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

Search Results

Showing 1501 - 1510 of 5002 results for "CAM"

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
Deutsche Bank's chief executive said he will put his money where his mouth is, committing to invest his own salary in a bid to turn the institution around. Speaking to analysts and shareholders yesterday, Deutsche chief Christian Sewing said: "No-one ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
Legislation that prevents trustees from providing opt-out insurance to new members under 25 and low balance account holders was reintroduced in Parliament overnight. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, which was ...

BlackRock cuts fees on Aussie shares ETF

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
BlackRock has slashed the fees on its S&P/ASX 200 exchange-traded fund following a pricing review, as competition heats up in the sector. The iShares Core S&P/ASX 200 ETF, which trades on the exchange with ticker IOZ, pushed down the fees to 0.09% p.a. ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
State Street has paid more than $125 million to settle charges for adding undisclosed markups on expenses related to the custody of client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
I have a confession to make, I was a closet "no RBA rate cut in July" speculator, going against the 'Big Four' banks and financial market expectations that it would... cut interest rates by another 25 bps at its July 2019 board meeting. So soon ...

Modern slavery rife across sectors: Fund manager

KARREN VERGARA  |  MONDAY, 1 JUL 2019
Modern-day slavery remains widespread across many sectors, while some public companies have yet to map out their supply chains where the practise is deeply embedded, according to a fund manager. Ausbil head of ESG research Mans Carlsson-Sweeny said ...

Group insured, advised clients better off

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
A joint-project on life insurance claims and disputes has revealed group insured and advised clients are better off when it comes to life policies. Just the second publication to use the full data set from ASIC and APRA's initiative since its launch ...

OpenMarkets launches trading platform

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
OpenMarkets Australia has launched a new trading platform targeting 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 ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
"Don't stop me now, I'm having such a good time I'm having a ball Don't stop me now..." - Queen Despite the ongoing uncertainty over the slowdown in global economic activity, the lingering trade war and now, geopolitical concerns (prompted ...

Two LICs set to merge

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
Two Australian equities listed investment companies are set to merge to create a $137.2 million entity. Clime Capital (CAM) has made an offer to acquire CBG Capital (CBC) under an off-market takeover bid. CBG has consequently advised its shareholders ...