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Showing 10691 - 10700 of 10710 results for "May 2012"

ASIC releases results of accounting surveillance

The Australian Securities and Investments Commission (ASIC) has released the second stage results of its accounting surveillance project that begun in July 2002. The project reviewed the audited full-year financial reports of more than 1000 listed companies ...

Citibank agrees to improve advertising disclosures: ASIC

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking from Citibank in relation to allegations that the bank had conducted misleading advertising for its premium deposit account. The premium deposit account ...

APRA replaces Strategic Capital trustee as $11 million disappears

The Australian Prudential and Regulation Authority (APRA) has replaced Strategic Capital Superannuation Services as the trustee for the Strategic Capital Superannuation Fund with Deloitte Management in an acting role after an investigation revealed ...

InvestorWeb secures 58.2% of Sanford as National offloads

InvestorWeb Limited (IWL) has secured a 58.2 per cent controlling interest in Sanford following a flood of acceptances on Friday, including from National Australia Bank (NAB), for its scrip or cash offer. In an announcement to the market after the close ...

Reserve Bank keeps interest rates on hold

The Reserve Bank of Australia (RBA) today decided to leave interest rates unchanged at 4.75 per cent, in line with expectations. Data released yesterday by the Australian Bureau of Statisitics showing a slowdown in the housing construction market and ...

ASIC permanently bans Victorian financial adviser

The Australian Securities and Investments Commission (ASIC) announced today that it had accepted an enforceable undertaking from Robert Street, a financial adviser from Victoria, that he be permanently excluded from the financial services industry. ...

Lazard gets 'Strong' Australian Equities rating from Assirt

Lazard Asset Management's Australian equities management has been rated 'Strong' by Assirt, winning praise for its recent performance and adding that it was well placed to cope with a market swing away from its favoured 'value' style of investing. "Lazard ...

World airline industry faces worst crisis ever

The world airline industry is facing its worst crisis ever and according to the International Air Transport Association (IATA), the war in Iraq may cause some carriers to fold their operations. Andrew Drysdale, head of IATA's Asia Pacific division ...

ASIC takes action against Rural and General Insurance

The Australian Securities and Investments Commission (ASIC) has obtained orders in the Federal Court in Sydney requiring Rural and General Insurance Broking Pty Limited (Rural and General) to remove material from its website pending further orders. ...

Morning market wrap: War takes centre stage

The war is taking centre stage as stock markets in the US and Europe lost ground in trading. The US market lost much of what it had gained in the previous two weeks, which had recorded dramatic gains. The New York stock market is at a break even point ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Christian Mueller-Glissmann

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When geopolitics becomes a portfolio risk

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Tania Milnes

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Blake Briggs

CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL

Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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