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Showing 341 - 350 of 1628 results for "Division 296"

Regulator frets over SPAC boom

ELIZABETH MCARTHUR | FRIDAY, 16 APR 2021

The US financial markets regulator has confirmed it has concerns around the rapid growth of Special Purpose Acquisition Companies (SPACs). US Securities and Exchange Commission acting director for the division of corporate finance John Coates said there ...

Bernie Madoff dies in prison

ELIZABETH MCARTHUR | THURSDAY, 15 APR 2021

The architect of the largest Ponzi scheme in US history has died in prison aged 82. Bernie Madoff had been serving his sentence at FMC Butner, an administrative security federal medical centre for male offenders located in North Carolina, at the time ...

Amundi revamps climate fund

ANNABELLE DICKSON | MONDAY, 12 APR 2021

The European asset manager has launched a new fixed income strategy for its Just Transition for Climate fund to now incorporate the social aspects involved with moving to a low-carbon economy. The Just Transition for Climate fund, previously the Amundi ...

NZ Super Fund appoints two GMs

KARREN VERGARA | WEDNESDAY, 7 APR 2021

The NZ$55 billion New Zealand Super Fund has appointed two senior leads to its executive team, who will join the Guardians on July 5. Paula Steed was appointed general manager of finance and investment operations, responsible for the finance, tax, internal ...

HGL acquires Supervised Investments

ELIZABETH MCARTHUR | FRIDAY, 26 MAR 2021

ASX-listed HGL has acquired fund manager Supervised Investments Australia. Supervised Investments already had an investment agreement with HGL for The Supervised Fund but operated under its own AFSL. Supervised Investments has been brought into the ...

Westpac considering NZ demerger

ANNABELLE DICKSON | THURSDAY, 25 MAR 2021

Westpac has revealed it is in the early stages of reviewing the feasibility of its 160-year-old New Zealand division as capital requirements ramp up. Westpac noted the NZ business continues to perform well but the regulatory requirements in New Zealand ...

AustralianSuper introduces insurance changes

KARREN VERGARA | WEDNESDAY, 17 MAR 2021

AustralianSuper and its insurer TAL are making several changes to insurance premiums that will amend work-cover ratings and see some members pay lower premiums. Following its annual insurance review, Australia's largest superannuation fund, which ...

Westpac merges consumer, business divisions

ELIZA BAVIN | WEDNESDAY, 17 MAR 2021

Westpac has announced it will combine the leadership of its consumer and business divisions to form a new consumer and business banking division, with one executive exiting the business. Westpac said the new division will be led by the current chief ...

Former Wallaby departs Westpac for NAB

ANNABELLE DICKSON | WEDNESDAY, 17 MAR 2021

After six months as head of private wealth, north at Westpac, Phil Waugh has taken on an executive role at NAB. Waugh has been appointed as executive, broker distribution at NAB and will report to executive, home ownership Andy Kerr. Waugh spent four ...

T. Rowe Price expands in Asia

ELIZA BAVIN | TUESDAY, 2 MAR 2021

T. Rowe Price has expanded its research coverage with the establishment of a new office in Shanghai. The investment firm announced it opened the new research office following the establishment of a wholly foreign-owned enterprise, T. Rowe Price Investment ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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