JP Morgan subsidiaries fined $230m by regulatorBY JAMIE WILLIAMSON | FRIDAY, 1 NOV 2024 12:46PMThe fine relates to several failures by J.P. Morgan Securities and J.P. Morgan Investment Management, including recommending more expensive mutual funds when almost identical ETFs were available much cheaper. Related News |
Editor's Choice
Three universities ditch financial planning courses
|Three major universities have pulled the plug on their financial planning courses due to the lack of student interest in a major blow for the profession as it struggles to attract new entrants.
TCorp buys Euroclear stake from LSEG
|TCorp is now a minority owner of financial markets infrastructure company Euroclear.
Crypto operator to fork out millions after court ruling
|Bit Trade, the operator of the Kraken Exchange in Australia, has been slapped with an $8 million fine for "unlawfully issuing a credit facility to more than 1100 customers."
Anne Fuchs takes on new role at ART
The high-profile financial services expert faces new challenges at the nation's second-largest super fund.
Products
Featured Profile
Kellie Wood
HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.