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

Search Results

Showing 421 - 430 of 6008 results for "Custom"

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
The Australian Securities Exchange (ASX) suffered another glitch last week that disrupted two days' worth of trades. The ASX said it detected a "technical issue" on its CHESS Batch Settlement last Friday, forcing trade settlements on December 18 ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
The Federal Court has found that collapsed contracts for difference (CFD) issuer, Union Standard International Group (USG) and two of its former corporate authorised representatives, BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
ASIC is taking Binance Australia to court alleging it denied more than 500 retail clients important consumer protections by misclassifying them as wholesale clients. ASIC alleges from 7 July 2022 to 21 April 2023, Binance offered crypto derivative products ...

Australian Retirement Trust takes stake in Pattern Energy Group

MATTHEW WAI  |  WEDNESDAY, 18 DEC 2024
Australian Retirement Trust (ART) and Dutch pension fund ABP will acquire Riverstone Holdings' equity stake in US-based renewable energy and transmission infrastructure company Pattern Energy Group. Pattern Energy Group was founded by Riverstone Holdings ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
ASIC has launched legal proceedings against HSBC Bank Australia in the Federal Court, alleging the latter failed to "adequately protect customers", resulting in losses of about $23 million through nearly 1000 unauthorised transactions. ASIC said the ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
Bit Trade, the operator of the Kraken Exchange in Australia, has been slapped with an $8 million fine for "unlawfully issuing a credit facility to more than 1100 customers." Bit Trade offered a "margin extension" product, which allowed payments to be ...

QIC backs analytics platform with $2m investment

MATTHEW WAI  |  FRIDAY, 13 DEC 2024
QIC Ventures has pledged $2 million in seed round funding to Accoil Analytics, a product engagement analytics platform for B2B companies. Accoil provides services to collect and organise customer behaviours to help companies better understand their ...

TAL creates consumer and growth unit

MATTHEW WAI  |  THURSDAY, 12 DEC 2024
TAL Australia has appointed a general manager to lead its newly created consumer and growth team. As head of this new division, Lexie Denby will oversee TAL's direct and advised customer growth initiatives while ensuring its products and services ...

Colonial First State completes group insurance review

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
Following a review of its group insurance arrangements, Colonial First State (CFS) has renewed its mandate with AIA. Under the renewed agreement, AIA will continue to provide insurance cover for the 200,000 CFS FirstChoice Employer Super, Essential ...

ART beefs up analytics team

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Australian Retirement Trust has recruited two specialists to help lead its strategic, digital, and cultural transformation. First up, Sarah Dunn has been appointed general manager of transformation. She joins from Victorian Funds Management Corporation ...