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01 March 2022 • By Maja Garaca Djurdjevic • 1 min read

CBA sells 10% holding in Chinese bank

CBA has agreed to sell a $1.8 billion stake in a Chinese bank. Commonwealth Bank of Australia announced on Tuesday it has entered into a binding ...

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Future Fund to divest $200m held in Russian companies

The Future Fund will wind down its $200 million holdings in Russian companies. The Future Fund confirmed on Monday it will wind down the $200 ...

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Oliver Wyman announces new partner for Australia

Oliver Wyman has confirmed the appointment of Ashish Sharma as partner in its financial services practice for Australia. Based in Sydney, Mr Sharma ...

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Calls grow for a $5m cap on super balances

Mercer has called for a super balance cap to be introduced in the name of equality, fairness and sustainability. The federal government has been ...

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What’s on the horizon in crypto regulation?

Stronger licensing and accreditation requirements could be in the offing for crypto asset advisers, according to Zerocap. ASIC could move towards ...

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Strong outlook for M&As as average deal value soars

Businesses have shifted their focus from quantity to quality in M&A deals. The average value of merger and acquisitions (M&A) soared to ...

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Patience remains key to RBA rate hikes

The Reserve Bank is expected to remain patient on interest rates in light of recent developments. The RBA’s patient stance on rate hikes is widely ...

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Zip announces acquisition of Sezzle

Zip has confirmed the acquisition of Sezzle. In an ASX listing on Monday, Zip confirmed it has entered into a definitive agreement to acquire ...

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Ukraine raises crypto worth millions

The Ukrainian government and NGOs supporting the military have raised over US$18 million in cryptocurrencies following a social media appeal

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QSuper and Sunsuper merger finalised

The merger of QSuper and Sunsuper has been finalised. The Australian Retirement Trust has become the second largest super fund in the country with ...

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