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| | | Wholesale trading platform AUSIEX will acquire fixed income trading business FIIG Securities by the end of June 2025. The acquisition price has not been disclosed, but Financial Standard understands it has been described as "fair value". Financial Standard ... |
| | | | Pacific Current Group (PAC) saw funds under management (FUM) lift in the first quarter of 2025 thanks to affiliate Pennybacker Capital reporting a 17% jump in total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from ... |
| | | | BNP Paribas has named Nicolas Parrot as its new chief executive for Australia and New Zealand, replacing Karine Delvallée. In his new role, Parrot leads a team that delivers global markets and banking, and securities services solutions and asset management ... |
| | | | The Consumer Price Index (CPI) rose 0.9% in the March 2025 quarter and 2.4% annually, according to the Australian Bureau of Statistics (ABS). "The March quarter increase of 0.9% follows two quarters in a row of 0.2% rises," ABS acting head of prices ... |
| | | | Acenda, created pending the merger of MLC Life Insurance and Resolution Life Australasia, has formed an innovation function led by a Suncorp veteran. Acenda said the new division will initially focus on supporting the development of new insurance propositions ... |
| | | | Defunct advice firm Equiti Financial Services, since renamed DOD Bookkeeping, which has been placed into liquidation, has been slammed with an $11.03 million penalty for providing "cookie cutter" advice and breaching conflicted remuneration laws. Equiti ... |
| | | | Private capital, active ETFs and tokenisation are set to take the financial services sector by storm over the next three to five years, Deloitte predicts. Deloitte's 2025 Financial Services Industry Predictions report lays out six major forces that ... |
| | | | LGT Crestone Wealth Management has nabbed a top risk professional from Challenger Ltd. After seven years at Challenger in several risk and compliance roles, Karen James Lawson has stepped into the top risk role at LTG Crestone. Confirming the appointment ... |
| | | | The Queensland government's central financing authority welcomed a former TCorp treasury lead as its new boss. Queensland Treasury Corporation has appointed Simon Ling, an executive with nearly three decades of experience in investment banking ... |
| | | | TWC Investment Management, a founder-owned and led boutique, has added a senior quant to its team. Diana Olteanu-Veerman has joined the firm led by former executives from PGIM, Goldman Sachs and Credit Suisse. The firm, led by former executives from ... |
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