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Showing 11 - 20 of 497 results for %22Billion Dollars of%22

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... objectives, not in conflict with them," he said. "The Voice is about better value for money, better outcomes for the billions of dollars we invest each year in closing the gap. It has focused us, not distracted us." Speaking to Financial Standard independent ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... Financial Crimes Enforcement Network regulations. "The SEC's order finds that DWS advised mutual funds with billions of dollars in assets yet failed to ensure that the funds had an AML program tailored to their specific risks, as required by law," said ...

Singaporean wealth manager mandates Aussie boutique

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
... moment," he said. "In Singapore, we raised another few million dollars from a new wealth group over there that have over $1 billion in assets under management, and they've got high-net-worth clients from all across the northern region of Southeast ...

Two top Global X executives exit

KARREN VERGARA  |  TUESDAY, 12 SEP 2023
... solutions Scott Helfstein said. "The semiconductor industry is expected to unlock a market worth over a hundred billion dollars, due to the surging demand for AI processing and increased investments in specialised chips, giving rise to a new investment ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... assessed 305 in total. This represents 196,000 member accounts, 24,000 of which are in failed products. By FUM, of the $19 billion held in the 305 products, $2.3 billion is in those that failed. The vast majority of the failed products are issued by ...

AAC at centre of billionaire insider trading scheme

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... traded companies he was a major investor in. "Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to [Mr] Lewis those bets were a sure thing," US attorney Damian Williams said in a video ...

Tax miners, major corporates to tackle housing shortage: CFMEU

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2023
The Construction, Forestry, Maritime, Mining and Energy Union (CFMEU) is calling for the introduction of a $28 billion annual super profits tax to close the gap in social and affordable housing. The CFMEU commissioned Oxford Independent Economics to ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... down following the company's filing for bankruptcy and was later arrested on allegations he embezzled billions of dollars from client funds. Bankman-Fried has since pleaded not guilty to all charges.

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... Zhao-owned companies. According to research firm Nansen, in the 24 hours after Binance was sued investors pulled US$3 billion out, resulting in a negative net flow of US$1.43 billion. The two largest wallets in terms of net withdrawals belonged to institutional ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... themselves by billions of US dollars while placing investors' assets at significant risk." Binance earned at least $17.5 billion in revenue, largely from transaction fees, between June 2018 and July 2021, the SEC stated. "We allege that Zhao and the ...