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Showing 711 - 720 of 6146 results for "credit"

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 ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
The Albanese government has reappointed 24 members to the Financial Services and Credit Panel (FSCP) for a three-year period beginning 1 January 2025. The candidates bring with them a range of knowledge and experience across the fields of business ...

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... governance capability. Burke brings more than 25 years of risk and governance experience, having worked for firms including Credit Suisse, Standard Chartered, PGIM, and Westpac across the Americas, Europe, and Asia Pacific. ART chief executive David ...

HarbourVest adds to local team

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
... sourcing co-investment capital and originating and executing deals. Previously, Mancini ran hedge fund strategic services at Credit Suisse and unlisted assets at AMP Capital as head of investment specialists. His prior experience includes roles at Macquarie ...