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Showing 1781 - 1790 of 1828 results for "DAM"

QBE expects Hurricane Charley claims within allowance

AAP  |  MONDAY, 16 AUG 2004
QBE Insurance Group said today it expects its net claims from Hurricane Charley in the US to be well within the substantial allowance for large losses and catastrophies in its insurance liabilities held at 30 June. The death toll for the worst hurricane ...

HSBC head of equities calls stumps

In a sudden departure, HSBC Asset Management said its head of Australian equities, Robert Hook, will leave the company at the end of the month, prompting fund ratings company ASSIRT Research to put HSBC's Australian share funds on hold and sharply criticise ...

Embezzlement more common but scams hurt most; report

Embezzlement accounts for almost half the incidence where retail investors have been defrauded by their financial advisers while unauthorised trading contributes one third of incidence, according to a new report conducted by Tepana Associates. In a ...

Risk management climbs up corporate agenda: survey

AAP  |  WEDNESDAY, 4 AUG 2004
Risk management has climbed up the corporate agenda but financial institutions are still not focusing on the big picture of this issue, according to a new global survey. The PricewaterhouseCoopers survey, written in conjunction with the Economist Intelligence ...

HBOS CEO damps hopes of UK bid for Abbey

AAP  |  THURSDAY, 29 JUL 2004
HBOS chief executive James Crosby dampened hopes of a UK bid for Abbey National on Wednesday as he forecast strong HBOS performance in 2004 and 2005 after a rise in first-half profits. Crosby said a bid for Abbey by HBOS or a UK rival was unlikely after ...

ATO moves in on DIY funds

The Australian Tax Office this week released a paper titled "DIY Super: It's your money&but not yet," as part of an increased effort to crack down on Australians using DIY super funds to evade tax. "In 2004-2005 we are increasing our audit activity ...

Investors win damages case for bad advice

AAP  |  WEDNESDAY, 30 JUN 2004
A group of investors has won a damages action in a Victorian court against a financial advisory service, claiming losses of up to $30 million in investment schemes. In a judgment handed down yesterday in the Victorian Supreme Court, Justice Phillip ...

Focus to shift from compliance to clients: Rainmaker Marketing Symposium

After focusing on consolidation and compliance in recent years, the financial services industry should begin to focus on building trust and solid client relationships, delegates at the tenth annual Rainmaker Marketing Symposium held last week, were ...

Biota to sue GlaxoSmithKline over Relenza flu drug

AAP  |  WEDNESDAY, 5 MAY 2004
Biotech Biota Holdings is suing global pharmaceutical giant GlaxoSmithKline, alleging that GSK failed to support and promote Biota's flu drug, Relenza. Biota said it had issued a writ in the Victorian Supreme Court. Biota, which licensed Relenza to ...

Santos looks to new projects to rebound from Moomba disruption

AAP  |  THURSDAY, 29 APR 2004
Major oil and gas producer Santos is confident of recovering from a dismal quarter of production, with investment decisions due soon on three development projects worth $600 million to shore up its future. In its first quarterly production report since ...