAY, 27 MAR 2026
... Total demand for credit was $142.4 billion in the December quarter. This was driven by households ($63.3bn), private non-financial businesses ($48.3bn) and general government ($24.3bn). Household demand for credit was higher than September 2025, which ...

Non-partisan superannuation 'friendship' group formed

ELIZA BAVIN  |  FRIDAY, 27 MAR 2026
... co-chaired by senator and former Vision Super chair Lisa Darmanin, senator Nick McKim and former shadow minister for financial services Pat Conaghan. Conaghan has now handed the co-chair baton to newly appointed shadow assistant treasurer and shadow ...

Potential US recession in three years: Global insurers

KARREN VERGARA  |  FRIDAY, 27 MAR 2026
... from last year's survey of rising inflation risks. The global survey of 434 chief investment officers and chief financial officers included those who work at life insurance companies. Most surveyed from the Asia Pacific (63%), however, do not expect ...

New deputy chair for FSC

KARREN VERGARA  |  FRIDAY, 27 MAR 2026
The Financial Services Council (FSC) has appointed a new deputy chair as Alexis George steps down from the post. Challenger chief executive and managing director Nick Hamilton will replace George, who was in the role for one year. George's departure ...

Channel Capital adds distribution director

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
... opportunities in the evolving alternatives landscape and build long-term relationships. Channel said the appointment comes as financial advisers face increasing pressure to deliver differentiated portfolio solutions, with traditional asset classes under ...

Magellan strengthens ranks with twin hires

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
Magellan Financial Group is bolstering its senior ranks, bringing in new heads of product and operations as the Sydney-based asset manager pushes ahead with plans to strengthen its next phase of growth. Jonathan Gad joins as head of product, tasked ...