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Showing 9591 - 9600 of 17967 results for "Bank"

IOOF invests $75m in syndicated loan market

MARK SMITH  |  FRIDAY, 21 JUN 2013
IOOF multi manager, IOOF Multimix, has become one of the first non-bank participants in the syndicated loan market through its $75 million investment in the Metrics Credit Partners Diversified Australia Senior Loan Fund. Metrics Credit Partners provides ...

ASIC far too slow to act on misconduct: Senator

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
... the approval of the Senate inquiry into ASIC, CBA said that it is willing to participate in the review. "The Commonwealth Bank is willing to participate in the review if required to clarify relevant issues, including the significant changes and improvements ...

Elana Rubin nabs property board appointment

ALICE URIBE  |  FRIDAY, 21 JUN 2013
... institutional involvement, Rubin said. Qualitas through its wholly owned subsidiary Arch Finance is one of the largest non-bank commercial property senior debt lenders in Australia and in addition Qualitas has an active dedicated mezzanine debt origination ...

UBS investment head departs

MARK SMITH  |  FRIDAY, 21 JUN 2013
... investment ideas to local clients. Prior to joining UBS he worked for three years as head of investment strategy at HSBC Private Bank in Hong Kong. The Australian Financial Review reports that he is thought to be heading back to Asia for family reasons ...

The great unwind

BENJAMIN ONG  |  FRIDAY, 21 JUN 2013
"...And then I go and spoil it all by sayin' something stupid like 'we'll taper soon'." Sorry to spoil your immortal classic Frank (Sinatra) but "I love you" just doesn't apply to Ben Bernanke right now. Not with the trashing the equity markets, the ...

Market Wrap AM

AAP  |  FRIDAY, 21 JUN 2013
... sharply lower following hefty falls on international markets after US Federal Reserve chairman Ben Bernanke said the central bank may start winding back its stimulus measure before the end of the year. At 0817 AEST on Friday, the June share price index ...

ASIC to face parliamentary inquiry over CBA

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
... it was revealed that the regulator took 16 months to act on information that suggested serious misconduct in Commonwealth Bank financial planning. The vote took place today following a notice of motion by senator John Williams that was supported by senator ...

Man Group hires former JP Morgan MD as CEO

MARK SMITH  |  THURSDAY, 20 JUN 2013
Alternative asset manager Man Group has appointed Jamie Douglas as chief executive of its Australian business. Reporting to Man chief executive Emmanuel Roman, Douglas will have responsibility for giving local and international investors access to Man's ...

BGL adds bank data to SMSF software

JAMES FERNYHOUGH  |  THURSDAY, 20 JUN 2013
BGL Corporate Solutions will add a bank data service to its administration software for self-managed superannuation funds (SMSFs). The bank data can be downloaded to BGL's Simple Fund and Simple Fund 360, and "completes the picture" of BGL's offering ...

Infrastructure trumps other assets over time: ISN

JAMES FERNYHOUGH  |  THURSDAY, 20 JUN 2013
... over the next five years. However, it said certain impediments - such as liquidity issues, and the favouring of investment bank-led syndicates in current bid processes - make investment in infrastructure more difficult than it needs to be. The ISN also ...