Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 951 - 960 of 17945 results for "Bank"

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... restricted these entities from transferring property out of Australia, incurring new liabilities, or withdrawing funds from their bank accounts. The proceedings regarding the interim orders have been adjourned to next week. Hewish, on his social media ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The AMP Super Fund trustee, N.M. Super, has had its additional licence conditions lifted, marking the end of all outstanding matters raised by the Financial Services Royal Commission. N.M. Super, which controls the AMP Super Fund and Wealth Personal ...

Wilsons Advisory snaps up private wealth practice

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... executive director - corporate advisory at Evans & Partners and has also held roles at Macquarie Group (New York), CIMB Royal Bank of Scotland, and JBWere. Wilsons Advisory head of private wealth Casimir Skillecorn said the Statton Partners history of ...

BNP Paribas in talks to buy AXA Investment Managers

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2024
AXA is at the pointy end of discussions with BNP Paribas to offload its asset management business for $8.5 billion. AXA Investment Managers has been part of the AXA Group for 25 years and, in that time, has grown to house some $1.4 trillion (€850 ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... was something of a recovery, at least in headline market returns, during FY24, as inflation began to stabilise and central bank rhetoric shifted toward base rates moderating (albeit leaving investors guessing as to the timing). That headline picture ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
The Australian Financial Complaints Authority (AFCA) received a record number of complaints in the 2024 financial year, jumping 9% to more than 105,000. Preliminary numbers show scam-related complaints drove the surge, together with motor vehicle insurance ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... economist Krishna Bhimavarapu said the rise in inflation came in above expectations but an interest rate hike by the Reserve Bank of Australia (RBA) is not necessarily on the cards. "The data reiterates our view that the interest rates are restrictive ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
There are four key themes that will drive investment outcomes over the next generation, says La Trobe Financial's Michael Watson. Speaking at the Advisers Big Day Out (ABDO) regional roadshow in Terrigal this morning, Watson outlined the four themes ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... outcome is achieved for the market, for listed companies and for investors and investment." Notably, ASIC and the Reserve Bank of Australia (RBA) are co-regulators of licensed CS facilities. They share supervisory responsibilities for the four CS facilities ...

Top 10 Australian share funds of FY24

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
... of the Australian economy to date. By June 30, CBA had taken over Citigroup and Mitsubishi UFG to become the 13th largest bank globally."