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| | | The finalists for the 29th annual Financial Standard MAX Awards have been named, with voting now open until May 5. The Financial Standard MAX Awards highlight individuals, teams and organisations in the financial services industry excelling in the fields ... |
| | | | ... retrospective impact. The proposed taxation approach may result in assets being taxed on their unrealised gains, and upon sale, the realised gains would face taxation again, she said. Also, despite the planned implementation of the legislation on 1 July ... |
| | | | In an ASX announcement, Challenger reported a significant uptick in retail annuity sales in quarter three. Challenger's total Life sales were $2 billion, reflecting strong retail and Japanese sales. However, institutional sales ($1 billion) fell ... |
| | | | ... Link Fund Solutions. It is still trying to sell the Luxembourg and Swiss entities. The FCA has signalled it will support the sale, Link said, which is expected to complete in October. Link has also reached a settlement with the FCA over its involvement ... |
| | | | Fund manager GAM has confirmed it is talks with UK asset manager Liontrust Asset Management over a potential sale. In a short announcement to shareholders, GAM added that it is also in similar discussions with others. It said it is "working tirelessly ... |
| | | | ... grown by $2 billion over the past quarter and we have reduced net cash outflows compared to Q1 2022." "The completion of the sale of the final AMP Capital business last month has further sharpened our focus on driving the performance of our banking and ... |
| | | | ... to buy. Further, he didn't disclose to Shaw and Partners the significant commissions he was paid by McFaddens for the sale of the unlisted securities, and accepted some commissions that constituted conflicted remuneration. Finally, ASIC said he made ... |
| | | | A BlackRock subsidiary has been tasked with disposing the mortgage-backed assets of Silicon Valley Bank and Signature Bank that collectively amount to US$104 billion ($156.2bn). The Federal Deposit Insurance Corporation recently announced that it retained ... |
| | | | ... on 16.4% of Cordillera's revenues, both management fees and performance fees, and 24.9% of the proceeds in the event of a sale. PAC estimates that its investment will provide between $3.0 million to $3.7 million in management fees for FY24. It also expects ... |
| | | | ... JPMorgan's ill-fated student financial aid solution has been formally charged with fraud by the US regulator over the company's sale, while a criminal investigation is also underway. In September 2021, JPMorgan Chase paid US$175 million for Frank, a ... |
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