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10 November 2017 • By Tim Stewart • 1 min read

Court approves ANZ’s $50m BBSW settlement

The Federal Court has approved ANZ’s settlement with ASIC in the bank bill swap rate action, with ANZ agreeing to pay $50 million and accepting it ...

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CFS adds direct infrastructure to MySuper funds

Colonial First State’s MySuper lifecycle funds have grown to sufficient scale to hold direct infrastructure assets. Colonial First State (CFS) has ...

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NAB to recruit 600 ‘tech specialists’

NAB has announced plans to “immediately” hire 600 technology specialists as part of a restructure that will see the bank reduce its headcount by 4,000 ...

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Perennial Value restructures investment team

Perennial Value Management has announced two internal promotions to its mid-cap and small-cap teams. Head of small caps Grant Oshry has been ...

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‘Long way to go’ on super consolidation

The total number of super funds has more than halved in the past decade, says Rice Warner – and it is likely to reduce by another 60 per cent in the ...

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Trump delivers little apart from ‘uncertainty’

One year after Donald Trump’s presidential election win, initial market euphoria about tax cuts and infrastructure spending has given way to ...

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VanEck launches cryptocurrency indices

VanEck subsidiary MV Index Solutions has partnered with CryptoCompare to launch a set of 12 indices that track different cryptocurrencies

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BNY Mellon makes Asia-Pacific hires

Boutique asset manager BNY Mellon Investment Management has appointed an institutional sales director and a business development manager to be based ...

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APRA publishes life insurance claims data

A new pilot data collection project into life insurance claims has found that 103,100 claims were finalised in calendar 2016, of which 92 per cent ...

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CBA earnings up 6% as expenses rise

CBA has increased its cash earnings by 6 per cent as it puts aside money to provision for the impending money-laundering civil case brought by AUSTRAC

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