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Showing 51 - 60 of 1887 results for margin

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
The Bank of England's (BoE) Monetary Policy Committee has voted five to four to hold the policy rate steady at 5.25%, while unanimously agreeing to reduce the stock of UK government bond purchases by £100 billion over the next year. In halting a run ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... Trade, provider of crypto exchange Kraken, following alleged failures to adhere to design and distribution obligations for margin products offered to Australian customers. Since the introduction of the design and distribution obligations (DDO) in October ...

Priority Advisory Group, Wise Planners merge

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
Two financial advice firms both backed by AZ NGA will merge to provide holistic as well as workplace financial advice. Priority Advisory Group and Wise Planners (which also operates under Lifestyle Financial Services), will operate under Priority's ...

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
New data suggests that 38% of financial advisers are reporting higher practice profitability. According to Investment Trends' 2023 Adviser Business Model Report, the number of advisers has decreased, but on average those who are left, are servicing ...

Global dividends at all-time highs: Janus Henderson

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
The global dividend landscape experienced a striking uptick in the second quarter of the year with a record-breaking total of $844.7 billion, showcasing an impressive 4.9% growth. Janus Henderson's Global Dividend Index report, a long-term study into ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... with increased profitability and enhanced shareholder returns. "This result, derived from continued strong net funds flow, margin expansion and discipline on directly controlled costs, has improved operating levels," Wamsteker said. He added that July ...

Global X launches US tech ETF

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
... Australian investors with quality value products at cost-efficient rates, allowing investors greater returns by reducing margin intake. "By drawing on resources and synergies across the wider Mirae Asset Financial Group (Mirae), we have been able to ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
Westpac has posted a net profit of $1.8 billion for 3Q23, driven by steady operating revenue and disciplined margin management. Despite inflationary headwinds which led to a rise in expenses by approximately 5% for the second half of 2023 compared to ...

DB Results launches policy admin system

CHLOE WALKER  |  MONDAY, 21 AUG 2023
The tech company has developed the first cloud-native, low-code policy administration system (PAS) for the life insurance sector. The regulator-approved solution aims to meet the exacting needs of the insurance sector and can be custom-designed for ...

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... itself to cohorts in the high-net-worth space. "We expect with the delivery of international equities, foreign exchange, margin lending and unique wholesale options, Edge will be able to tap into other parts of the market," Quirk said. Another key aspect ...