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13 June 2019 • By Sarah Simpkins • 1 min read

Canadian group to buy Aus wealth manager

Toronto-headquartered Canaccord Genuity Group has moved to acquire Australian financial services business Patersons Securities for $25 million, or 23 ...

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Big four mortgage growth to double: Morgan Stanley

Recent political, economic and regulatory developments are tipped to drive significant home lending growth among the major banks.    Following its ...

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Finance veterans make Queen's Birthday honours list

A range of individuals in the finance sector have been recognised in the Queen’s Birthday 2019 honours list, including RBA board members, the first ...

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UBS inks major deal with Japanese banking giant

The Swiss bank has revealed plans to launch a comprehensive strategic wealth management partnership in Japan. UBS and Sumitomo Mitsui Trust ...

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ASIC in hot water with Law Council

The Law Council of Australia has slammed ASIC deputy chair Daniel Crennan for certain comments he has made around contesting penalties, saying they ...

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Swiss lending start-up to hit Australia

The Credit Suisse-backed alternative lending start-up Tradeplus24 is set to launch in Australia as the company’s first international expansion out of ...

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NAB to pay home loan customers $8m

The major bank will be forced to remediate almost 5,000 additional home loan customers who were overcharged interest after it failed to properly link ...

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Link gets green light on $450m Apex deal

ASX-listed Link Group will offload its corporate services arm to UK-based Apex Group for approximately $450 million after meeting all regulatory ...

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Australian economy has spare capacity: NAB

Recent figures around wage growth and the labour force show that Australia’s economy still has plenty of spare capacity, according to NAB

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Mercantile chair retires amid Sandon takeover

The chairman of Mercantile Investment has announced his imminent retirement amid a takeover offer from Sandon Capital Investments. Due to age and ...

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