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Showing 81 - 90 of 5236 results for "Credit"

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... their banking experience. "We continued to strengthen our balance sheet and closed the year with provisions for potential credit losses higher than prior to the pandemic and with more capital than ever before. This is critical as we enter a period of ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... group has formed an origination partnership with Apollo Global Management, giving Challenger Life access to private global credit and alternative capabilities. Building upon its existing partnership, Challenger said the extended agreement grants it direct ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
Equity Trustees has given notice that it intends to wind up the trust that underlies the collapsed Australian Corporate Bond Company (ACBC), requesting Cboe Australia allow it to delist its exchange-traded bond (XTB) products. Cboe has agreed in principle ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... chief executive Brendan O'Connor indicated that incorporating PM Capital would enhance Regal's current global equities and credit investment capabilities. "Paul Moore and his highly experienced investment team are well-recognised as one of Australia's ...

Perpetual loses key executive to First Sentier

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... distribution and chief operating officer for the Singapore business. She previously held senior roles with Deutsche Bank and Credit Suisse. Replacing her is Craig Squires, currently Perpetual's deputy chief operating officer. He initially joined ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
... boutique fund managers across the US, the UK, Europe, India, and Australia. In September it bought into LA-based private credit and structured equity investment management firm Avante Capital Partners (Avante). Interestingly, PAC also backed GQG in its ...

La Trobe reveals global strategy, partners

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
... its global network to expand offshore, with the initiative kicked off with the introduction of the La Trobe US Private Credit strategy, a product created in collaboration with Morgan Stanley. La Trobe Financial is broadening its current asset management ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... investment strategies seek to provide financing solutions across the capital structure, with investments incorporating private credit, mining finance, royalties, and private equity. Since its inception, Taurus has raised a cumulative US$2.9 billion in ...

Licensees flout breach reporting regime: ASIC

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... comply with the reportable situations regime two years on. Of the 16,836 reports ASIC received from financial services and credit licensees in the year to June 2023, 17% took over one year to identify and commence an investigation into an issue after ...

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

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
... "The challenge with a lot of these businesses is to be able to understand them enough and bring them into the bank so our credit team can assess them. The conduits that I have allow us to do that. So, we can get them in and support them." Irvine reinforced ...