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Showing 321 - 330 of 816 results for "Settlement"

BNY Mellon IM boutique heads for ASX mFunds

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... unlisted managed funds, allowing investors and advisers to buy and sell units in managed fund via a broker on the mFund settlement service. It was launched in 2014. ASX's mFunds last September finally cracked $1 billion, with PIMCO's funds emerging ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... facility for the banking system, with particular support for credit to small and medium-sized businesses. Exchange settlement balances at the Reserve Bank will be remunerated at 10 basis points, rather than zero as would have been the case under the ...

Property manager, sovereign wealth fund enter JV

ALLY SELBY  |  MONDAY, 6 APR 2020
... pleasingly we were able to close this off-market transaction within our targeted timeframes." It comes following the settlement of GIC's investment into Dexus Australian Logistics Trust. According to its website, GIC has well over US$100 billion in assets ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. When announcing the quantitative measures RBA governor Philip Lowe said that ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... Government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. The move comes after RBA governor Philip Lowe announced on Monday the bank was ...

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... California financial services regulator over allegations it was offering illegal loans in the state without a licence. The settlement with the California Department of Business Oversight (DBO) will see the 'buy now pay later' provider cough up $1.5 million. ...

Philippines halts all trading

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... PSE said: "Please be advised that there will be no trading at The Philippine Stock Exchange, Inc. and no clearing and settlement at the Securities Clearing Corporation of the Philippines starting tomorrow, March 17, 2020." "This is in connection with ...

Moelis Australia names co-chiefs, acquires lender

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market. Julian Biggins and Chris Wyke ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... scandal that has continued to rattle the world's fourth largest bank since 2016. The $4.5 billion (US$3 billion) settlement with the Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ) resolves all criminal and civil charges ...

Xplore Wealth outlines 2020 plans

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... direct retail holder identification numbers, which will provide advisers with a "fully integrated" product from trade to settlement, with a linked cash account for dividends and advice fees. Xplore has also teased three new offers for the calendar year ...