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Showing 2851 - 2860 of 10553 results for "BEI"

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
J.P. Morgan Chase & Co is set to cough up close to $1.4 billion (US$1 billion) to shut down regulatory and government agency probes into market manipulation allegations on its precious metals and treasuries trading desk. As first reported by Bloomberg ...

J.P. Morgan rolls out global accounting services

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
J.P. Morgan has begun moving its Australian customers over to its global accounting system, which will give local clients access to additional services. The move to the new accounting system, FIS' InvestOne, has been a multi-year project and seeks to ...

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
ASIC found 14 'cash' funds with $7 billion in assets had confusing or inappropriate labelling, resulting in changes to names, asset allocations or in one case, even a closure. The corporate regulator found some funds that labelled themselves as 'cash ...

Male-pack mentality holds back boards

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
Having more women on boards has the potential to positively influence companies' corporate social responsibility initiatives and governance. This is based on research from the University of South Australia, which looked at a sample of large ASX-listed ...

Liberman firm backs non-bank lender

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
A Liberman family investment company has topped up its investment in a small bank lender. Josh Liberman Investment Group first invested in small-medium enterprise lender Lumi in November 2018 with a $31.5 million raise as a cornerstone investor. Lumi ...

Ethical super fund overhauls fees

ELIZABETH MCARTHUR  |  TUESDAY, 22 SEP 2020
An ethical superannuation fund which targets young, socially aware people has overhauled its investment and administration fees. Cruelty Free Super will change its fees from 1 October 2020, in a move that the fund says should lower the cost over all ...

Chief economist update: Dan defeats second wave

BENJAMIN ONG  |  TUESDAY, 22 SEP 2020
Bitter and painful as the medicine may be, it's starting to work downunder. Melbourne's 14-day average of coronavirus infections continues to trend lower, this day at 32.8 persons - within the average 30-50 case rate that the Andrews government ...

IAG names chief from within

ANNABELLE DICKSON  |  MONDAY, 21 SEP 2020
Insurance Australia Group has promoted its deputy chief executive to chief executive following Peter Harmer's announcement to retire. Nick Hawkins was appointed as deputy chief executive in April this year after 12 years as the company's chief financial ...

MSCI launches UN SDG alignment tool

KARREN VERGARA  |  FRIDAY, 18 SEP 2020
MSCI has launched a tool that assesses companies' compatibility with the United Nations Sustainable Development Goals. The MSCI SDG Alignment Tool examines a company's operations, products, services, policies and practices, and determines its ...

Zenith hires consultants from Lonsec

KANIKA SOOD  |  FRIDAY, 18 SEP 2020
Zenith Investment Partners has hired two consultants from Lonsec, including the latter's deputy head of active manager research. Shailesh Jain will work as a senior investment consultant at Zenith, focussing on its client and platform relationships. ...