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Showing 1571 - 1580 of 2385 results for "Citi"

UK launches bank probe amid Libor scandal

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
British Prime Minister David Cameron has announced a full parliamentary inquiry into the British banking sector in the wake of a rate fixing scandal that has already claimed the scalp of Barclays chairman Marcus Agius. A bipartisan committee will hear ...

Market Wrap

AAP  |  THURSDAY, 28 JUN 2012
The Australian market looks set to open higher following overnight gains on Wall Street. At 0830 AEST on Monday, the September share price index futures contract was up 13 points at 4,014. No major economic news is expected on Monday. In equities news ...

Perpetual to slash 40% of workforce

BEN COLLINS  |  MONDAY, 25 JUN 2012
Fund manager Perpetual has forecast a full year profit slide and announced pay cuts for its board as it begins a major restructure that will see it shed 40% of its workforce. Perpetual chief executive Geoff Lloyd said that after an "honest look" at ...

ASIC winds up unregistered managed investment scheme

BEN COLLINS  |  FRIDAY, 15 JUN 2012
The Australian Securities & Investments Commission has obtained orders in the Supreme Court of New South Wales to wind up an unregistered managed investment scheme operated by Secured Bond Ltd. In proceedings on 28 May 2012, the Supreme Court also made ...

Trio: ASIC evidence insufficient to prosecute Flader

LINDA HAUSKEN  |  WEDNESDAY, 6 JUN 2012
ASIC revealed yesterday it has insufficient evidence to prove controller of the Trio Group, Jack Flader, has breached Australian Law. The Parliamentary Joint Committee on Corporations and Financial Services inquiry into the collapse of Trio Capital ...

CalPERS awards Citi $28bn in securities lending assets

RACHEL DAVIS  |  THURSDAY, 31 MAY 2012
... securities lending auction of US$43 billion in US equities for the California Public Employees' Retirement System has awarded Citi exclusive borrowing access to US$28 billion of the assets. The auction was conducted in the by eSecLending, a global securities ...

Not that rainy day feeling again

BENJAMIN ONG  |  THURSDAY, 31 MAY 2012
"Here comes that rainy day feeling again, and soon my tears will be falling like rain..." (The Fortunes) Looks like I have to prefix my surname with the letters W and R for while I correctly anticipated that heightened volatility in the financial markets ...

Bad news? What bad news?

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2012
Shiver me timbers! If you ever doubted that the markets see what they want to see and hear what they want to hear, the equity markets' performance over the past 24 hours will make a believer out of ya'll. Forget Europe, China's coming to the rescue. ...

Market Wrap

AAP  |  WEDNESDAY, 23 MAY 2012
The Australian market looks set to open lower following Dow Jones and Nasdaq falls overnight despite a positive lead from European bourses which rallied on the hope that EU leaders will firm up action on tackling the eurozone debt crisis. At 0800 AEST ...

Brogden calls for government agreement on FATCA

MELANIE TIMBRELL  |  TUESDAY, 15 MAY 2012
FSC chief John Brogden has called on the Gillard government to provide strong support for the wealth sector ahead of addressing an IRS hearing in Washington DC on the contentious FATCA regime. The Foreign Account Tax Compliance Act (FATCA) regime aims ...