ASIC is again taking action against Macquarie Bank for "multiple and significant compliance failures" relating to its futures-dealing business and over-the-counter (OTC) derivatives trade reporting.

Foreign investment in Australia topped $4.9 trillion in 2024, according to data from the Australian Bureau of Statistics, but our own investment abroad is catching up.

Sequoia Financial Group has appointed Daryl Stout as head of licensee and adviser services, set to join the leadership team later this month. Stout will report directly to chief executive Garry Crole ...

An alarming number of licensees are spending less on compliance, a new survey from Holley Nethercote shows, but a slew of reforms slated within the next 18 months could catch them off guard.

Australia is becoming a financial services hub, recording the highest global job growth in March within the sector.

The joint venture, which includes three partnering institutions, is aiming to establish a differentiated platform focused on the US middle market.

Investment manager Zagga has unveiled a new real estate private credit fund that invests directly in quality prime commercial real estate across Australia's east coast.

Channel Capital has launched an open-ended, semi-liquid investment solution providing Australian wholesale investors access to Apollo's asset-backed finance strategies.

Platinum Investment Management is set to lose a sizeable institutional mandate at the end of the week. The ASX-listed manager disclosed it received notice overnight that an institutional mandate worth ...

Labor winning a second term means numerous reforms that fell through the cracks in the lead up to the federal election will potentially see the finish line more seamlessly compared to another party ...

Magellan has sustained another blow, reporting monthly outflows of $1 billion, however its partnership with Vinva Investment Management gave AUM a boost.

The Australian Competition and Consumer Commission (ACCC) has appointed Sarah Proudfoot as chief executive. Despite also conducting an external search, Proudfoot started with the ACCC in 2005 when she ...