Slash and earn: Macquarie sells US investment arm in $2.8bn deal
The $68.54bn banking giant will offload its North American and European investment businesses, which consists of almost 700 staff, to Japan’s Nomura.
The $68.54bn banking giant will offload its North American and European investment businesses, which consists of almost 700 staff, to Japan’s Nomura.
The corporate cop’s probe into the opaque private credit sector is demanding operators come clean on conflicts of interest and secret fee-earning arrangements.
Australia’s regulators are largely left to their own devices, but now former corporate cop James Shipton is calling for a new watchdog.
Lendlease whistleblower Tony Watson needs a lawyer, after the courts knocked back his application for assistance, as he faces down with a high-powered opposition.
Australia’s smaller banks are confronting the triple threat of low mortgage margins, rising costs and the need to upgrade technology.
Australia’s superannuation savings, already hit by the Trump tariff regime, likely lost another 2pc thanks to the US ‘Liberation Day’ imposts, says Chant West.
Australia’s election campaign is short on substance, with Bank of Queensland boss Patrick Allaway warning both sides have failed to present a vision for lifting the country or solving its housing crisis.
Westpac has moved to shut down RAMS, with concerns its lending subsidiary wrote bad loans now seeing the banking major embroiled in regulatory probes.
The struggling spin machine says its communications business will fortify its balance sheet despite feeling a sharp financial sting last year.
The audit and consulting giant has spent billions on its artificial intelligence tools, with the firm aiming to boost productivity and slash burnout.
Original URL: https://www.theaustralian.com.au/author/david-ross