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26 October 2017 • By Tim Stewart • 1 min read

Stripped-back ANZ posts $6.4bn profit

ANZ is halfway through a multi-year “transformation” that is creating a more “agile” business with a renewed focus on its Australian and New Zealand ...

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‘Neobanks’ to crowdfund through Equitise

Crowdfunding legislation passed last month has allowed for fully digitised “neobanks” such as Xinja to raise capital through online crowdfunding ...

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Netwealth IPO to raise $264m

Platform provider Netwealth has lodged a prospectus with the ASX as part of an effort to raise $264 million via an IPO, with the company expected to ...

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Australian Unity appoints retail sales head

Australian Unity’s general manager for life and super has been promoted to head the new retail platform as part of an organisational shake-up that ...

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GSFM hires key account manager

Wealth management firm Grant Samuel Funds Management has appointed a former senior BDM at Fidante Partners to the newly created role of key account ...

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Major banks and insurers eye up annuities

Shifts in demographics and regulation may see life insurers and financial institutions drift towards the annuities market, Morningstar has predicted

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ANZ BBSW penalty too low: P2P lender

Peer-to-peer lender RateSetter says ASIC should be commended for its pursuit of the banks over alleged manipulation of the bank bill swap rate, but ...

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Perennial Value names new head of retail sales

Perennial Value Management has announced the promotion of its senior investment specialist to head of retail sales. With over two decades’ ...

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Aberdeen LIC appoints CEO

Listed investment company Aberdeen Leaders has appointed David Sokulsky as its new chief executive and chief investment officer. Dr Sokulsky joins ...

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Crestone recruits UBS chief economist

***Updated*** Non-institutional wealth management firm Crestone has announced that Scott Haslem will take up the position of chief investment officer ...

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