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Showing 1851 - 1860 of 5510 results for "September 30"

HSBC cops historic fine for Lehman-linked failures

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2017
The Hong Kong branch of HSBC's private banking division was fined a record HK$400 million (AU$67 million) for material systemic failures in the lead up to the GFC. Hong Kong's Securities and Futures Appeals Tribunal upheld the Securities and Futures ...

C is the key

BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
It's 21 days before the US Federal Reserve proclaims to the world that the fed funds rate is 25 basis points higher to 1.5%. Gauging from the CME FedWatch Tool, this is 91.5% certain. I don't think anybody can quibble with this. But one striking point ...

Japan on reverse cycle?

BENJAMIN ONG  |  TUESDAY, 21 NOV 2017
... through the details of the National Accounts. Certainly, incomes are rising with cash earnings up by 1% in the year to September (up from 0.7% in the previous month) but it appears that the economy couldn't go beyond this first step in the virtuous cycle. ...

Advisers ambivalent on LIF deadline: Poll

KARREN VERGARA  |  MONDAY, 20 NOV 2017
With less than six weeks to go, financial advisers are still unclear about their obligations under the Life Insurance Framework reforms, Financial Standard's weekly spot poll shows. More than 40% of advisers who took part in the survey are unsure about ...

Netwealth lists on ASX

JAMIE WILLIAMSON, MICHELLE BALTAZAR  |  MONDAY, 20 NOV 2017
Netwealth was admitted to the ASX's official list following its successful initial public offering. Debuting on the ASX at midday, Netwealth's fully paid ordinary shares commenced trading on a conditional and deferred settlement basis with normal trading ...

ARCO Investment Management launches new strategy

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2017
ARCO Investment Management is responding to investor demand with a new, daily-priced absolute return offer. Building on the strong performance of its flagship absolute return strategy, ARCO has introduced the daily-priced ARCO Absolute Return Fund for ...

What price Brexit certainty?

BENJAMIN ONG  |  MONDAY, 20 NOV 2017
At least people of the world know what the Fed has in store for them come December - another 25 basis point increase in the fed funds rate come the 13th of the month. 'tis not the same for the UK where Brexit negotiations remain up in the air... and ...

Where in the cycle is Australia?

BENJAMIN ONG  |  FRIDAY, 17 NOV 2017
... Annual growth in total wages picked-up a mere 0.1% from the record low 1.9% over the past four quarters to 2% in the September - more or less just enough to offset the 1.8% increase in consumer prices over the same period. This also helps explain the ...

'tis the season to not be jolly

BENJAMIN ONG  |  THURSDAY, 16 NOV 2017
Thank goodness Australia doesn't celebrate Thanksgiving Day - there won't be anything to give thanks for when it comes around next week. While we're at it, Santa Claus may not be coming to town either. I'm not in a "Grinchy" mood today, it's just the ...

Former adviser cops 10-year imprisonment

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2017
The former principal of Sherwin Financial Planners was sentenced to 10 years imprisonment for fraud. Bradley Thomas Sherwin was found guilty of 25 charges following an ASIC investigation arising from of the collapse of his financial planning business ...