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Showing 361 - 370 of 17942 results for "Bank"

Australian economy in 'very good place': RBA

ELIZA BAVIN  |  MONDAY, 22 SEP 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has told a parliamentary inquiry the Australian economy is in a good position, with inflation within the board's target range of between 2-3%. Bullock said the central bank is pleased to see inflation ...

MHC Digital partners to launch stablecoin platform

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... Through the platform, it will issue its stablecoin at 1:1 against Australian dollars held in trust with a big-four Australian bank. It comes as ASIC recently announced an exemption to allow secondary distribution of AUDM, a stablecoin issued by Catena ...

LGT Crestone unveils rebrand

ELIZA BAVIN  |  MONDAY, 22 SEP 2025
... client access to private markets and sustainable investment solutions. This includes the June 2025 acquisition of Commonwealth Bank's high-net-worth advice business, which added $5 billion in assets.

ASIC issues interim stop orders to La Trobe Financial

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... the exception of small cash and term deposit holdings held to meet cash requirements," ASIC said. "These products are not bank deposits. The rates of return are not guaranteed and are determined by future revenue of the pool of assets that comprise the ...

Acadian hires local institutional distribution lead

MATTHEW WAI  |  FRIDAY, 19 SEP 2025
Acadian Asset Management has appointed a Sydney-based executive to strengthen its relationship with institutional investors across Australia and New Zealand. Matthew McLenaghan has been appointed senior vice president, business development, institutional ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
... Karen Chester. He was appointed to lead ASIC on 1 June 2021. His experience includes working as general counsel for Deutsche Bank in London and Hong Kong for 17 years, and a senior adviser at Herbert Smith Freehills. Longo served as the national director ...

ASIC makes 'first-of-its-kind' exemption to broaden digital asset access

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... In July 2025, ASIC provided regulatory relief for participants of Project Acacia, a three-year project to test the central bank digital currency.

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
While financial services organisations may be comfortable with taking risks, certainly when it comes to investing, there are other types of risks they're not so familiar with. It may be 2025, but we continue to consistently see examples of organisations ...

Brighter Super investments chief to step down

KARREN VERGARA  |  WEDNESDAY, 17 SEP 2025
... August 2020. Prior to that he was chief investment officer at ANZ Wealth. He has also held key roles at UBS and the Reserve Bank of Australia. Rider winds down after a 40-year career in finance. Brighter Super chief executive Kate Farrar thanked Rider ...

RBA's Hauser warns super funds of $1tn FX risk

ELIZA BAVIN  |  WEDNESDAY, 17 SEP 2025
Reserve Bank of Australia deputy governor Andrew Hauser has issued a stark warning about the superannuation sector's growing foreign currency exposure, which he said is tipped to reach $1 trillion in value over the next decade. Hauser noted Australian ...