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

Search Results

Showing 3191 - 3200 of 5176 results for "YES"

ASIC targets Brighton in Westpoint swoop

ASIC RELEASE  |  THURSDAY, 8 OCT 2009
ASIC has filed a court application to commence proceedings against Brighton Hall Securities as part of its latest Westpoint crackdown. ASIC announced yesterday that it had filed an application for leave in the Federal Court in Perth to commence proceedings ...

Westpoint exec faces court

ASIC RELEASE  |  WEDNESDAY, 7 OCT 2009
The former chief financial controller of the Westpoint Group of companies, Graeme Rundle, has appeared in court following two criminal charges brought by ASIC. Rundle, of Perth, Western Australia, appeared in the Downing Centre Local Court, Sydney ...

Europe fails at fee disclosure

RUTH LIEW  |  FRIDAY, 2 OCT 2009
The European fund industry is failing the fees transparency test - while Australian fund managers are facing their own woes when it comes to unbundling fund costs, according to PricewaterhouseCoopers. According to the "Ideal Fund - Reengineering the ...

October - an E (entry/exit) point

BENJAMIN ONG  |  FRIDAY, 2 OCT 2009
... market monitors and spreadsheets are flashing red big numbers instead of green at the end of the first trading day in October. Yes, it was red all around from New York to Rio and old London town. And just like any other day when equity markets make a ...

Macquarie buys investment bank FPK

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
Macquarie Group's buying spree continues with its latest acquisition, investment bank Fox-Pitt Kelton Cochran Caronia Waller. The buy will see Macquarie expand its North American and European presence, noted an ASX statement released yesterday. Founded ...

GFP snaps up Timbercorp assets

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
An international forestry investment fund advised by Global Forest Partners (GFP) has signed a contract to buy Timbercorp's forestry assets - outbidding other buyers including First Super-backed consortium, TC Growers. According to a press statement ...

Not proud of Storm involvement: Norris

RUTH LIEW  |  THURSDAY, 1 OCT 2009
CBA chief executive Ralph Norris has acknowledged that the bank's involvement with Storm Financial was not something he was proud of - but hopes the processes put in place to help affected customers would ease some of their burden. Norris told an audience ...

APRA stresses super client burden

MICHAEL HOBBS  |  WEDNESDAY, 30 SEP 2009
John Trowbridge, executive member at Australian Prudential Regulation Authority (APRA), has highlighted the pressure group insurers are under to attain and keep contracts with large super funds. Speaking at the Institute of Actuaries of Australia yesterday ...

Herding 20 cats

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2009
... for three to four trillion dollars of your debt and think that they're going to be passive observers of whatever you do." Yes, ladies and gentlemen, the global financial crisis has forced rich industrialised nations to share governance of the global ...

Vote of confidence

BENJAMIN ONG  |  TUESDAY, 29 SEP 2009
... become 4.75 per cent. OMG! OMG! OMG! Some commentators blamed this for the dip in the Australian equity market yesterday. Ahh yes, of course, pressure on stock valuation, higher mortgage rates that would dampen property, higher credit rates that would ...