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Showing 551 - 560 of 819 results for "Settlement"

Market Wrap AM

AAP  |  WEDNESDAY, 20 NOV 2013
... Dow's four-day streak of fresh records, as the Justice Department announced a record $US13 billion ($A13.91 billion) settlement over mortgage securities with JPMorgan Chase. The Dow Jones Industrial Average slipped 8.99 points (0.06 per cent) to 15,967.03. ...

CBA could face legal action over Operation Lantern

LAURA MILLAN  |  WEDNESDAY, 30 OCT 2013
... principal at Levitt Robinson Solicitors. As Storm Financial litigator, the solicitor filed a case against the financial settlement that CBA reached with the Australian Securities and Investments Commission (ASIC), which is part of a broad class action ...

Market Wrap AM

AAP  |  WEDNESDAY, 2 OCT 2013
... on international markets amid hopes the partial US government shutdown will not seriously harm the economy and of a settlement to Italy's political crisis. At 0812 AEST on Wednesday, the September share price index futures contract was up 23 points at ...

Hedge fund industry calls for consistent global regulatory framework

MARK SMITH  |  TUESDAY, 10 SEP 2013
... manager authorisation and supervision, aggregated short position disclosure to regulators and new policies to reduce settlement failure. AIMA urged policymakers globally to seek a co-ordinated international framework and warned about the dangers of extraterritoriality ...

Court ruling on Storm, "a blow" to consumer action

LAURA MILLAN  |  TUESDAY, 13 AUG 2013
... Federal Court's decision to approve the appeal by the Australian Securities and Investments Commission (ASIC) on the settlement between Macquarie Bank and the victims of Storm Financial is "a serious blow to direct consumer action," the litigator said. ...

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
... Federal Court of Australia has determined that "a substantial wrong" occurred on May 2013 when a judged approved the settlement between Macquarie Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by the ...

Perth mortgage broker permanently banned

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... found that he had falsified a letter stating finance approval had been provided for a client and then forwarded it to a settlement agent so that the Commonwealth Bank would issue a loan in the amount of $256,000. Eric Ying Ching Chu was formerly employed ...

Storm claim unfair and baseless: CBA

LAURA MILLAN  |  MONDAY, 15 JUL 2013
... strongly reacted to the news that Storm Financial victims' lawyer will start legal proceedings against the $136 million settlement that the bank reached with the Australian Securities and Investments Commission (ASIC) last year. "CBA regards the application ...

Storm lawyers take ASIC and CBA to court over settlement

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
Storm Financial litigator Levitt Robinson Solicitors have questioned the $136 million settlement reached by the Australian Securities and Investments Commission (ASIC) and Commonwealth Bank last year. Levitt Robinson has filed a case against both organisations ...

SMSFs urged to consider transparent alternatives to managed funds

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
... McIlroy said. 'After trading, the investor will have to wait for the contract note in the original currency and another settlement note when the conversion goes through. That paperwork must then go to the administrator or to the accountant to keep track ...