Credit Suisse takes up $81bn loan to shore-up liquidity

banking/credit-suisse/investments/

| By Charbel Kadib |

The investment bank is "preemptively" strengthening its liquidity position in a bid to restore investor confidence.

AUTHOR

Charbel Kadib

Charbel is an experienced financial services journalist, previously serving as news editor of The Adviser and Mortgage Business. Prior to joining Money Management, he also covered defence and national security developments as news editor of Defence Connect, Cyber Security Connect, and Space Connect. Charbel graduated from the University of Notre Dame with a double major in politics and journalism.

View articles by Charbel

Charbel 's social profiles:

ASIC’s FAR review puts industry on the heat seat

ASIC/financial-advisers-register/licensees/Wealth-Data/

| By Rhea Nath |

Financial planning

With ASIC proactively reviewing its financial advisers register, further bans on individuals and rising conflicts of interest among small licensees could be likely, according to Wealth Data.

AUTHOR

Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

View articles by Rhea

Rhea 's social profiles:

E-mail Author

Adviser banned for falsifying exam results

ASIC/financial-advisers/

| By Jasmine Siljic |

Financial planning

ASIC has permanently banned a Sydney-based adviser for changing the result of his financial adviser exam and sending the altered certificate to his licensee.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

New practice profile: Emerging Wealth

new-practice-profile/financial-advice/young-clients/

| By Jasmine Siljic |

Financial planning

The desire to support under-50s with their wealth creation has led this adviser to open his own firm targeting that demographic.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Advisers expectant of risk suitability backlash

wealth-managers/financial-advisers/risk-management/compensation/

| By Laura Dew |

Financial planning

A survey of Australian wealth managers has revealed fears around clients making compensation claims after failing to understand their risk suitability, with firms expecting the regulator to toughen up.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Australian banks 'well positioned' to absorb global shocks: CFR

banks/Council-of-Financial-Regulators/treasury/APRA/RBA/

| By Charbel Kadib |

Funds management

The country's financial regulators have sought to temper fears of a crisis following the collapse of three US banks.

AUTHOR

Charbel Kadib

View articles by Charbel

Charbel 's social profiles:

Running and regulating

Outsider/APRA/

| By Outsider |

Outsider

When it comes to human interest stories, the Australian Prudential Regulation Authority is keen to let the organisations it regulates know its staff are more than just faceless automatons.

AUTHOR

The Outsider

Outsider is a financial services industry veteran who has been lurking within the Money Management office since the publication’s inception in 1987. Adhering to a strict diet of porterhouse steak and gossip washed down by cabernet shiraz, Outsider spends his quieter moments puffing on a Havana cigar and sipping a single malt scotch while tapping out columns on his battered Remington portable. He is an inveterate attender of industry functions and free lunches.

View articles by The

The 's social profiles:

E-mail Author

Commotion at the association

AFA/FPA/Outsider/

| By Outsider |

Outsider

When it comes to a business merger, achieving the voting approval can be just the first step.

AUTHOR

The Outsider

View articles by The

The 's social profiles:

E-mail Author

An extra 26 days for golf

Outsider/Invest-Blue/

| By Outsider |

Outsider

Outsider is hopeful of the news from advice firm Invest Blue that it is trialling a move to a nine-day fortnight for its staff.

AUTHOR

The Outsider

View articles by The

The 's social profiles:

E-mail Author

Advice firms keen to embrace technology

Adviser-Ratings/digital-advice/technology/XPLAN/

| By Laura Dew |

Financial planning

There is a “strong intent” by advice firms to increase their use of technology and integrate it into their business, according to Adviser Ratings.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura