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Showing 871 - 880 of 2378 results for "Joint"

Charges laid in ANZ criminal cartel conduct case

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
... and Deutsche. In August 2015, ANZ offered an institutional placement of 80.8 million shares. Two of the placement's joint lead managers, Citigroup and Deutsche, allegedly took up about 25.5 million of the shares. This represents about 31.5% of the ...

Netwealth boosts class action involvement

JAMIE WILLIAMSON  |  TUESDAY, 5 JUN 2018
... on a quarterly basis, as well as historic details of class actions the platform provider has participated in. Netwealth joint managing director Michael Heine described the addition as a valuable facility, telling Financial Standard it is another step ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
Commonwealth Bank will pay $700 million to resolve civil proceedings brought against it by AUSTRAC for contravening anti-money laundering and counter-terrorism laws - almost double what it anticipated. CBA has announced it reached an agreement with ...

ANZ, Deutsche and Citigroup under investigation for alleged cartel conduct

KANIKA SOOD  |  FRIDAY, 1 JUN 2018
... Australia are the two other companies against which ACCC expects charges to be laid. ASIC is also investigating whether the joint lead managers of ANZ's underwritten institutional placement (on 7 August 2015) should have stated that about 25.5 million ...

LaSalle acquires Aviva real estate business

DARREN SNYDER  |  THURSDAY, 31 MAY 2018
... capabilities to offer comprehensive integrated investment solutions across the risk spectrum in third party fund investing, joint-ventures and co-investments," he said. Aviva's global head, indirect real estate, Bart Coenraads, said the real estate ...

Advisers still resistant to social media

JAMIE WILLIAMSON  |  THURSDAY, 31 MAY 2018
... "This is far from ideal when you consider our customers engage online every day with Facebook, Google and Amazon," Netwealth joint managing director Matt Heine said. "Our new competitors are not other advice practices or financial institutions, but customer-obsessed ...

Asset manager welcomes new hires

JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
... joined Ironbark Asset Management as head of client solutions. Kenny was most recently chief executive of Australian Unity joint venture, Federation Alliance, a superannuation and managed accounts platform provider. Kenny brings more than 20 years' experience ...

Netwealth affirms value of financial literacy

HARRISON WORLEY  |  WEDNESDAY, 23 MAY 2018
... financial literacy is a lack of understanding as to what things actually cost given the more virtual nature of money. Netwealth joint managing director Matt Heine highlighted that the practical applications Banqer provides means children are learning ...

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
Commonwealth Bank has offloaded its stake in a Chinese life insurance joint venture for $668 million. CBA sold its 37.5% equity interest in BoComm Life Insurance to Japanese insurer Mitsui Sumitomo as per a condition of the bank's sale of its Australian ...

BBSW methodology restores trust

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... bill swap rate began on Monday, a direct response to maintain trust in the interest rate benchmark following misuse. In a joint statement the RBA and ASIC said the new BBSW methodology calculates the benchmark directly from market transactions during ...