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

Search Results

Showing 171 - 180 of 3875 results for "February"

Norges Bank commits over $2bn to energy transition fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
... Brookfield has established operational presence, NBIM said. The fund raised about $15.3 billion (US$10bn) at its close in February last year ; its predecessor Brookfield Global Transition Fund (BGTF I) closed with $15 billion in June 2022. Commenting ...

ASIC permanently bans jailed adviser

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
... Partners from 12 December 2018 to 13 November 2020, and Wealth Trail from 13 November 2020 to 18 October 2023. Between February 2020 and December 2023, Del Vecchio misappropriated a total of $4.48 million from clients, family, and friends, under the ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... Macquarie oversaw about $321 million of the super savings invested into Shield. This amount has been locked up since February 2024. "Macquarie's decision to devote resources to achieve this outcome recognises Shield's unique circumstances, notably ...

GIM director slapped with travel restraints

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
... responsible entity Cache Group shows that it became aware of "potential financial irregularities" in the portfolio in February. The National Anti-Scam Centre estimates that more than 108,000 scams have led to $174 million in financial losses. Some $73.3 ...

ASIC takes aim at super, private markets

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... equal now to the market capitalisation of the ASX itself." Constant referred to the discussion paper ASIC released in February, saying the regulator had received around 100 submissions. "A key message we heard is that public and private markets should ...

Cbus welcomes new head of risk transformation

ELIZA BAVIN  |  TUESDAY, 9 SEP 2025
... chief member officer Marianne Walker also stepped down from the super fund. Additionally, APRA set its sights on Cbus in February this year for possible breaches of superannuation legislation, with the regulator announcing the probe alongside a court-enforceable ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... trial on 43 counts. Following ASIC's continued investigation into Marco's business, it was further alleged that between February 2014 and October 2018, Marissen enabled or aided Chris Marco to defraud more than $29.5 million from six investors. The criminal ...

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... AlphaThorn's managed discretionary account investments to wholesale investors through the AlphaThorn Secured Service from February 2019 and through the AlphaThorn Enhanced Service from September 2019. Former AlphaThorn director Gabriel Jakob was ...

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
... SocGen breached market integrity rules by allowing two of its clients to place 33 suspicious orders from May 2023 to February 2024. This marks ASIC's fifth enforcement action in 15 months relating to alleged manipulation in electricity and wheat ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... push potential clients to his financial advice businesses, Venture Egg and Financial Services Group Australia (FSGA). In February, the Federal Court froze the assets of Merhi. He is the principal and financial adviser of Venture Egg, an authorised representative ...