Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2591 - 2600 of 3270 results for "January 29"

Structured prod issuers must disclose risks: ASIC

MICHAEL HOBBS  |  FRIDAY, 23 JUL 2010
The regulator is recommending issuers of capital protected and other structured or derivative products to clearly explain any counterparty risk and the limitations of the strategies to retail investors. The Australian Securities & Investments Commission's ...

Morgan Stanley Smith Barney names new chief

MICHAEL HOBBS  |  THURSDAY, 22 JUL 2010
Morgan Stanley Smith Barney has appointed Harry Parkinson as chief executive, replacing Matthew Comyn who leaves the role after just six months with the firm. Comyn was appointed chief executive of the firm's Australian wealth management business in ...

Been there, done that

BENJAMIN ONG  |  TUESDAY, 20 JUL 2010
Wall Street's weekend may have done it some good. It left pondering the tug o' war between good company profit results and negative economic data. The Street didn't like what it saw. Investors sold... heavily. Wall Street returned last night, still ...

Contra confidence

BENJAMIN ONG  |  MONDAY, 19 JUL 2010
Did anyone hear that loud thud on Wall Street over the weekend? So what do we do now? Are we back on track for very slow growth - at worst, a double-dip -- and all the sinister consequences it'll have on our combined and individual fortunes? The Street ...

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
Goldman Sachs & Co has paid the US regulator more than $620 million (US$550 million), the largest penalty ever levelled against a financial firm, for allegedly misleading investors regarding the deals behind its sub-prime mortgage product. Goldman Sachs ...

US pension plan deficits rise in June

MICHAEL HOBBS  |  WEDNESDAY, 14 JUL 2010
Pension plan deficits of S&P1500 reached $510 billion at the end of the financial year, just $1 billion shy of the previous deficit record set in January 2009, according to a new report. Mercer's survey found the pension plan deficit had widened by ...

Down on old news

BENJAMIN ONG  |  THURSDAY, 1 JUL 2010
What really was Moody's intention in announcing that it may downgrade Spain's credit rating last night? Is it Moody's way of proving that it still matters? That it could still move markets? According to Bloomberg, "US stocks fell, extending the first ...

EOFYS

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2010
"And now I'm fallin' Fallin' fast again..." -Fallin, Teri de Sario It had to happen today, didn't it? EOFY would not be a happy one for Australia given the ugly lead from Wall Street and European bourses while we were sleeping. SPI futures trading says ...

Waiting

BENJAMIN ONG  |  TUESDAY, 29 JUN 2010
International equity markets' reaction to the weekend's G-20 gabfest was to be expected. They were up a little. They were down a little. Like I wrote on this space yesterday, there was something for everyone - depending on which paragraph of the G-20 ...

Centrepoint and PIS merger agreement changed

MICHAEL HOBBS  |  MONDAY, 28 JUN 2010
The merger between Centrepoint Alliance and Professional Investment Services (PIS) is expected to go ahead but the agreement has changed. Centrepoint Alliance found no unanticipated issues with PIS during the due diligence process but the terms of the ...