Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1411 - 1420 of 5162 results for "rest"

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
J.P. Morgan will be forced to cough up more than $1.3 billion (US$920 million) after entering into an agreement with the US Department of Justice, the US Commodity Futures Trading Commission and the US Securities and Exchange Commission. The agreements ...

Australia world class in retirement wellbeing

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... an overall ranking and percentage score as an indicator of the attractiveness of a country's retirement environment. The rest of the top 10 for retirement security comprised, in order, Iceland, Switzerland, Norway, Ireland, Netherlands, New Zealand ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
Mayfair 101 founder James Mawhinney has accused ASIC of a witch hunt, saying a provisional liquidators' report proves M101 Nominees had no "smoking gun" - but the report actually refers to the company's business model as unsustainable. A provisional ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
"The summer has ended When it left, you left too..." -Leif Garrett, When I Think of You' Right in the middle of the Northern Hemisphere summer, the Euro Stoxx-50 index surged by 42.7% from the eight-year low it plumbed in the middle of March this ...

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
A Watermark-managed LIC is proposing to convert to an unlisted managed fund, as a group of investors seek to replace Geoff Wilson and John Abernethy on its board. The Australian Leaders Fund (ASX: ALF) will seek court and shareholder approval to convert ...

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
... cover they don't need or want). TAL was the only company that managed to record some growth during the year (25.7%), aided by Rest switching its insurance mandate from AIA to TAL. In comparison, AIA's inflows fell 47.4% during the year, while MetLife ...

Chief economist update: Rents under covid

BENJAMIN ONG  |  MONDAY, 28 SEP 2020
Australian landlords aren't all rejoicing. Yes Virginia, we're all aware this is happening in this land "girt by sea" under pandemic but the Reserve Bank of Australia (RBA) has actually put facts and figures behind this in its September 2020 ...

Chief economist update: UK's winter of discontent

BENJAMIN ONG  |  FRIDAY, 25 SEP 2020
"We had joy, we had fun We had seasons in the sun..." -Terry Jacks, 'Seasons in the Sun' The Brits certainly did. Just in time for summer, Prime Minister Boris Johnson declared on 30 April that the UK is "past its peak" of infections, published ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
Will they? Won't they? According to Bill, the RBA will. That's Westpac chief economist Bill Evans for you. Bill released a note a day after RBA deputy governor Guy Debelle addressed the Australian Industry Group's (AiG) September 22 virtual ...

MLC Life restructures, appoints lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 SEP 2020
MLC Life Insurance is combining its group and retail life insurance divisions to better meet client needs, saying the current level of service is not acceptable. The group has also appointed a new executive team to lead the initiative. The life insurer ...