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Showing 2171 - 2180 of 6696 results for "Securities"

ASIC budget cuts revealed

MARK SMITH  |  TUESDAY, 12 MAY 2015
Government expenditure for the Australian Securities and Investments Commission (ASIC) is expected to fall by $18 million over the next three to four years, according to projections revealed in the budget. Expenditure is projected to be $350 million ...

Goldman ordered to pay $100m to NAB

STAFF WRITER  |  TUESDAY, 12 MAY 2015
... around US$20 million in interest, to National Australia Bank for breaking rules related to the sale of mortgage-linked securities before the financial crisis. The US Financial Industry Regulatory Authority (FINRA) said the claim arose out of a deal which ...

Argo lodges infrastructure LIC prospectus

ALEX BURKE  |  TUESDAY, 12 MAY 2015
... with ASIC. As reported in Financial Standard in April, AGLI will invest in a diversified global listed infrastructure securities and infrastructure fixed-income securities portfolio. It will be actively managed by Cohen & Steers, and will focus on infrastructure ...

SEC and FINRA issue robo warning

ALEX DUNNIN  |  TUESDAY, 12 MAY 2015
The US Securities and Exchanges Commission (SEC) has issued a warning to investors regarding what it calls 'automated investment tools,' a group of web-based tools that include robo-advisers. The warning, prepared by the SEC's Office of Investor Education ...

SSgA appointed to rebuild Findex investment strategy

LAURA MILLAN  |  MONDAY, 11 MAY 2015
... Financial Index Wealth Accountants, Centric Wealth, Crowe Horwath Australasia, MOVO, CIVIC Financial Planning and Prescott Securities. The group's chief investment officer Kieran Canavan said that Findex is looking to bring certain services in-house ...

ACSA appoints NAB manager as chair

ALEX BURKE  |  MONDAY, 11 MAY 2015
... industry change." Braga, who was the ACSA member representative for JP Morgan, has moved onto a new role at BNP Paribas Securities Services. ACSA has also appointed Citi Markets and Securities Services head of securities Martin Carpenter as deputy ch ...

Macquarie profit beats forecast

MARK SMITH  |  FRIDAY, 8 MAY 2015
... profit contribution increased by $710 million, or 33%, on FY14. The bank's capital markets facing businesses - Macquarie Securities Group, Macquarie Capital and Commodities and Financial Markets - also improved with combined net profit contribution up ...

Next stop: US payrolls

BENJAMIN ONG  |  FRIDAY, 8 MAY 2015
... month for us to believe June is back on the table." (Bloomberg quoting Art Hogan, chief market strategist at Wunderlich Securities in New York). However, it seems that current market thinking is for a lift-off this year. A stronger-than-expected jobs ...

Market Wrap AM

AAP  |  FRIDAY, 8 MAY 2015
... contributed to a 1.6 per cent loss in the S&P 500 in the prior two sessions. Art Hogan, chief market strategist at Wunderlich Securities, said a drop in US Treasury bond yields also eased worries. "If you look at some of the turmoil you saw in the market ...

CML launches $25m corporate bond issue

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
... targeting private investors, self-managed super funds (SMSFs) and advisers. The corporate bond issue is arranged by FIIG Securities and has a minimum initial investment of $50,000. The bonds will be distributed to new and existing FIIG clients who qualify ...