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Showing 21 - 30 of 3675 results for "Wall Street"

Soros hands the reins to son

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... charitable Open Society Foundations and political action committee, confirmed by the new successor in an interview the Wall Street Journal. Open Society Foundations is active in more than 120 countries around the world and funnels approximately $2.2 ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... reduced revenues. Its share price is down almost 98% year on year and dropped 75% in the past five days. Last week, The Wall Street Journal reported people familiar with the matter confirmed final bids were made to rescue the bank and a decision on its ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... to be quite dovish by investors, so that was supportive of European shares," he said. "Then the US opened." Over on Wall Street, First Republic Bank received a $30 billion backing from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ...

Deutsche Bank, DWS raided over greenwashing

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
... staff. The former executive, Desiree Fixler, was let go from DWS after less than a year in the role. She later told The Wall Street Journal that the group's fund managers ignored calls to use ESG information as part of their decision making and that ...

Charges laid in lengthy ASIC investigation

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... others. This included paying for cosmetic surgery for his partner, buying a house and paying off debts owed to 'Wolf of Wall Street' Jordan Belfort. The misconduct was uncovered while ASIC was looking into the misappropriation of funds from the IPO for ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
The Fed has spoken and Wall Street didn't like what it heard and saw (in the dot plots). US equities painted the board red, with all benchmark indices closing on the down low, while yields on 10-year US Treasuries went on the up and up. This is ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... reaction to the two most important indicators the Fed watches in determining its next policy move only a month apart? Wall Street rallied last month when the US Bureau of Labor Statistics (BLS) reported that the US economy added 266,000 jobs in April ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... We may call them slacks but they're presenting a perfectly rational response to the current situation. As the Wall Street Journal put it last month: "Average unemployment recipient receiving federal enhancement (which continues to September) earns ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
... interests of clients when providing personal advice. ASIC said Yoshai created a trading floor culture akin to The Wolf of Wall Street where a bell was rung when clients would deposit a sum of money in their trading account and account managers would ...