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Showing 1321 - 1330 of 2961 results for "August 2010"

International broker enters Aussie market

DARREN SNYDER  |  MONDAY, 15 JAN 2018
Japanese online broking platform Monex officially enters the Australian market today with intentions to target the self-managed superannuation fund and financial adviser markets. Monex flagged its intention to operate in Australia in August last year. ...

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
Shareholders in the class action against the Commonwealth Bank will receive funding from two IMF Bentham investment vehicles with aggregated capital of $150 million, moving a potentially record-breaking class action against the bank one step closer. ...

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
NAB refunded $1.7 million to home loan customers after it failed to properly set up mortgage offset accounts, according to ASIC. Customer complaints prompted NAB to conduct an internal review, which found the bank failed to link offset accounts to broker ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
The hits keep coming for CBA with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In amended statement of claim released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering ...

Australian hedge fund manager eyes bigger slice of NZ telco pie

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2017
An Australian hedge fund manager has received court approval to acquire more than 10% of New Zealand's largest telecommunications company. L1 Capital, in respect of certain funds, has been granted approved by the New Zealand Crown to acquire a relevant ...

Fixed income specialist wins mandate

KARREN VERGARA  |  THURSDAY, 7 DEC 2017
Alpha Fund Managers has awarded a mandate to a specialist equity and fixed income boutique investment manager. Premium China Funds Management's Premium Asia Income Fund was selected for its ability to manage emerging market debt sector exposure and ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
The Reserve Bank of Australia (RBA) didn't disappoint market expectations when it conducted its last board meeting for 2017. The Australian central bank kept the official cash rate where it had been since August 2016, at a record low 1.5%. The December ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
"You can't make people be confident, I certainly can't. I've allowed the horse to come to the water with cheap funding. I can't make it drink." This was then RBA governor Glenn Stevens' statement to the House of Representatives Standing Committee on ...

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
"The economy will continue growing at a robust pace. Business investment outside the housing and mining sectors will pick up, with exports boosted as new resource-sector capacity comes on stream. The strengthening labour market and household incomes ...

Aurora CFO terminated as $1m vanishes from listed trust

ALEX BURKE  |  MONDAY, 27 NOV 2017
Aurora Funds Management has terminated the employment of its chief financial officer after $1 million was withdrawn from the bank account of a listed Aurora vehicle over the weekend. Terminated chief financial officer Betty Poon's involvement in the ...