Investment Banking News
Australian regulators slam bitcoin’s surge, dubbing it speculative
InvestorDaily Speaking at the ASIC Annual Forum, the regulator’s chair, Joe Longo, cut through the hype with a blunt “who cares” about bitcoin’s price jump. Asked to comment on bitcoin’s performance since the US election, Longo called it a classic case of the “bigger fool theory”. The chair also criticised bitcoin’s environmental impact, pointing out: […]
AMP adds to super, investments arm
InvestorDaily AMP has announced the appointment of Julie Slapp to the role of director for growth and customer solutions, a newly created role, and Cloe Reece as general manager, risk, compliance and policy. According to the financial services company, both will report to group executive, superannuation and investments, Melinda Howes. Joining AMP in the newly […]
Welcome to the party: Why ESG is now part of the mainstream
Investment Magazine At the heart of an environmental, social and governance (ESG) approach to investing is the belief that it leads to better long-term risk-adjusted investment returns for members. Increasingly, it’s recognised that an ESG lens is an invaluable tool for managing risk. But ultimately, ESG is about delivering what’s in members’ best interests, and its […]
Citi and Apollo’s US$25bn deal set to shake up private credit market
InvestorDaily Late last month, Citibank and Apollo Global Management announced their partnership to establish a US$25 billion private credit direct lending program. Dubbed the largest collaboration between a bank and a private credit manager, the program aims to finance approximately US$25 billion in debt opportunities over the coming years, leveraging Citi’s banking expertise and Apollo’s […]
GSFM executive chairperson announces retirement
InvestorDaily Robert Johanson has been appointed chair of GSFM, effective 1 October 2024. Bringing over three decades of experience to the board, Johanson previously served as chairman at Bendigo and Adelaide Bank for 12 years and a director of Grant Samuel for more than 20 years. He has also been a member of the Takeovers […]
CBA unveils revamped leadership team
InvestorDaily Commonwealth Bank of Australia (CBA) is set to welcome a revamped executive leadership team following the departure of two senior executives next year. In a statement to the ASX on Wednesday, CBA chief executive Matt Comyn explained the bank’s chief risk officer, Nigel Williams, and group executive for human resources, Sian Lewis, are set […]