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Showing 1151 - 1160 of 6694 results for "Securities"

Citi to expand local securities team

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
Global financial services giant Citi Group is planning to boost the presence of its Sydney-based securities services team, as it onboards a suite of new custody clients. Citi is expecting to build out its Sydney footprint after it finalised a client ...

Westpac hit with another class action

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... brought by Johnson Winter & Slattery, has been filed on behalf of certain shareholders who acquired interest in Westpac securities or equity swap confirmations between 2013 and 2019. "The claim relates to market disclosure issues connected to Westpac's ...

National Stock Exchange names new chief executive

ALLY SELBY  |  THURSDAY, 12 MAR 2020
... enterprise (University of Melbourne), with a broad understanding of international regulatory regimes as they relate to securities, payments, anti-money laundering and identity," the National Stock Exchange of Australia said. "John has over 27 years' ...

Active managers: Opportunities abound

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
... equity and credit analysts around the globe highlighting emerging opportunities." Sharps said there are opportunities in securities that are starting to become disconnected from longer-term fundamentals. "You have research notes that are highlighting ...

Florida fraudster swindles investors out of $60 million

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... scammed at least 30 investors out of $60 million (US$39 million), and put the funds straight into his own pocket. The Securities and Exchange Commission has frozen assets and obtained other emergency relief against investment adviser Kinetic Investment ...

Sargon lender sends in voluntary administrators

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
... hasn't been set yet. McCabe has 20 years of experience and was the receiver for the $600 million debenture fund Banksia Securities and Gold Coast mortgage securities fund LM Investments. He has also worked in interim chief executive and chief financial ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... 122. The data also revealed the most complained about investment and advice products were derivatives, hedging and securities with 794 complaints. AFCA chief operating officer Justin Untersteiner said it is important to make the data available to the ...

Accountant convicted in fee no service scam

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... required professional standards." NewSat was a satellite communications provider that was listed on the Australian Securities Exchange until August 2015. NewSat's former chief was also sentenced by the County Court of Victoria for his role, pleading ...

Regulator clamps down on misleading ESG fund names

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The US Securities and Exchange Commission is calling for public comment on how funds are named, in an effort to restrict the use of potentially misleading fund names. ESG, responsible and ethical funds are under the spotlight as the SEC seeks to protect ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
The US Securities and Exchange Commission charged a prominent actor for failing to disclose payments he received for promoting an investment in a bitcoin offering. The SEC found Steven Seagal had not disclosed that he was promised $380,000 (US$250,000) ...