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Showing 31 - 40 of 1717 results for "Lendi"

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
While the local robo-advice industry flounders, Wealthfront has hit a record high of more than US$50 billion ($77bn) in assets under management, catering to 700,000 investors. The US robo-adviser boasted that as it continues to diversify offerings ...

Bell Financial Group welcomes group head of sales

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
Bell Financial Group (Bell FG) appointed Craig Saunders to the newly created group head of sales role, effective immediately. According to Bell FG, Saunders will focus on expanding the group's footprint in the intermediary and broking segments of ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
The group has formed an origination partnership with Apollo Global Management, giving Challenger Life access to private global credit and alternative capabilities. Building upon its existing partnership, Challenger said the extended agreement grants ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Soaring interest rates bolstered Westpac home and business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned ...

La Trobe reveals global strategy, partners

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
La Trobe Financial is harnessing its global network to expand offshore, with the initiative kicked off with the introduction of the La Trobe US Private Credit strategy, a product created in collaboration with Morgan Stanley. La Trobe Financial is broadening ...

NAB commits to $1bn of lending to boost First Nations businesses

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
NAB is ramping up its support of First Nations businesses, setting a $1 billion lending target over the next three years. The commitment will see NAB's funding of First Nations businesses and community organisations jump by 140% from its current ...

EG grows private wealth strategy

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
Following its decision to tap into the private debt market, EG Funds (EG) has appointed a director of business development to expand its fast-growing private wealth division. EG Private Wealth, spearheaded by director Rodney Walt, partners with private ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
Pepper Money has introduced a new offering, providing loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties. With lending options up to $3 million, the 'super smart' loans are designed for ...