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Showing 311 - 320 of 789 results for "Financing"

Xero acquires business lender

ALLY SELBY  |  TUESDAY, 25 AUG 2020
Accounting software provider Xero has acquired an invoice financing business, set to help small businesses access capital. Xero has acquired cloud-based lending platform Waddle, and will cough up an upfront cash payment of $31 million, as well as subsequent ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment financing business set to be combined with Cerberus affiliate company Angle Finance upon completion of the transaction. Strategic ...

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... bank says these numbers, while extensive, may not all be breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. "A significant proportion of the potential reporting issues relate to a range of complex scenarios where the legislation ...

US pension funds form trading alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Four US pension funds have partnered to form the Global Peer Financing Association (GPFA), in a bid to increase and encourage peer-to-peer trading activity in the securities lending and repo markets to benefit asset owners. California Public Employees' ...

Westpac nabs Deutsche Bank executive

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... region. Prior to Deutsche Bank, Miller was a managing director at Goldman Sachs based in Hong Kong and a partner in the financing group for Asia Pacific. Miller had been with Goldman Sachs for over 16 years, having started with the company in 2001. Westpac ...

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... number of high profile economists, including former Bank of Israel governor Stanley Fischer, have said central bank financing of government spending may be appropriate in some circumstances. Lowe said those circumstances include when conventional monetary ...

AustralianSuper appoints head of financial crime

KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
... security and resilience, Garcia will be responsible for compliance with anti-money laundering and counter-terrorism financing, preventing fraud and other financial crime. He will also work on business continuity, privacy, data governance and fund resilience. ...

McMillan Shakespeare restructures operations

ALLY SELBY  |  MONDAY, 29 JUN 2020
... organisation. McMillan Shakespeare is a single source solution provider of salary packaging, novated leasing, consumer and fleet financing, and asset management services. While new asset financing remains subdued in Australia and New Zealand, the solution ...

HESTA to go zero carbon

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020
... coal mining restriction across all investment options and recently extended this restriction to further eliminate the financing of potentially stranded assets, HESTA noted. The foundation of the CCTP and the work that will be needed to ensure its implementation ...

HSBC hit with $2.3bn suit over Disney investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
... in Disney films allegedly promoted by its private bank in the UK. The Eclipse Film Partnerships were a series of film financing schemes conceived by HSBC and promoted by Future Capital Partners. Eclipse allegedly claimed investors would have the opportunity ...