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Showing 41 - 50 of 1900 results for "Financial markets"

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... taxpayers, and the broader economy," the Federal Reserve said. "The board is carefully monitoring developments in financial markets. The capital and liquidity positions of the US banking system are strong, and the US financial system is resilient." The ...

UBS names industry veteran as Australasia chair

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
... relation to senior client engagement, strategic business planning and staff development. His deep knowledge of financial markets, the Australian financial services sector and strong risk management experience will also be an asset to the firm. UBS Australia ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
Link Group flagged it is in "advanced confidential discussions" with the UK's financial markets regulator to settle its investigation against the failed Woodford Equity Income Fund. The case has dragged on since 2019, when fundie Mark Woodford went ...

Mason Stevens welcomes former Iress chief

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... direction of the business as it embarks on a period of accelerated growth. "Despite a turbulent year in global financial markets, Mason Stevens has achieved record growth in revenue and funds under management and administration, by providing its high ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
... corporation's retail asset sales team. QTC chair Damien Frawley said Allen's experience with global financial markets and the public sector will ensure QTC can harness the significant opportunities ahead for Queensland. "Leon's expertise ...

Rest welcomes super heavyweights

ELIZABETH FRY  |  FRIDAY, 10 FEB 2023
... allocation capabilities. A former finance professor, Docherty has an extensive background in consultancy in financial markets and funds management. Meantime, Scott Tully has joined Rest on a six-month contract as head of investment option development. ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
Analysts warn that the first six months of 2023 will be the toughest for financial markets but expect more positive momentum by the end of the year. According to Fidelity International's annual analyst survey, over the next 12 months, debt defaults ...

ASIC commissioner to join Vanguard

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... and 2010. He was appointed commissioner in November 2018. He is a former chief executive of New Zealand's Financial Markets Authority. Outside of the regulatory sphere, Hughes has held roles including chief risk and legal officer at UniSuper, head ...

AAT upholds AFSL cancellation

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
The Administrative Appeals Tribunal (AAT) has supported ASIC's decision to cancel the AFSL of Olive Financial Markets Pty Ltd (Olive). Between 2013 and 2018, Olive operated both a managed discretionary account (MDA) service and a superannuation rollover ...

Market manipulator sentenced

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... market manipulation charges. In sentencing Cooper, Justice Forrester said: "It's fundamental to the viability of financial markets that they have integrity and that the community trusts that to be the case." "Market manipulation undermines the efficacy ...