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Showing 581 - 590 of 6019 results for "credit"

CapitaLand buys Wingate, expands local presence

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... CapitaLand Investment (CLI) confirmed it is acquiring Wingate Group for $200 million. Adding Wingate will increase CLI's private credit business and portfolio in Australia, enhancing its access to more institutional and private high-net-worth investors ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
The Financial Services and Credit Panel (FSCP) reprimanded two financial advisers who each failed to provide a thorough assessment of their clients' tax liabilities. The first financial adviser, identified as only "Mr. C", was reprimanded for recommending ...

Renewable infrastructure opportunities for HNWIs

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... inclined to want to do good with their capital, we think that there's a really large and deep opportunity around private credit with renewable infrastructure." Roberts said Australia has spent around $35 billion as a nation on renewable generation ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... Trade, the operator of the Kraken Exchange in Australia, has been slapped with an $8 million fine for "unlawfully issuing a credit facility to more than 1100 customers." Bit Trade offered a "margin extension" product, which allowed payments to be made ...

TAL creates consumer and growth unit

MATTHEW WAI  |  THURSDAY, 12 DEC 2024
... from GE Capital where she played a big role in transforming the digital customer experience. Her work included leading a credit card launch in New Zealand and enhancing the firm's digital customer experience. She began her career at Telstra, holding ...

Ares launches private markets fund

ANDREW MCKEAN  |  THURSDAY, 12 DEC 2024
... region underscores the growing demand for private markets across the global wealth channel. Its previously launched a Global Credit Income Fund and Diversified Credit Fund that "attracted significant interest" from wealth investors in Australia. The ...

ART beefs up analytics team

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... division, which drives its governance capability. He brings over 25 years of risk and governance experience, having worked at Credit Suisse, Standard Chartered, PGIM, and Westpac. The incoming risk chief started his career with Ernst & Young, where he ...

Funds are 'getting back to basics', says report

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... sought-after asset, with nearly 60% of respondents aiming to increase allocations, while over 40% plan to shift towards private credit or private equity in the next year or two. A quarter of surveyed funds, meanwhile, plan to reduce cash holdings, which ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... mortgages, rather than increased discretionary spending - which could have had an inflationary effect. "illion's Consumer Credit Stress Barometer for the September quarter showed that, for the first quarter of this financial year, credit stress improved ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... Ponzi scheme, those involved in the action are very pleased. "It is an amazing result from a Ponzi scheme, and it's a credit to the receivers and liquidators of Maliver and Ms Caddick," he said. In December 2023, Chapman told Financial Standard that ...