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Showing 5071 - 5080 of 5512 results for "September 2008"

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 ...

S&P ASSIRT Market Share findings reveal strong inflows for industry

Preliminary finds from Standard & Poor's (S&P) ASSIRT Market Share report reveal strong fund inflows to the manufacturing, platform and retail sector for the December 2004 quarter. The report is based on ASSIRT data from over 65 fund managers and flow ...

Fincorp feels ASIC's displeasure

Financial watchdog ASIC has filed proceedings in the NSW Supreme Court against the heavily publicized Fincorp Investments. ASIC is alleging that Fincorp offered securities under a replacement prospectus, which contained misleading or deceptive statements ...

ING posts strong profit but flags more work ahead

ING Australia has increased its net profit after tax by 52 per cent to $327 million for the year to the end of December however chief executive officer Paul Bedbrook has stated the group has some work remaining ahead of it. Bedbrook says that while ...

QIC suspends two managers

QIC has restructured its $11.3 billion international equities fund - the QIC International Equities fund - which has resulted in a suspension of its US equity mandate with Deustche Asset Management and Japanese equity mandate with Martin Currie Investment ...

Investor Group buys Adelaide boutique practice

Listed financial planning firm Investor Group (IGP) will purchase boutique planning outfit Financial Management Services (FMS) for $1.8 million and integrate it with its Adelaide practice, Prescott Consultants. FMS currently operates under its own dealer's ...

Stuart retires from Goldman Sachs JB Were

Andrew Stuart has announced his retirement as co-chief operating officer of Goldman Sachs JB Were (GSJBW) completing his 18-month term in the position to pursue personal interests. Stuart was appointed to the role in September 2003 as part of the merger ...