smartTrade increases presence in Australia, strengthens partnership with NAB LeapRate

September 24, 2019 BY Valentina Kirilova

smartTrade increases presence in Australia, strengthens partnership with NAB

National Australian Bank (NAB), Australia’s leading bank for businesses in the region, and multi-asset, end-to-end trading solutions company, smartTrade Technologies, have just announced that they have extended their ongoing relationship. NAB FX business is powered by LiquidityFX, smartTrade’s flexible end-to-end trading platform. LiquidityFX was selected in 2014 as a market connectivity solution for NAB, offering…

July 31, 2019 BY Valentina Kirilova

Clearstream completes Ausmaq Limited acquisition

Clearstream has today completed the acquisition of Ausmaq Limited from National Australia Bank (NAB). LeapRate reminds that the company reached an agreement with NAB to acquire its Sydney-based specialist managed funds services business Ausmaq Limited back in May this year. Clearstream's expansion to the Australian funds market and the future set-up of Ausmaq will be…

October 08, 2018 BY Valentina Kirilova

ASIC permanently bans another former NAB branch manager

An ongoing ASIC investigation has resulted in the permanent banning of former National Australia Bank (NAB) branch manager Mathew Alwan from engaging in credit activities and providing financial services. The ban is the result of an extensive ASIC investigation in respect of NAB employees in greater western Sydney who were accepting false documents in support…

December 21, 2016 BY Valentina Kirilova

Spot FX problems lead to sanctions on Australian banks NAB and CBA

ASIC has today accepted enforceable undertakings (EUs) from each of the National Australia Bank Limited (NAB) and the Commonwealth Bank of Australia (CBA) in relation to the banks’ wholesale spot foreign exchange (FX) businesses. As a result of ASIC’s investigation, ASIC is concerned that between 1 January 2008 and 30 June 2013, both banks failed…

December 19, 2016 BY Valentina Kirilova

ASIC banning of a former financial adviser with the National Australia Bank set aside on appeal

The Administrative Appeals tribunal (AAT) has set aside a decision by the Australian Securities and Investments Commission (ASIC) to ban Mr Gerard McCormack from providing any financial services. Mr McCormack, of South Melbourne, Victoria, a former financial adviser with the National Australia Bank (NAB) was banned from providing financial services for five years commencing on…

Tag: NAB