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Showing 391 - 400 of 3927 results for "November"

Platinum shutters London operations, UCITS funds

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
... distribution and client service of European clients invested in the UCITS. Timothy Maher was hired as managing director in November 2018. He was joined by Jonathan Ross-Russell, investor relations manager, and Lauren Wright, office and compliance manager. ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
... decision to not issue a penalty to Block Earner after it was found to have provided unlicensed financial services. In November 2022, ASIC commenced civil penalty proceedings against Block Earner, which offered a range of fixed-yield earning products ...

SSGA loses $2.4bn in two months

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
... Equities Index (Hedged) Trust and Australian Fixed Income Index Trust lost $252 million and $293 million respectively. In November, the State Street Australian Equities Index Trust bled $712 million, comprising the lion's share of that month's redemptions. ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... our delivery partner, are working well together. "The project is currently expected to deliver to the plan announced in November last year." In March last year, ASIC informed ASX that it had commenced an investigation into oversight, statements, and ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... Charlie Karaboga and Jordan Momtazi and backed by Framework, Coinbase, Longhash, and Sequoia Capital. Between March and November 2022, ASIC found Block Earner provided unlicensed financial services and operated an unregistered MIS when offering its fixed-yield ...

Freshwater Wealth launches

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... with Perrett, a 2022 FS Power50 financial adviser, having finished up at Viridian as an executive financial adviser last November. Before that he spent over 20 years at Westpac leading the advice team in its commercial and private bank. Fuchs recently ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... misappropriation of funds invested for trading and investment purposes. The court determined that between May 2016 and November 2017, Ali dishonestly used funds provided by investors to purchase a BMW motor vehicle for a personal associate and real estate ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... executive in September 2020. He previously served as chief executive of global consumer banking at Citigroup from 2015 until November 2019. Group chief financial officer Jason Windsor was appointed as interim group chief executive subject to regulatory ...

Former Life Plan FP adviser cops ban

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... high standards expected of a provider of financial services". At Life Plan FP, Nabi also served as a director from 15 November 2019 to 30 December 2022, and a responsible manager from 19 January 2020 to 31 August 2022. Nabi is the founder and chief executive ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... sector." Allen said CBA remains "comfortable" with its base case that the RBA will start easing interest rates gradually in November this year.