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Showing 191 - 200 of 1643 results for "Selling"

Another ban for Sirius Financial

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
... high-risk contracts-for-difference and margin foreign exchange contracts. It also found that Toyga engaged in pressure selling tactics and provided personal advice on behalf of Sirius Financial when it was unlicensed to do so. ASIC said that Bringans ...

Central banks to tighten on all sides: BlackRock

CHLOE WALKER  |  TUESDAY, 1 NOV 2022
... reductions, or quantitative tightening (QT). "Balance sheets have already started to dip this year, and central banks selling or ceasing to buy government bonds could increase the risk of financial dislocations from yield spikes sparking risk asset selloffs," ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... Large Banking Organisations, it was noted the Federal Deposit Insurance Corporation (FDIC) typically employs a strategy of selling failed insured depository institutions to another depository institution. "This has been the course of action which was ...

Cromwell sells stake in LDK

CHLOE WALKER  |  FRIDAY, 7 OCT 2022
... LDK, releases total capital of $168 million. Cromwell said the sale is consistent with its commitments to simplify by selling non-core assets and position the company as a capital-light global real estate fund manager. "Through the LDK joint venture ...

BGL automates crypto trading

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
... Simple Fund 360 and Simple Invest 360." Digital Surge, based in Brisbane, aims to provide an easy solution to buying and selling cryptocurrency in Australia. Its co-founder and chief executive Dan Rutter said the firm is pleased to join the BGL ecosystem. ...

Former fund manager, philanthropist Brian Sherman passes away

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... Lives of Brian, he recounted how he came to Australia with just $5000 and started the business at his kitchen table. After selling EquitiLink in 2000 to Aberdeen Asset Management (now abrdn) for $80 million, Sherman became a prominent philanthropist ...

Data demonstrates success of compulsory super: Report

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... in retirement. For both super and other savings or investments, one-third nominated drawing down capital or spending, selling the capital to generate income, while approximately one-fifth did not want to use their capital at all for income. Only 10% ...

Chant West launches platform rankings

CASSANDRA BALDINI  |  TUESDAY, 30 AUG 2022
... includes criteria such as the quality of the platform's adviser portal and other digital tools, the process for buying and selling assets, business level reporting and client reporting capabilities, as well as contact centre, technical and practice management ...

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... individual companies navigating short-term challenges. "From a macroeconomic perspective, this ability to buy when everyone is selling (countercyclical investment) stabilises the economy and provides much-needed capital to help businesses weather financial ...

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... for an apology, before issuing an apology weeks before fronting Commissioner Kenneth Hayne. Three months later it ceased selling life insurance and flagged the likelihood of a liquidity crisis before suspending trading in February 2019 before committing ...