Bendigo and Adelaide Bank has recorded a $97 million statutory loss following a previously flagged $540 million goodwill impairment. It pushed the bank into the red despite a $514.6 million cash profit.
HMC Capital managing director David Di Pilla has acquired an indirect interest of $5 million worth of HMC Capital stock following its full year result.
CSL’s $20 billion wipeout after a shock restructure announcement dragged the ASX lower, as investors punished the biotech with its steepest fall in six years.
In the first test of its platform, the FinClear-owned private company exchange is ready to finalise trades to the tune of “tens of millions” of dollars.
Metrics Credit Partners is planning a new wave of funds to expand its private credit offerings, even as regulatory scrutiny and risk concerns continue to grow.
Fashion brands, religious groups, pie shops, charities and RSL clubs are parking millions of dollars in private credit vehicles run by the market's biggest managers.