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

Search Results

Showing 581 - 590 of 3451 results for "Update"

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
Both Pendal Group and Perpetual have confirmed the terms of their takeover deal have changed, in addition to the Supreme Court ruling that Pendal could rightfully seek more than a break fee if the deal goes south. Both parties have agreed to revise ...

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ...

Collimate deal nearly over the line

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
... November as expected. However, both parties have stated they are working constructively together towards completion and will update the market on the likely completion date as soon as possible. The $28 billion deal, which was announced in April, includes ...

Equipsuper investment chief on re-energising his team

ELIZABETH FRY  |  MONDAY, 7 NOV 2022
... officer Andrew Howard says the revamp is the culmination of a six-month drive to get the right people in place. Providing an update to Industry Moves, Howard says he's confident the fund is well placed to face whatever may come. Equipsuper has revamped ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
In releasing its full-year results, Westpac has provided an update as to its simplification efforts. The banking giant said one of its main priorities is the continued simplification of its business. Portfolio simplification relating to the businesses ...

Australian Retirement Trust names State Street as custodian

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2022
Australian Retirement Trust has appointed State Street as its custodian and administrator. The $175 billion superannuation fund has confirmed the mandate, chief financial officer Anthony Rose commenting: "After a comprehensive and thorough tender process ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
... expected to be issued to shareholders in November ahead of the scheme meeting, which is targeted for December. On the deal update, Good said: "The proposed acquisition by Perpetual is expected to accelerate growth of the business and our shareholders ...

Cbus overhauls climate change reporting

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... continuing improvement of ClearView and the industry since the commencement of the review, it said. Providing a trading update, in the quarter to September 30, ClearView said it has traded strongly and to expectation. Based on its year-to-date performance ...

Melissa Caddick's home sells

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2022
... group is continuing efforts to recoup what it can from Caddick's collection of jewellery and designer goods, with a further update to be provided soon. Jones Partners has already sold two motor vehicles that belonged to Caddick, a 2016 Audi R8 and a ...