Barclays fined $A451 millionBY BEN COLLINS | THURSDAY, 28 JUN 2012 11:50AMUK bank Barclays will pay a record $A451 million in fines after it was found to have mislead authorities about the interest rate it was paying to borrow money from other banks. |
Editor's Choice
Apex Group head of super to depart
Apex Group managing director for superannuation will leave his post in September, joining its technology partner in a C-suite capacity.
Morningstar predicts platforms to pull Centuria Bass Credit Fund
Amid a ratings downgrade and possible governance issues concerning the Centuria Bass Credit Fund (CBCF), Morningstar predicts the property debt fund will be pulled from major investment platforms and unlikely receive new inflows.
ETF Shares cuts fees on US technology ETF
ETF Shares has reduced the management fee on its ETFS US Technology ETF (ASX:WWWW) positioning the fund as one of the lowest-cost options for Australian investors seeking exposure to leading US technology companies through the ASX.
AustralianSuper appoints co-heads of Australian equities
AustralianSuper has appointed Andrew Smith and Luke Smith as co-heads of Australian equities, effective immediately.
Further Reading
Products
Featured Profile

Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.






