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Showing 1781 - 1790 of 3078 results for "Corporation"

LM liquidators get boot over conflict of interest

JAMES FERNYHOUGH  |  MONDAY, 12 AUG 2013
The Queensland Supreme Court has appointed a new receiver to oversee the winding up of LM Investment Management Limited's (LM) failed First Mortgage Income Fund (FMIF) after it found that its current liquidators had a conflict of interest. The new receiver ...

Former Royal Bank of Canada employee jailed for insider trading

ALICE URIBE  |  FRIDAY, 9 AUG 2013

Fake press release activist faces 10 years in jail

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
An environmental activist who issued a fake ANZ Bank press release and caused a crash in Whitehaven Coal's share price faces 10 years in prison. On 7 January 2013, Jonathan Moylan sent out a false media release which said ANZ Bank had pulled its $1.2 ...

FPA outlines concerns on TASA submission to Treasury

LAURA MILLAN  |  MONDAY, 22 JUL 2013
More clarification over the definition of 'tax advice' and requirements for training is needed in the amendments to the Tax Agent Services Act (TASA) 2009 the Financial Planning Association (FPA ) said in a submission to Treasury. FPA argued that "there ...

UBS fined $30,000 for decimal point mistake

MARK SMITH  |  FRIDAY, 19 JUL 2013
UBS Securities Australia has paid a fine of $30,000 after a misplaced decimal point caused the price of a BetaShares ETF to fall by 99%. Markets Disciplinary Panel (MDP) issued an infringement notice for the breach of market integrity rules. On 16 December ...

Sovereign wealth funds climb to US$5.5tr

ALEX DUNNIN  |  WEDNESDAY, 17 JUL 2013
... Company with US$568 billion, Saudi Arabia's SAMA Foreign Holdings Fund with US$533 billion and China's Investment Corporation with US$482 billion. Asia accounted for 40% of SWF assets, the Middle East 35% and Europe 17%. Africa and the Americas accounted ...

Former Macquarie exec to head up EFIC

JAMES FERNYHOUGH  |  WEDNESDAY, 17 JUL 2013
The Export Finance and Insurance Corporation (EFIC), the Australian Government's export credit agency, has a new managing director and chief executive, Andrew Hunter. Until last year Hunter was co-head of Macquarie's Financial Institutions Group in ...

Former First State Super director joins ACCC

MARK SMITH  |  TUESDAY, 16 JUL 2013
... previously with First State Super for 13 years where she held a directorship. She was also a director with the Hunter Water Corporation. Prior to that, she has held a number of positions in both finance and utility regulation including at the Reserve ...

Coalition signals super policy changes

ALEX DUNNIN  |  FRIDAY, 12 JUL 2013
The coalition has signalled that if it wins the 2013 federal election it will institute major reforms regarding how super funds appoint trustees while expecting funds to speed up how they pass on scale fee benefits. Paul Fletcher the federal member ...

Market Wrap

AAP  |  THURSDAY, 27 JUN 2013
... chip stocks doing well are Telstra, which is up five cents, or 1.1 per cent, to $4.70 and the newly separated News Corporation's non-printing entertainment arm, soon to be called 21st Century Fox, which has shot up 76 cents, or 2.5 per cent, to $31.23. ...