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Showing 781 - 790 of 6175 results for "Statement"

FNZ acquires private banking tech firm

CASSANDRA BALDINI  |  THURSDAY, 21 JUL 2022
... cross-border wealth sector. New Access is primarily active in the Switzerland, Liechtenstein and Luxembourg markets. A joint statement said the markets are key to serving and administering client wealth globally and will support FNZ in delivering on ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... again. The pressure will be on to strip costs and generate more profits, to create a return for shareholders." In a statement, the Finance Sector Union (FSU) said the deal endangered the jobs of Suncorp staff. FSU secretary Julia Angrisano said back-office ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... PCP). HUB24 attributed the lesser portfolio, administration and reporting services FUA figures to market movements. In a statement, HUB24 said: "During the quarter advisers have been focussed on supporting their clients through recent market volatility ...

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... definition of 'related party' with that used in the Australian Accounting Standards", according to Jones' statement. In response to the announcement, Senator Andrew Bragg said: "The minister for industry super Stephen Jones released draft ...

Pendal FUM drops $12bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... quarter, down from $124.9 billion at the end of the March quarter. It reported total outflows of $4.2 billion and in a statement said institutional outflows were primarily in fixed income ($1.3 billion), which included the closure of its Alternative ...

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Celsius Network has filed for Chapter 11 bankruptcy making it the latest victim of the crypto crash. In a statement, Celsius said it has filed with the Court a series of customary motions to allow it to continue operation. These "first day" motions ...

BetaShares grows team amid increased demand

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
... made NSW/ACT state manager, Craig Higson takes on responsibility for QLD/NT, and Brendan Prowse will oversee WA. In a statement, BetaShares chief executive Alex Vynokur said the appointments reflect the firm's dedication to meeting clients' investment ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... approval ratings are comparatively lower than that of the last 12 US presidents, including Donald Trump. In a White House statement, Biden said: "Tackling inflation is my top priority - we need to make more progress, more quickly, in getting prices under ...

Foresight buys Infrastructure Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUL 2022
... products in both new sectors and new geographies, providing clients access to a wider suite of products and services," a statement said. "The strong business complementarity and cultural alignment between ICG and Foresight is expected to facilitate a ...

Victorian AR charged with providing unlicensed advice

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
... or credit business, or performing any function in relation to carrying on a financial services or credit business. A statement from the regulator alleged that between January 2019 and March 2020 Bhandari provided seven consumers with personal financial ...