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Showing 5071 - 5080 of 5518 results for "September 2005"

ASIC bans Queensland advisor

The Australian Securities and Investments Commission (ASIC) has banned a Queensland financial advisor from providing any financial services. "ASIC's decision serves as a warning that dishonest conduct will not be tolerated and a lifetime ban will be ...

Australian Wealth Management posts modest debut results

Australian Wealth Management (AWM) has posted a $113,000 maiden net profit for the six months to March 31, in line with forecasts set out in its scheme book prior to listing. The profit included one off separation and restructuring costs to the tune ...

ASIC reveals financial services refinement projects

The Australian Securities and Investments Commission (ASIC) has put forward details of the eight projects it will embark on as part of the Federal Government's Refinements to Financial Services Regulation. Each project has its own timetable with ASIC ...

NAB's half year results on track

The National Australia Bank (NAB) has posted its half year results with cash earnings before significant items of $1.62 billion and after significant items of $2.439 billion. Those items included a $1.073 billion profit on the sale of Northern and National ...

Credit Suisse's small-caps strategy in good stead

Morningstar has given Credit Suisse's small caps-fund strategy an investment grade rating however cites that its investment team should not be too distracted from the investment house's large-cap strategy, the latter being such an abysmal performer. ...

Market wrap

AAP  |  TUESDAY, 19 APR 2005
The Australian share market may show some signs of recovery today after being hammered over the last couple of sessions. A relatively benign night on base metal and oil markets, coupled with some gains in precious metals provide a good base for the ...

NAB foreign exchange options desk back in business

The National Australia Bank has announced it will reopen its foreign exchange options desk on May 9, 2005, almost 15 months since it first notified the market of the unauthorised trading in foreign exchange options which cost the bank $360 million. ...

Primelife's settlement with ASIC comes at a high price

ASIC has reached a settlement with Primelife with regards to 20 allegedly unregistered management investment schemes including a payment of up to $600,000 to meet ASIC's legal costs and up to $1 million to cover independent accountant reports. In September  ...

ASIC's 'Super Switching' campaign catches Tasmanian adviser

ASIC has begun action against a Tasmanian man following its 'Super Switching' campaign launched in December last year. The 'Super Switching' campaign was developed to monitor the advice and disclosure by advisers where advisers are required to write ...

NAB Currency Options Trader pleads guilty

National Australia Bank's currency crisis continues with former NAB head of foreign currency options desk, Luke Duffy pleading guilty to three counts of dishonestly using his position as an employee to gain advantage for himself and others. Duffy was ...