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Australian Exchange

Australian Securities Exchange news today and company announcements  regarding mergers, acquisitions, appointments, expansion and technology of companies listed on Australian Securities Exchange (ASX).

Posted inAustralian Exchange

Daiwa Securities and Global X to establish a JV to expand domestic ETF business

TOKYO, JAPAN: Daiwa Securities Group Inc., Daiwa Asset Management Co. Ltd. and Global X Management Company Inc. will collaborate in the asset management business, and establish a joint venture (JV),…
Posted by NNR September 9, 2019
Posted inAustralian Exchange

SHUAA Capital exiting non-core businesses

DUBAI, UAE: SHUAA Capital, the UAE-based financial services group which recently completed a transformational merger with Abu Dhabi Financial Group L.L.C. announced that it has agreed to sell its SHUAA…
Posted by NNR September 8, 2019
Posted inAustralian Exchange

HKEX signs MOU with Ping An Insurance Group

HONG KONG: Hong Kong Exchanges and Clearing Limited (HKEX) has entered into a memorandum of understanding (MOU) with Ping An Insurance Company of China Limited to explore possible areas of…
Posted by NNR September 7, 2019
Posted inAustralian Exchange Singapore Exchange

Ratings of insurance companies under review in aftermath of Hurricane Dorian

LONDON: Rating agencies have placed the credit ratings under review with developing implications for the major property, casualty and life/health insurance companies operating in the Bahamas. These rating actions are…
Posted by NNR September 7, 2019
Posted inAustralian Exchange

AM Best revises outlooks to positive for Heartland Fidelity Insurance

OLDWICK: AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Heartland…
Posted by NNR September 7, 2019
Posted inAustralian Exchange

AM Best affirms credit ratings of ERGO Insurance

SINGAPORE: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” of ERGO Insurance Pte. Ltd., Singapore. The Credit…
Posted by NNR September 7, 2019
Posted inAustralian Exchange

AM Best maintains credit ratings of Prudential Financial following announced acquisition

OLDWICK: AM Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” of the domestic life/health insurance subsidiaries of Prudential Financial,…
Posted by NNR September 6, 2019
Posted inAustralian Exchange Singapore Exchange

Frank Vang-Jensen appointed President and CEO of Nordea Bank

STOCKHOLM: The Board of Directors of Nordea Bank Abp has appointed Frank Vang-Jensen as new President and Group CEO as of September 05, 2019. Frank Vang-Jensen is currently Head of…
Posted by NNR September 5, 2019
Posted inAustralian Exchange

Majority of U.S. insurers’ bank loan holdings of low credit quality

OLDWICK: Of the $40.6 billion in bank loans owned by the U.S. life/annuity, approximately three-quarters are rated below investment grade, according to a new AM Best report. The Best’s Special Report,…
Posted by NNR September 4, 2019
Posted inAustralian Exchange

Kingswood acquires WFI Financial for £14 million

LONDON: Kingswood Holdings Limited, the integrated wealth management group, has announced the acquisition of the business and assets of WFI Financial, a significant independent regional financial planning business based in…
Posted by NNR September 4, 2019
Posted inAustralian Exchange Ratings

CDL and DBS Bank set benchmark on innovation-focused financing

SINGAPORE: City Developments Limited (CDL) has secured a S$250 million SDG Innovation Loan, in the form of a three-year revolving credit facility provided by DBS Bank Ltd. (DBS). This is…
Posted by NNR September 4, 2019
Posted inAustralian Exchange

Pakistan to replace national payment gateway with state-of-the-art Automated Transfer System

KARACHI: Government of Pakistan has planned to upgrade and replace the existing central bank operated national payment gateway and payment system i.e. Real Time Gross Settlement System (RTGS) with a…
Posted by NNR August 29, 2019

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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