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Showing 511 - 520 of 721 results for "Class A"

Bendigo and Adelaide Bank reaches agreement in Great Southern case

ALICE URIBE  |  THURSDAY, 24 JUL 2014
An agreement has been reached in the legal battle between Bendigo and Adelaide Bank and lenders who invested in Great Southern, with the borrowers admitting that their loans are valid. Around 8200 investors borrowed more than $550 million from the bank ...

Market wrap

AAP  |  WEDNESDAY, 16 JUL 2014
The Australian share market has opened higher following positive overseas leads. Wall Street was boosted by better-than-expected earnings from multinational bank Citigroup overnight, with the Dow Jones rising 0.66 per cent. Asian markets also finished ...

Market wrap

AAP  |  TUESDAY, 15 JUL 2014
The Australian share market has opened higher following positive overseas leads. Wall Street was boosted by better-than-expected earnings from multinational bank Citigroup overnight, with the Dow Jones rising 0.66 per cent. Asian markets also finished ...

FEATURE: In search of the missing asset class

MARK SMITH  |  FRIDAY, 4 JUL 2014
Recent regulatory changes have removed some of the barriers the Australian corporate bond market has posed to issuers and investors. But Australia is still some way behind its international peers. Mark Smith finds out what more can be done to improve ...

Inquiry sees spike in demand for legal action against CBA

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
Law firms working to start a class action against Commonwealth Bank's (CBA) financial planning businesses have seen a spike in the number of affected consumers willing to join the legal cause. Maurice Blackburn principal John Berrill and Shine Lawyers ...

Financial Wisdom to face class action for poor advice

LAURA MILLAN  |  MONDAY, 16 JUN 2014
Commonwealth Bank-owned Financial Wisdom will face a class action started by Shine Lawyers for inappropriate investment advice to more than 3,000 clients. Shine Lawyers confirmed to Financial Standard that the law firm is now collecting evidence to ...

Wanted: $20bn electricity investor for NSW

ALEX DUNNIN  |  WEDNESDAY, 11 JUN 2014
The NSW government parliamentary caucus has agreed to a sell-off part of its state's electricity poles and wires distribution network, with an expected sale price of $20 billion to be presented to institutional investors. The agreement was reached after ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
Commonwealth Financial Planning and Financial Wisdom will have to reopen compensation processes for more than 4,000 clients after its methods were found to be inconsistent and disadvantaged customers. The Australian Securities and Investments Commission ...

Court rules against S&P in Lehmann Brothers class action

LAURA MILLAN  |  THURSDAY, 8 MAY 2014
A Federal Court judgement against ratings agency Standard & Poor's has cleared the way for Councils, church groups and charities to continue a damage claim relating to Lehman Brothers complex products. Church groups, charities and 91 Councils in Australia ...

AMP wealth management cashflows up 72%

MARK SMITH  |  THURSDAY, 8 MAY 2014
AMP's wealth management net cashflows jumped 72% in the first quarter to $363 million, up from $211 million for the same period last year. AMP's North platform was a key growth driver of the rise with $1 billion in net cashflows for the quarter, the ...