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Showing 351 - 360 of 819 results for "Settlement"

La Trobe Financial expands executive team

KRISTI CHENG  |  WEDNESDAY, 18 SEP 2019
... to assist the company to deliver on growth prospects. David Bleakley has been appointed vice president treasury and settlement services. A bank industry veteran, he was most recently ANZ banking group's chief risk officer North America, based in New ...

Advice firm defrauds retired NFL players

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
... and the firm advertised the funds would invest in a variety of instruments but in fact invested almost exclusively in settlement advance loans to more than 70 of Howard's NFL class action clients. Close to $1 million of the funds were used by Howard ...

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... Corporate Governance policy includes litigation as a strategy to protect shareholders and corporate earnings. "The settlement in FTC v. Facebook Inc. represents a first step, but more is needed," said SISS director Kirsty Jenkinson. "We are sending a ...

Clime Capital settles class action

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... principle for an agreed sum of $8.3 million. Backed by IMF Bentham, Clime told shareholders it was pleased the in-principle settlement has been reached with UGL, a firm that provides engineering, construction, maintenance and asset management services ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
... a $186 billion mandate in February 2018. Lloyds Banking Group and its subsidiary, Scottish Widows, reached a final settlement with Standard Life Aberdeen in relation to arbitration proceedings, with Lloyds Banking Group and Scottish Widows to pay $250 ...

Small caps boutique shuts doors

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
... net of fees since inception to May end. Last year, the firm made the fund available through ASX's managed funds settlement service, mFund. However, Mhor was unable to grow its funds under management. It had about $25 million in net assets at the ...

Downsizer contributions skyrocket

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
... downsize their homes and contribute proceeds of up to $300,000 to their superannuation. Members will have 90 days after settlement to make the contribution, but can seek an extension from the ATO. It is not a non-concessional contribution and will not ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... million to settle charges for adding undisclosed markups on expenses related to the custody of client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities and Exchange Commission brought ...

Shadforth signs new tech partner

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
Shadforth Financial Group has signed a new partner to provide third-party clearing and settlement services. FinClear will now deliver trading, clearing and settlement services to Shadforth, along with its TradeCentre front-end technology. FinClear chief ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
I have a confession to make, I was a closet "no RBA rate cut in July" speculator, going against the 'Big Four' banks and financial market expectations that it would... cut interest rates by another 25 bps at its July 2019 board meeting. So soon ...