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Showing 61 - 70 of 4481 results for "banking"

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... venture debt offering to the Australian market which specifically targets technology focused startups. According to the banking giant, an initial $228 million has been allocated to the new offering, with loans ranging from $10 million to $30 million ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... focus for BNP Paribas. "We have steadily invested in this field, with a strong emphasis on our integrated and innovative banking solution range across BNP Paribas' Securities Services and Global Markets business lines," Benoit said. "Our hedge fund administration ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... in the same boat, particularly as capital markets costs soar. The fact that AMP Bank announced an overhaul to a digital banking unit to target small businesses is an example of how smaller entities are feeling the pinch. AMP announced that it will commit ...

Bell Financial Group welcomes group head of sales

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... third-party clearing services, Bell FG said. Saunders moves across from NAB Private Wealth after over 13 years with the banking giant. His most recent position was serving as the regional director for the northern region of NAB's private wealth solutions. ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... cognisant of cybersecurity concerns. He pointed out that some super funds are investigating the possibility of obtaining banking data using the Consumer Data Right, or open banking as it is widely known. "For a compulsory system, obtaining data through ...

Lombard Odier breaks into Australia, issues private credit mandate

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... expertise and years of experience in funds governance pairs well with LOIM's incredible longevity and history in private banking and asset management," Godfrey said. Interestingly, Anglican Funds head Peter Munns also welcomed the entry of Lombard ...

First Sentier, AlbaCore complete partnership

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... growth. "Today is an exciting and important day for First Sentier Investors, our shareholder Mitsubishi UFJ Trust and Banking Corporation, and our new partner AlbaCore," he said. "The alternative credit capabilities that AlbaCore brings to the table ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... expense of the Aussie population, who have faced higher interest rates and increased mortgage repayments, PwC Australia banking and capital markets leader Sam Garland said this isn't the case. "Clearly, rising mortgage rates are not fun and very ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... after a series of transformative years, has empowered the bank to persist in supporting customers and enhancing their banking experience. "We continued to strengthen our balance sheet and closed the year with provisions for potential credit losses higher ...

NAB commits to $1bn of lending to boost First Nations businesses

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
... organisations jump by 140% from its current lending position of $413 million. NAB group executive business and private banking Andrew Irvine told Financial Standard it's an ambitious target, but one the bank will happily beat. "It's a goal that ...