Paulina Duran

Paulina Duran is a Sydney-based journalist at The Australian covering financial services, with 15 years of experience as a corporate finance, debt and banking specialist. She was previously a senior financial correspondent at Reuters, and has also worked as a reporter at Bloomberg and the Australian Financial Review.

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Green EnergyCompanies

UniSuper puts $620m into Macquarie fund

Macquarie has sold six renewable energy companies into a new open-ended fund to be backed by UniSuper and other pension funds.

BankingCompanies

BRISBANE, AUSTRALIA - NewsWire Photos DECEMBER 6, 2022: Bank of Queensland AGM of executive chairman Patrick AllawayPicture: NCA NewsWire / John Gass

BOQ mulling ‘strategic’ options as profits slide

Bank of Queensland has flagged ‘bold’ initiatives under consideration to improve shareholder returns, as interim cash profit and dividends decline.

BusinessRenewable energy & economy

Blackstone Group Chief Executive Stephen Schwarzman has bemoaned the disappointing performance of the firm’s stock since its initial public offering a decade ago. The private-equity firm is now targeting retail investors. PHOTO: MARK LENNIHAN/ASSOCIATED PRESS

AI data centre frenzy risks power blackouts

Private equity giant Blackstone is pouring billions into data centres fuelling the AI boom, but Steve Schwarzman warns of potential power shortages.

BusinessBusiness

Christine Holgate, Team Global Express CEO , Source: Supplied / Sam Babus of SB Creatives Photography

Closer China ties are crucial: logistics chief

Iran’s attack on Israel will disrupt supply chains, logistics chief Christine Holgate said as she advocated stronger co-operation with China.

AGMFinancial Services

AMP dodges second strike with vow to rebuild trust

AMP’s outgoing chair Debra Hazelton says the wealth manager is focused on improving its performance.

BankingFinancial Services

SYDNEY, AUSTRALIA - NewsWire Photos APRIL 12, 2021.Generic imagery of HSBC Bank in Sydney. Picture: NCA NewsWire / Jeremy Piper

HSBC fined over loan and card data disclosures

HSBC Bank has been fined $33,000 by the ACCC for allegedly providing incomplete and inaccurate home loan and credit card data to users seeking to compare products.

Financial servicesFinancial Services

Dollar australian bank notes and coins for money concept, cash generic

Dixon claims to drain 80pc of compo fund

Australia’s $270m compensation scheme of last resort is poised to pay about 80 per cent of its initial funds to clients affected by the 2022 collapse of wealth management firm Dixon Advisory.

Private equityFinancial Services

Analyst pointing candlestick chart; investing compound interest generic

Hunt for cash puts pressure on for asset sales

The nation’s $100bn private equity industry is caught in a squeeze that could trigger a revival in asset sales as firms look to monetise their holdings.

BankingFinancial Services

BRISBANE, AUSTRALIA - NewsWire Photos DECEMBER 14, 2023: Westpac CEO Peter King speaks during the annual Westpac AGM in Brisbane. Picture: NCA NewsWire/Tertius Pickard

Westpac flags budget blowout for tech overhaul

Westpac boss Peter King admits possible cost overruns are on the table for the bank’s multibillion-dollar tech overhaul, saying it could take more than the four years budgeted.

BankingFinancial Services

Westpac confident of tech revamp by end of 2027

Westpac’s multi-billion dollar technology restructure is ‘very doable’ by the end of 2027 and its completion is not contingent on the current management team, CIO Scott Collary says.

Original URL: https://www.theaustralian.com.au/author/paulina-duran/page/2