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Showing 51 - 60 of 100+ results for "Treasury"

PIMCO revives local LIT plans

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... March 2020, announcing the move in November 2019. But in February 2020 it confirmed the launch would be delayed while Treasury conducted its public consultation on stamping fees for LITs and LICs. Reviving the trust, PIMCO said it will look to leverage ...

AZ NGA recruits chief operating officer

JAMIE WILLIAMSON  |  WEDNESDAY, 8 DEC 2021
... 2022. In doing so, he will replace Paul Brain who recently took on additional responsibilities in M&A, legal, banking and treasury. Reporting directly to chief executive Paul Barrett, McGeagh will be responsible for overseeing the delivery of AZ NGA's ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... Scheme of Last Resort (CSLR) in light of these Westpac cases. "Westpac, the largest donor with a former executive running Treasury, are again in the 'pop' gun for ripping off consumers," AIOFP executive director Peter Johnston said. "Why 'pop ...

BetaShares changes custodian for hedge funds

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
... Earlier this month, the $21 billion ETF manager awarded a custody mandate to CitiGroup, switching from RBC Investor and Treasury Services which exited operations in Australia. Editor's note: This story was updated at 2.30pm. An earlier version of ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... should assist members to be able to make informed decisions in retirement. McCrea also urged the Parliament to pass the Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill 2021 to ...

Treasurer announces FIRB, RBA appointments

CHLOE WALKER  |  MONDAY, 22 NOV 2021
Treasury has announced new appointments to the Foreign Investment Review Board and the Reserve Bank of Australia Carolyn Kay has been appointed a part-time member of the Foreign Investment Review Board for a five-year term by the Morrison government ...

Citi launches sustainability-linked supply chain finance

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... we are thrilled to be selected as Henkel's launch market for their sustainable supply chain finance program," Citi treasury and trade solutions country head for Australia and New Zealand Scott Southall said. As part of its ESG commitment, Citi launched ...

Cromwell names funds management head

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
... newly created position that will oversee the Australian funds management unit, leaving his most recent role as head of treasury, which he served in for five years. Hinton previously spent more than 17 years at Commonwealth Bank, working across senior ...

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... $21 billion in assets under management, has partnered with Citi. The fund manager was previously with RBC Investor & Treasury Services, which has exited operations in Australia following parent company Royal Bank of Canada's decision in 2019. Citi's ...

Goldman Sachs promotes five in ANZ

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
... has been in that role for more than 14 years. He was previously an economist at the Reserve Bank of Australia and NSW Treasury. Chong is head of industrials for Australia and New Zealand and has been with the firm for more than 17 years. Ginzburg is ...