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

Search Results

Showing 1951 - 1960 of 6939 results for "% December"

Ord Minnett chief resigns

ALLY SELBY  |  MONDAY, 16 DEC 2019
Ord Minnett has confirmed its chief executive has resigned from his role at the helm of the wealth management giant, after leading the firm for 10 years. Tim Gunning joined Ord Minnett in 2009 as chief executive and managing director and was responsible ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... uncertain that it would come to pass this time. Final stop, the US-China trade truce. It came upon a midnight clear, well, December 13, and perhaps the greatest gift of all in time for Christmas 2019. The US and China shook hands on their widely-watched ...

Pendal family office lead moves to boutique

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
Pendal's head of family offices has moved to Phil King's alternatives house Regal Funds Management as the latter restructures its distribution team. Rob Saunders has taken on the role of Regal's head of wholesale and family office, including ...

ASIC winds up alleged unregistered scheme

ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
ASIC has taken steps to wind up an unregistered managed investment scheme. The regulator said it has filed an application seeking leave to apply for further orders in the Federal Court in Western Australia to wind up the alleged unregistered managed ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
As expected, the European Central Bank (ECB) kept monetary policy settings unchanged at its 12 December Governing Council meeting. "...the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
Mission accomplished! This appears to be the Fed's latest missive at the conclusion of its 10-11 December FOMC meeting - after three 25 bps cuts - in July, September and October - that took the fed funds rate from 2.5% to 1.75%. Fed chair Jerome ...

Pershing Securities breaches client money obligations

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
Pershing Securities Australia has been charged after breaching client money obligations. The clearing and settlement solutions provider was charged with two counts of failing to pay client money into an account and one count of failing to comply with ...

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
The prudential regulator has hit Colonial First State's Avanteos Investments with additional licence conditions for charging fees to thousands of dead superannuation members. The firm, which holds a Registrable Superannuation Entity license, charged ...

Thousands exit Westpac raise

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... on the volume weighted average price of shares traded on the ASX during the five days leading up to - and including - December 2. According to Westpac, around 40,900 of the 618,300 eligible shareholders offered to participate in the share placement plan ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
APRA has approved IOOF's application to purchase ANZ's superannuation business. The decision to allow the purchase of OnePath Custodians and Oasis Funds Management comes from APRA after it was granted the legislative power to approve or refuse an application ...