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Showing 2281 - 2290 of 7027 results for "Corporate"

Nomura ordered to pay back US $25m

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
... has been ordered to pay back US $25 million to clients misled by its bond traders, in an enforcement action by the US corporate regulator. Many of Nomura's bond traders made false and misleading statements to customers while negotiating sales of commercial ...

US bonds present ESG problem

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... Schroders' global head of stewardship believes ESG-focused investors should exercise caution before investing in US corporate bonds. Schroders global head of stewardship Jessica Ground told a media briefing in Sydney recently that some US corporate ...

Managed investment scheme operator AFSL canned

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUL 2019
... Australian financial services licence of a Sydney-based managed investment scheme operator was cancelled by ASIC. The corporate regulator cancelled the licence of Australian Mutual, which operated a number of investment schemes. The cancellation allows ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... use high-pressure selling and other "unfair sales practices" when selling CCI. ASIC commissioner Sean Hughes said the corporate regulator was "deeply troubled" by the findings in the report, which included the likes of Commonwealth Bank and its subsidiary ...

AMP Advice executive joins AFA

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
The head of corporate development at AMP Advice has taken on a new role with the Association of Financial Advisers. Robert Coulter will join the association as general manager, partnerships. AFA chief executive Philip Kewin said Coulter's extensive ...

Asset manager reshuffles board

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... move follows the recent return of chief executive officer Nicholas Bolton, who left the firm in November 2015 after corporate regulator ASIC ordered his ousting. ASIC's order expired while Bolton had been appealing the decision through the Administrative ...

Association names new chief

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
... director, policy and advocacy at the Governance Institute of Australia for 10 years. Fox has been a member of the ASX Corporate Governance Council since 2005, and has also served on Standards Australia's risk management committee and ASIC's Business ...

UBS appoints new country heads

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
... Hughes, as the new co-country heads of UBS Australasia. Sweetman will also continue in his existing role as co-head of corporate client solutions, Australasia and Hughes will also remain as country operating officer, Australasia. Over the next six months ...

New Bond ETF for BetaShares

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... a balanced portfolio given their historical negative correlation to equities and high level of stability relative to corporate bonds," Vynokur said. "Australian government bonds are considered to be an important 'safe-haven' asset class for investors ...

Deutsche Bank slashes global workforce, exits global equities

KARREN VERGARA  |  MONDAY, 8 JUL 2019
... sales and trading, but retain an equity capital markets operation. Additionally, it will significantly reduce the global corporate and investment banking division's risk weighted assets by about 40% and resize its fixed income operation. The divisions ...