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Showing 221 - 230 of 4306 results for "Wall"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6%, Russell 2000 down by 0.9% -- on October 2 on ...

Complexity of grandfathered commissions overlooked

ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
... advisers should have known that grandfathered commissions would be banned," Anderson said. "Supposedly the writing was on the wall; however the reality is very different." Anderson points out that during the Parliamentary Joint Committee on Corporations ...

Banks face imminent disruption

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
The banks are facing big problems, according to Catherine Wood, chief executive of ARK Invest. Wood was asked at a Nikko Asset Management event how she considered banks to be positioned for the future. "Banks anywhere in the world have a big problem ...

Former Wallaby joins Invast Global

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
Former Rugby Australia coaching director, Rod Kafer, has hung up the boots for a new role at Invast Global. Kafer has been appointed director, Prime Services for the disruptor investment bank. Prior to working at Rugby Australia Kafer worked as a proprietary ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... latest Fed research puts numbers in Financial Standard 's claim that it's Trump's tariff war, stupid and the Wall Street Journal 's piece, Cut the Trump Uncertainty Tax... His best stimulus policy would be to end his tariff campaign.

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
The Federal Government has extended the deadlines for financial advisers to pass the Financial Adviser Standards and Ethics Authority's exam, as well as meet its qualification requirements. Assistant Minister for Financial Services, Superannuation ...

IOOF advice remediation hits $235m

KARREN VERGARA  |  MONDAY, 26 AUG 2019
IOOF will fork out a whopping $235.3 million to compensate customers for bad advice and charging fees for no service rendered. The ASX-listed firm's June 2019 financial results were overshadowed by its client remediation bill that is expected to ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... so are expectations of US recession. Powell could use his Jackson Hole speech to put the onus back on Trump and echo the Wall Street Journal's words: "Cut the Trump Uncertainty Tax...His best stimulus policy would be to end his tariff campaign."

Charles Schwab reverses out of Australia again

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... conditions and sluggish progress in meeting its financial goals, with pre tax charges totaling US $35 million, according to Wall Street Journal. At the time, TD Waterhouse Investor Services was reported as having agreed to buy Charles Schwab Australia's ...