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Showing 1091 - 1100 of 6513 results for "News"

ANZ remediation costs break $1 billion

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
... dedicated team of more than 500 specialists working hard to get any money owed back to customers as quickly as possible." The news comes after NAB announced a further $1 billion in customer compensation at the start of this month as the big banks continue ...

Envestnet founder tragically killed

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
... Yodlee being a member of FinTech Australia. Envestnet said in a statement: "It is with immeasurable sadness that we share the news that Jud Bergman, our chairman and chief executive officer, passed away as the result of a terrible car accident. "As Envestnet's ...

Corporate, industry fund merge

JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
... transfer basis, with the industry fund adding close to $92 million in assets as a result, according to Equip. Confirming the news, Equip chief executive Scott Cameron told Financial Standard : "The transfer has gone very smoothly and we look forward ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
"Bad news is good news." That phrase, born of the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6% ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... Chinese yuan fell by 0.4% versus the US dollar and while the Shanghai composite index inched up by 0.1% (it closed before the news), China shares traded on the US exchanges dropped. According to the Financial Times : "E-commerce giant Alibaba's shares ...

Rainmaker Group expands into ESG media, acquires The Sustainability Report

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2019
Financial services information publishing company Rainmaker Group, publisher of Financial Standard, announced the acquisition of sustainable investment specialist publications The Sustainability Report and Audacious Investing. Following the purchase ...

Insider trading rife among company directors: ANU

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
... Australian Security Exchange is "rife". The research examined trades made by company directors after positive and negative news announcements from 2005 to 2015, finding trading was contrary to the sentiment of the news. Study lead Dean Katselas said ...

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... confirmed back in June this year that it was considering the sale after offloading Count Financial for $2.5 million. The news comes as many of the big banks reconsider their advisory businesses following revelations from the Royal Commission. Westpac ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... hesitant to increase investment in building and structures and equipment and staff - least of all raise pay packets. Recent news headlines picture Australian Treasurer Frydenberg and Finance Minister Cormann with big smiles on their faces as they announced ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
It's not me, it's you! Yes Virginia, you, I and Irene are very well aware of US president Donald J. Trump's Twitter attacks on the Fed. The last, most significant one was right after US Federal chair Jerome Powell's speech at Jackson ...