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Volt Bank announces abrupt closure

29 June 2022 • By Jon Bragg • 1 min read

Volt Bank announces abrupt closure

The neobank has urged customers to withdraw all funds and stop using their accounts. On Wednesday, Volt Bank announced it will close its ...

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AMP completes divestment of remaining equity in RLA

Resolution Life Australasia severs ties with AMP. AMP has completed the divestment of its remaining 19.13 per cent equity interest in Resolution ...

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AMP adds former J.P. Morgan executive to its board

The firm said that the new appointment would bring strong expertise to the AMP board. Former J.P. Morgan Chase & Co executive Andrew Best has ...

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ASX vows to do better while ASIC pushes for alternative trading options

The regulator has put pressure on market operators and participants to meet its expectations on resilience. In order to improve the resilience of ...

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ASIC wins appeal against short-term lenders

The firms had claimed they did not require an Australian credit licence. The Full Federal Court has reversed a previous ruling which found that the ...

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bfinance appoints to new business development director role

The independent investment consultancy has made a new senior hire. bfinance has announced the appointment of Sebastian Mays to the newly created ...

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Janus Henderson hires emerging market debt team

The team has been poached from one of the largest asset managers in the Nordic region. Janus Henderson has announced an expansion to its fixed ...

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‘Less wealthy clients are undervalued and underinvested’, report finds

These client segments are estimated to represent a potential $332 billion revenue pool worldwide. Wealth managers may be leaving money on the table ...

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Suncorp confirms ‘review’ of banking operations

The group has confirmed that it is currently reviewing “strategic alternatives” for its banking operations, following media reports that it is ...

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Dye & Durham lowers takeover bid for Link

Due to competition concerns and the current state of financial markets, Canada’s Dye & Durham has now proposed a lower offer price

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