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

Search Results

Showing 371 - 380 of 7674 results for "Deal"

Former adviser charged over clients' near $1m loss

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
A permanently banned former financial adviser has been slapped with multiple charges for allegedly making dishonest representations to potential investors in relation to acquiring shares in his own doomed company. Donald James Cuthbertson, the founder ...

Regal assets hit $18bn

KARREN VERGARA  |  MONDAY, 28 JUL 2025
... Ark Capital Partners was founded in 2021 by Rahul Parrab and Mark Bullock, and they retain their shareholdings. Under the deal, Regal chief executive Brendan O'Connor and Adrian Redlich will join the Ark board alongside Parrab, Bullock and Sarah ...

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
The Federal Court has dismissed ASIC's appeal in the Finder Wallet case relating to the defunct crypto-asset related product Finder Earn. Wallet Ventures (previously known as Finder Wallet) is an AUSTRAC-registered digital currency exchange. The ...

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
Macquarie Group suffered its first strike against its remuneration report at the annual general meeting yesterday, with 25.4% of shareholders expressing their dissatisfaction. Macquarie Group chair Glenn Stevens told the meeting that senior leaders ...

SS&C to take over Calastone for $1.6bn

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... billion (£766m) upon Carlyle Group announcing it will divest the majority stake it bought in 2020. Upon completion of the deal, which is expected to be in the final quarter of 2025, Calastone will operate as part of SS&C's Global Investor & Distribution ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... firm did not meet its AFSL obligations as it failed to have adequate policies, frameworks, systems and controls in place to deal with cybersecurity risks. It also claims that Fortnum had a statutory obligation under the Corporations Act as a financial ...

CC Capital drags feet on Insignia takeover bid

KARREN VERGARA  |  MONDAY, 21 JUL 2025
... finalised the outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February. Staff working in administration, technology and digital teams that support Insignia's master trust business ...

Aware Super completes $1bn of acquisitions

ELIZA BAVIN  |  MONDAY, 21 JUL 2025
... the partnership with Aware Super. "With Aware Super, an exceptional partner, we are able to leverage capital strength with deal sourcing, investment, and asset management capabilities to work together to create a market-leading portfolio, which will ...

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
Two advice licensees have paid infringement notices after they were found to have authorised advisers and had them provide personal advice while unregistered. Skye Money and Smart Financial Capital have both paid fines of $31,300 to ASIC for authorising ...

TAL, Challenger help launch MLC Retirement Boost

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
... and flexibility to deliver personalised retirement income strategies to advised clients in the next 12-18 months. In the deal, Challenger will deliver the retirement expertise and distribution services. "Backed by 40 years' experience in retirement ...