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Showing 1131 - 1140 of 6536 results for "Exchange"

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities and Exchange Commission brought charges against the institution for routinely overbilling clients between 1998 and 2015. The overcharges ...

Investec scores ADI licence

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... light from APRA to provide banking services in Australia from July 1. Investec Bank plc, which is owned by London Stock Exchange-listed Investec plc, is now operating as a foreign ADI. BNP Paribas, Societe Generale, UBS AG, Credit Suisse AG and Royal ...

VanEck changes tack on ETF

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
Australia's only exchange-traded fund to track S&P/ASX 200 companies which pay 100% franked dividends has changed its strategy. The VanEck Vectors S&P/ASX Franked Dividend ETF (ASX: FDIV) tracked an index that VanEck developed with S&P Dow Jones ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... better path. The decision earlier this month will assist here. It will support the economy through its effect on the exchange rate, lowering the cost of finance and boosting disposable incomes. In turn, this will support employment growth and inflation ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... import prices nearly halved to 3.6% in the year to the March quarter from 7.1% in the December 2018 quarter. The NZ$/US$ exchange rate has now rebounded by 2.8% to US$0.6681 (back to pre-May 2019 rate cut levels) after it dropped to a seven-month low ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
... index has since recovered 6.4% of its losses resulting from optimism over the Trump-Xi meeting at the G20. The Yuan/US exchange rate displays the same history - it has strengthened versus the US dollar amid positive expectations over US-China trade talks. ...

OpenMarkets launches trading platform

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... self-directed investors and financial advisers. OpenMarkets Equix allows investors to trade ASX-listed equities, warrants and exchange-traded products including ETFs. Equix will also allow clients to analyse portfolio performance, access charts and market ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... consecutive month," CBA states. "On the prices front, input cost inflation rose to a seven-month high boosted by the exchange rate and higher prices of fuel and staff and output cost inflation advanced modestly. Finally, sentiment improved to its highest ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... uncertainties have put additional downward pressure on UK forward interest rates and led to a decline in the sterling exchange rate." Not only this, the statement says: "Looking through recent volatility, underlying growth in the United Kingdom appears ...

Fee discounts harder for active ETFs

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
... offer with unlisted trusts. Active ETFs account for just $3 billion of Australia's total $47 billion invested through exchange-traded products. They have grown steadily with many new managers tossing their hats in the ring and 24 products on offer at ...