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Showing 31 - 40 of 254 results for "Bankrupt"

Sri Lanka announces bankruptcy

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
... Prime Minister Ranil Wickremesinghe announced his plans to negotiate with the International Monetary Fund (IMF) as a bankrupt country. "Our country has held talks with the IMF on many occasions before. But this time the situation is different from all ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
International cryptocurrency platforms Celsius and Binance temporarily suspended customer withdrawals. Yesterday, the world's largest crypto exchange, Binance, suspended withdrawals on the Bitcoin network. In a statement, Binance said: "This is ...

ASIC imposes travel restraint orders against ex-director

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
ASIC has obtained interim travel restrain orders against Mark Francis McCabe, a former director of Guevara Capital Access and Online Trading Capital. ASIC applied for these orders because it is concerned that from 31 July 2014 and ongoing, McCabe may ...

CFP Board welcomes new chair

KARREN VERGARA  |  FRIDAY, 14 JAN 2022
The professional body for personal financial planners in the US welcomed its new chair this year. Kamila Elliott took the helm of the CFP Board, becoming the first African American to serve as the chair. Elliott is currently the president of Grid 202 ...

Disgraced former fund manager chief declared bankrupt

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
The former chief executive of MFS Group - later known as Octaviar - has been declared bankrupt after he failed to pay a penalty to ASIC of $300,000. The Federal Court made the order against Michael Christodoulou King based on the unpaid penalty even ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Efforts to become more sustainable will challenge many firms and perhaps even bankrupt some, experts from MFS Investment Management have noted. In a new research note, MFS global investment strategist Robert Almeida and research analyst Robert Wilson ...

Criminal charges in property investor collapse

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... dishonestly using his position as a director, one count of disposing of property after becoming (or was about to be) a bankrupt and one count of fraud. MacVicar was charged with 13 counts of trading while insolvent, one count of dishonestly using his ...

How wealthy families protect assets no matter what

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
The wealthiest families in the world have mastered the art of asset protection through generations, even in the face of unpredictable and unprecedented events like the current pandemic. This was the consensus during a recent panel discussion on integrated ...

Investment bonds a good alternative to Wills: GDG

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
Investment bonds are the second-most effective investment solution after superannuation, and a good alternative to Wills, according to Generation Life senior distribution manager Laura Salsbury. Speaking at Financial Standard 's first Technical ...

Brian Hartzer to release leadership book

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
Former Westpac chief executive Brian Hartzer will release a professional development book on effective leadership in April. The leadership star: A practical guide to building engagement is due out next month, presents a five-point framework developed ...