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Showing 91 - 100 of 254 results for "Bankrupt"

Glass-Steagall Act reintroduced to US Senate

ALEX DUNNIN  |  THURSDAY, 9 JUL 2015
The Glass-Steagall Act that used to require US banking groups to separate their traditional activities from their investment management activities has been re-introduced into the US Senate. The legislation has been sponsored by GOP, Democrat and Independent ...

Greece in crisis (again)

BENJAMIN ONG  |  TUESDAY, 16 JUN 2015
... markets. "Stock markets around the world fell on Monday, pressured by the collapse of 11th-hour talks between the near-bankrupt Greece and its creditors, with investors worried about the possibility the country could default." The sky is falling... again... ...

Mocking Maastricht

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2015
... would be bliss" for Greece and more recently, the Greek themselves have been running around Athens carrying the slogan, "Bankrupt but Free", I'm beginning to get a sense that it's now 'the institutions' themselves that don't want this to happen. For ...

ASIC bans Charterhill director from financial services

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
... ASIC from practicing financial services until 3 July 2017. The grounds for the ban are that Nowak is an undischarged bankrupt, having applied for personal bankruptcy in July 2014. As a result of this ban, Nowak can no longer act as company director. ...

Grexit not Greek to Brits

BENJAMIN ONG  |  TUESDAY, 17 FEB 2015
... of contagion, Greece is a non-matter - it makes up around an itsy-bitsy-teenie-weenie 0.3% of global GDP. That, or go bankrupt. But never mind, it's what his people want anyway gauging from the "Bankrupt but Free" slogans doing the rounds of Athens these ...

Tsipras has a dream

BENJAMIN ONG  |  TUESDAY, 10 FEB 2015
"Greece has now become like herpes to the Eurozone, once you catch it you can't get rid of it." This is what I typed on this space way back in June 2011 when the Europeans were in the midst of a sovereign debt crisis with Greece at the epicentre of ...

Market Wrap AM

AAP  |  MONDAY, 19 JAN 2015
The Australian market looks set to open higher following gains in oil prices and US and European sharemarkets. The March share price index futures contract was up 76 points at 5,307. On Friday, Wall Street stocks gained one per cent as oil prices rebounded ...

UBS adviser banned from financial services industry

STAFF WRITER  |  WEDNESDAY, 11 JUN 2014
... Kelvin William Roy Fair from providing financial services for six months, until November 2014. Fair is an undischarged bankrupt and was an authorised representative of Ballast Financial Management and an employee and sole shareholder of Australian Global ...

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
... car insurance. You say, 'That's weird. People are driving, what if there's an accident?' 'Oh, it's horrible, they go bankrupt.' And you say, 'Why don't you have car insurance?' 'Oh, we never thought of it.'" However, Milevsky's model is based on a free ...

ASIC bans former authorised representative

LAURA MILLAN  |  WEDNESDAY, 26 MAR 2014
Former director and officer of CS Heritage Securities has been permanently banned from providing financial services by the Australian Securities and Investment Commission (ASIC). The regulator found that Phillip Gregory Spark had engaged in misleading ...