Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3451 - 3460 of 17956 results for "Bank"

Keybridge takes WAM to court

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... associates may acquire any of the processed shares from ASIC," Bolton said. "An order that ASIC must retain an investment bank or stockbroker to conduct the sale of the processed shares...and instructs the appointed seller to use the most appropriate ...

Global manager rolls out local access to alternatives fund

HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
... the amount of outperformance of the current day net asset value relative to the prior day NAV above the Bloomberg AusBond Bank Bill Index after management fees, and subject to a high watermark. Currently run as a hedge fund domiciled in the Cayman Islands ...

Renewed scrutiny for ME Bank

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Liberal MP Tim Wilson has asked to recall ME Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week. During ME Bank chief executive James McPhee's appearance at the last ...

Advice group acquires software business

ALLY SELBY  |  TUESDAY, 2 JUN 2020
The buyer of Chant West's financial planning software business Enzumo has been revealed, with an ASX-listed dealer group set to fork out $1.5 million for the business. Centrepoint Alliance will acquire Enzumo from Chant West, in a move that chief executive ...

MLC Wealth appoints chair

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... ASX-listed Generation Development Group, chair of Tibra Capital and an independent director of CIMB Group, an ASEAN universal bank. Additionally, he is deputy chair of the Australian Indigenous Education Foundation, deputy chair of Surfing Australia ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
The Reserve Bank of Australia's (RBA) policy decision - to be announced this afternoon - will only confirm what everyone already is expecting. RBA Governor Philip Lowe and his board will keep Australia's monetary policy settings unchanged - ...

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
The $14 trillion post-trade securities service provider has rebranded an Australian managed funds business that it acquired in July last year. Sydney-based Ausmaq will be renamed Clearstream Australia from June 1, and will provide custody and administrative ...

Former MLC super boss joins First Sentier

HARRISON WORLEY  |  MONDAY, 1 JUN 2020
... the IAG and NRMA corporate superannuation fund for around six years. Currently serving as a non-executive director of IAG, Bank of Queensland, Cricket Australia and St James Ethics Centre, Tredenick is set to bring decades of experience to the firm's ...

Recruitment lifts as economy reopens

ALLY SELBY  |  MONDAY, 1 JUN 2020
Job ad volumes in banking and finance are up 17% since their COVID-19 lows, with sentiment improving as the Australian economy gradually reopens. That's according to recruitment firm Kaizen Recruitment, who said there has been a backlog of roles ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... that it had interest payments of $3.9 million due to Taiping as at early January 2020. But it did not have enough cash at bank to pay the interest, suggesting it may have been trading while insolvent.