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Showing 371 - 380 of 1873 results for "lending"

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... Australia's leading retail mortgage broker," Aussie chief executive James Symond said. "We are currently posting record lending volumes through our network of over 970 brokers and over 210 stores and, by underpinning Lendi's technology across our national ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... investors' money was in the IPO Wealth fund when its troubles started in April 2020. IPO Wealth was primarily a debt fund lending money to IPO Wealth Holdings which traded as Mayfair 101 Holdings, a related party to the fund's investment manager. ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... expecting more goodies in their Christmas stockings. While it kept the price of credit unchanged - repo rate at 0%, marginal lending rate at 0.25% and deposit facility rate at -0.5% - it increased the overall size of its PEPP (pandemic emergency purchase ...

CIP Asset Management enters retail market

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... governance and building long term partnerships with our clients. We have one of the longest track records in Australian private lending markets and our team is uniquely positioned to exploit opportunities across both public and private lending markets," ...

End of the road for advice qualifications

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... Diploma of Financial Planning and a further three Tier 1 personal advice units of competency in financial planning, margin lending and superannuation. According to Rainmaker analysis of the ASIC Financial Adviser Register, about 9894 current financial ...

AustralianSuper hires for investment team

KANIKA SOOD  |  TUESDAY, 24 NOV 2020
... has been appointed investment director, focused on real estate and infrastructure debt. He was a director, real estate lending at Aeriance. Prior to this he held senior positions at Morgan Stanley, Barclays Capital and Societe Generale. Last week, AustralianSuper ...

Praemium board bungle

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... Anthony Wamsteker has joined the board following Praemium's acquisition of Powerwrap. Was previously chief executive - lending at AXA before going onto being the founding chief executive of ME Bank for nine years. Praemium chair Barry Lewin said the ...

Funds management in ASIC spotlight

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
... have (and can publicly share) much greater data on retail management investment products, wholesale funds and non-bank lending."

ASIC charges BitConnect Australia lead

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... and/or a fine of $945,000. ASIC alleged Bigatton operated an unregistered managed investment scheme known as the BitConnect Lending Platform in Australia and that he provided unlicensed financial advice on behalf of another person in, amongst other things ...

ASIC sounds the alarm on buy-now-pay-later

KANIKA SOOD  |  MONDAY, 16 NOV 2020
One in five users of buy-now-pay-later services are missing payments, as the industry almost doubles its lending, according to ASIC's latest review of the sector. The sector tallied up $43 million in revenue from missed payments in FY19, rising 38% ...