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22 March 2023 • By Jon Bragg • 1 min read

Sequoia provides updates on Morrison Securities divestment

The company previously announced that it had agreed to divest 80 per cent of Morrison Securities to New Quantum Holdings. Sequoia Financial Group ...

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Australian banking system best placed to withstand crisis, says industry professional

Australia’s robust regulatory environment and consolidated banking industry have rendered it “well protected” against the bank failures seen in the ...

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Credit Suisse bond wipeout a ‘wake-up call’ for Australian investors

The write-off of over $25 billion in hybrid bonds issued by Credit Suisse should serve as a warning for Australian investors, according to a Pendal ...

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RBA adds fuel to pause rhetoric

RBA members agreed on 7 March to consider a pause at next month’s meeting. Members of the board of the Reserve Bank of Australia (RBA) were already ...

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1 in 4 CFOs seek to diversify bank deposits

The recent string of bank failures has spooked CFOs, with 28 per cent looking to diversify their deposits across more banks, according to Gartner

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Markets stunned by $25bn bond ‘wipeout’

Europe’s regulators have moved to restore confidence in the bond market after Swiss regulators wrote off capital notes issued by Credit Suisse in a ...

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NAB announces replacement for long-serving CFO

The big four bank has outlined changes to its executive leadership team. NAB has announced the appointment of current group executive, strategy and ...

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BlackRock appoints new leader for APAC iShares team

The firm has nabbed Goldman Sachs’ former head of APAC equities electronic services. Nicholas Peach has been named as the new APAC head of markets ...

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Former Tesla Australia director sentenced for insider trading offences

The former director has been sentenced after pleading guilty to insider trading. Former Tesla Australia director Kurt Schlosser has been sentenced ...

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ART set to merge with Alcoa Super

Australian Retirement Trust has announced its third merger of the year so far. Australian Retirement Trust (ART) has announced it has entered into ...

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