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Showing 691 - 700 of 3452 results for "Update"

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
The Australian Prudential Regulation Authority (APRA) has finalised its new bank capital framework, designed to strengthen levels of capital and align Australian standards with the internationally agreed Basel III requirements. The new regime, which ...

BetaShares changes custodian for hedge funds

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
The custodian of BetaShares' listed hedge funds has changed. The ETF manager announced to the ASX that from November 26 Deutsche Bank AG will no longer serve as the custodian and prime broker for the three funds. Instead, BNP Paribas has been appointed. ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... strategic direction." She added that the charges are mainly non-cash and related to legacy issues. In its September quarter update, the group reported mixed results. The wealth management business saw $1.4 billion in outflows while the North platform ...

Link enters UK pension market

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... Group announced it received another unsolicited proposal for its banking and credit management business and provided an update on Carlyle Group's progress in its takeover bid.

Link updates on bid offers

ANNABELLE DICKSON  |  TUESDAY, 23 NOV 2021
... announced it received another unsolicited proposal for its banking and credit management (BCM) business and provided an update on Carlyle Group's progress in its takeover bid. Link received an unsolicited, conditional and non-binding proposal from LC ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... businesses and consumers to bid prices higher. But how's it going for Australia? The Australian Bureau of Statistics' (ABS) update on the country's wages suggests that the RBA is correct. The annual growth in the country's total wages accelerated to ...

Citi launches sustainability-linked supply chain finance

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
Citi launched its first sustainability-linked supply chain finance program in Asia Pacific, aiming to support clients advance their ESG priorities. The supply chain finance programs provide funding to a client's suppliers from the date of collection ...

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... consistency across the assumptions used are some of ASIC's proposals under Consultation Paper 351 Superannuation forecasts: Update to superannuation calculators and estimates relief. This includes having standard assumptions for retirement ages and ...

AFCA launches new platform to improve dispute resolution

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
The Australian Financial Complaints Authority (AFCA) today launched a new digital platform to help financial services firms better manage disputes that reach the ombudsman service. The new AFCA member benchmarking dashboard is an interactive platform ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... a life insurance benefit known as a 'rehabilitation bonus benefit' to 297 eligible customers. It also failed to update its definition for severe rheumatoid arthritis in a timely manner, resulting in 12 customers with the condition being denied ...