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Showing 251 - 260 of 553 results for "Foreign Exchange"

ASIC: Beware fake forex website

MARK SMITH  |  TUESDAY, 16 SEP 2014
ASIC has warned consumers to be wary of a fake website promoting foreign exchange broker, First Forex. First Forex and related entities Fifx and FiFX Global promote their services at www.fifx.com and falsely claim that their services are 'under the ...

Calendrically weak

BENJAMIN ONG  |  MONDAY, 15 SEP 2014
... Politburo says 7.5% growth - the scope - benign inflation (2.0%) - and the wherewithal - nearly US$4 trillion in foreign exchange reserves - to do so. Never mind too the uncertainty caused by Scotland's 'YES' or 'NO' vote. It'll hurt what would be independent ...

Who will buy NAB Asset Servicing?

JAMES FERNYHOUGH  |  THURSDAY, 4 SEP 2014
... made an unsuccessful bid. Rumours also have it that NAB wants $2 billion, which would not include the cash and foreign exchange constituents of the business. Some in the industry have suggested that, without those two lucrative components, even half ...

$US5b irregularities at China fund, banks

AFP  |  FRIDAY, 20 JUN 2014
... document, published late Wednesday. CIC was established in 2007 to pursue higher returns from part of the country's foreign exchange reserves, the world's largest, and had assets of more than $US575 billion at the end of 2012. One of its subsidiaries ...

ASIC bans former Westpac trader

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
... worked at Westpac during 2009 and 2010 and he was in charge of trading on a range of financial products, including foreign exchange and cross currency swaps on behalf of Westpac. An investigation of the Australian Securities and Investments Commission ...

NAB and ABS employees arrested for insider trading fraud

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... Officials from both institutions told the media that the two would have obtained about $7 million while trading on foreign exchange derivatives. "They were using online margin foreign exchange derivatives to have the upper edge," ASIC senior executive ...

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
... significant growth in customer numbers and in products that support regional trade and investment flows such as foreign exchange, cash management and trade finance, Smith said. "Since we launched our strategy six years ago, the compound annual growth ...

Super fund custody 'fee holidays' revealed

JAMES FERNYHOUGH  |  TUESDAY, 22 APR 2014
... custody, some are flat fees for administration services, then there are ancillary services such as cash management, foreign exchange services and securities lending. These can all be put into the revenue mix to offset each other over the life of the ...

Westpac to open branch in Shanghai

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
... kilometres, and grants financial institutions exemptions from certain Chinese regulations, including caps on foreign exchange deposits and interest rates. Westpac Institutional Bank chief executive Rob Whitfield said the FTZ signified the beginnings ...

China's art of currency war

BENJAMIN ONG  |  TUESDAY, 18 MAR 2014
... strengthening 2.9 percent in 2013. The yuan fell as much as 0.86 percent on Feb. 28, the biggest intraday loss in China Foreign Exchange Trade System prices going back to 2007. The drop was also the largest since China unified official and market exchange ...