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Showing 331 - 340 of 4756 results for "Banking"

AMP adds to board

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... members would complement the current board as AMP enters the next stage of its strategy, focusing on the expansion of its banking and wealth management ventures in Australia and New Zealand. Further, she thanked McKenzie, who will step down at the end ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... place to ensure disclosure documents were compliant. ASIC further advised that, at the end of December 2022, six major banking and financial services institutions in Australia had, in total, paid or offered to pay a cumulative compensation sum of $4.7 ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... gathering. Treasurer Jim Chalmers said Hauser's appointment "strikes the right balance" between providing deep central banking experience and offering a fresh, global perspective to the work of the RBA. "Hauser comes highly recommended for the position ...

Conscious Investment Management fund receives $50m

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023
... non-executive director and chair of Cafs. Previously, White held senior roles at Challenger Financial Services, HSBC and ANZ Banking Group. CIMSHF2 is currently open for investment. The fund is a 12-year closed end, capital call vehicle and is targeting ...

LGT Crestone offers exclusive access to the Princely family fund

CHLOE WALKER  |  MONDAY, 27 NOV 2023
... competitive institutional price for clients of LGT Crestone in Australia," Chisolm said. LGT is the international private banking and asset management group owned by the Princely Family of Liechtenstein and developed this strategy more than 20 years ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... venture debt offering to the Australian market which specifically targets technology focused startups. According to the banking giant, an initial $228 million has been allocated to the new offering, with loans ranging from $10 million to $30 million ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... focus for BNP Paribas. "We have steadily invested in this field, with a strong emphasis on our integrated and innovative banking solution range across BNP Paribas' Securities Services and Global Markets business lines," Benoit said. "Our hedge fund administration ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... in the same boat, particularly as capital markets costs soar. The fact that AMP Bank announced an overhaul to a digital banking unit to target small businesses is an example of how smaller entities are feeling the pinch. AMP announced that it will commit ...

Bell Financial Group welcomes group head of sales

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... third-party clearing services, Bell FG said. Saunders moves across from NAB Private Wealth after over 13 years with the banking giant. His most recent position was serving as the regional director for the northern region of NAB's private wealth solutions. ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... cognisant of cybersecurity concerns. He pointed out that some super funds are investigating the possibility of obtaining banking data using the Consumer Data Right, or open banking as it is widely known. "For a compulsory system, obtaining data through ...