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12 June 2019 • By James Mitchell • 1 min read

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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Ellerston acquires ESG investment manager

Ellerston Capital has announced it has a controlling stake in a specialist investment manager focused on investing in global equities with ...

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Challenger fund manager CEO resigns

Challenger has announced that its funds management chief executive Ian Saines will be retiring from the investment management firm later this year

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‘Diversification decay’ warning in EM debt

Investors should beware of a growing ‘diversification decay’ problem that is evident in many emerging market portfolios, according to a global ...

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