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Showing 2341 - 2350 of 2958 results for "August 2009"

Count buys DKN stake

MICHAEL HOBBS  |  FRIDAY, 5 FEB 2010
Count Financial has bought a five per cent stake in financial services solutions provider, DKN Financial Group, as financial planning groups continue their buying spree. The purchase, worth over $5 million in ordinary shares, means Zurich Financial ...

Positive contagion

BENJAMIN ONG  |  TUESDAY, 2 FEB 2010
Running of the bulls. Peppered with undeniably wonderful set of numbers, Wall Street couldn't have it any other way overnight. The Dow closed 1.2 per cent higher - the biggest daily advance in about a month - the S&P 500 surged 1.4 per cent and the ...

Bendigo head moves to ME Bank

RUTH LIEW  |  THURSDAY, 28 JAN 2010
Jamie McPhee, former head of banking and wealth at Bendigo and Adelaide Bank, is the new chief executive of Members Equity Bank. McPhee will be taking over the reins of ME Bank on 8 February, according to a press statement from the bank. McPhee is a ...

LKM directors blocked from leaving Oz

ASIC RELEASE  |  WEDNESDAY, 27 JAN 2010
ASIC has successfully stopped Rolf Koops and Sandra Martin, directors of collapsed debenture scheme operator LKM Capital, which cost investors $63 million in losses, from leaving the country. The NSW Federal Court ordered that Koops and Martin be restrained ...

Citigroup Wealth Advisers broker banned

ASIC RELEASE  |  MONDAY, 25 JAN 2010
ASIC has banned Melbourne broker Mark McKenzie, previously employed by Citigroup Wealth Advisers, from providing financial services for three years. ASIC found that between 26 July and 8 August 2006, he possessed inside information regarding a possible ...

Bookmakers Super boosts liquidity

MICHAEL HOBBS  |  THURSDAY, 14 JAN 2010
Bookmakers Super Fund has improved the liquidity of its balanced investment strategies, increasing the cash levels of its Balanced Pension by more than $10 million to $12 million. The fund's December update said "pleasing progress" had been made to ...

The I word

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2009
Yes, it's back - the 'I' word that is. With the many letters being thrown around to describe the global recovery these days, you must be wondering what this letter 'I' stands for. 'I' stands for inflation. The fear of its return spooked Wall Street ...

UK variable annuity sales dive

COMPANY RELEASE  |  MONDAY, 7 DEC 2009
UK demand for variable annuities has dropped significantly during the third quarter of 2009 as sales fell from more than $610 million to over $250 million. The Watson Wyatt research found variable annuity sales between the second and third quarter fell ...

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
You are the definition of moral hazard! These words - delivered by Kentucky Republican Senator Jim Bunning at Ben Bernanke's Senate hearing on his nomination for a second term as Chairman of the US Federal Reserve - perhaps reflects the embodiment of ...

VicSuper searches for CIO

MICHAEL HOBBS  |  MONDAY, 23 NOV 2009
VicSuper is looking for a chief investment officer after Peter Lunt, the fund's executive manager of investments, moved to a different role as part of an organisational restructure. A spokesperson from the $6.7 billion fund confirmed Lunt had moved ...