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Showing 1901 - 1910 of 7027 results for "Corporate"

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... hallelujah! For there'll be more money, money, money rolling in. On June 15, the Fed announced the Secondary Market Corporate Credit Facility (SMCCF) - buying corporate bonds (up to US$250 billion) from eligible issuers. In addition, Bloomberg reports ...

ASIC cracks down on investment manager

ALLY SELBY  |  MONDAY, 15 JUN 2020
... Australian arm of a global investment management company has agreed to additional conditions imposed on its AFSL by the corporate watchdog. It comes after Societe Generale Securities Australia (SGSA) was criminally charged with breaching client money ...

Centuria launches takeover bid

ALLY SELBY  |  MONDAY, 15 JUN 2020
... Augusta board and management team took decisive action to minimize the impact of COVID-19 by significantly reducing corporate debt and releasing surplus cash to aid growth in the core business," McBain said. "Accordingly, its NZ platform is now well ...

FPA accuses ASIC of price gouging

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
The Financial Planning Association of Australia has hit back at the corporate regulator accusing it of price gouging after increasing the industry funding levy for financial advisers by 38%. The FPA has urged the corporate regulator to reconsider the ...

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... January 2018. The SEC alleges Canadian citizens Nelson Gomes and Michael Luckhoo-Bouche, as well as others, enabled corporate controllers to conceal their identities while dumping their company's stock into the market for unsuspecting investors to purchase. ...

Mirova chief labels ethical investing pledges hollow

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The chief executive of Mirova has refused to sign a pledge from global investors calling on nation leaders to invest sustainably in the recovery from the COVID-19 pandemic, saying they are hollow words. Over 100 global investors signed a letter through ...

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... other agencies. ASIC also wanted to avoid any situation where an agency that can intercept information had evidence or corporate offences but could not share that evidence with ASIC. The new powers were again recommended during the Royal Commission. ...

Report reveals superficiality of ESG pledges

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... resolutions on climate change despite signing up to the Investor Group on Climate Change. The Australian Centre for Corporate Responsibility (ACCR) found that eight members of the Investor Group on Climate Change supported less than 50% of climate related ...

BlackRock drops fees on bond ETFs

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... The iShares Yield Plus ETF (IYLD) tracks a customised Bloomberg index that measures the performance of the Australian corporate bond market after excluding issuance from the big four banks. IYLD is targeting 0.75% to 1% yield margin over the RBA cash ...

WAM responds to Keybridge claims

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... would respond to the allegations in due course, however it noted that it had longstanding concerns about the conduct and corporate governance of Keybridge directors. It also noted that it was concerned about the use of Keybridge Capital funds on the ...