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Showing 41 - 50 of 189 results for "US Bank"

Advice the face of wealth management evolution

DARREN SNYDER  |  THURSDAY, 16 NOV 2017
The chief executive of a US mutual fund provider and subsidiary to a US$1.7 trillion global investment manager believes the financial services industry cannot go back on its move to independent financial advisers. Speaking at a Morningstar investment ...

Valuation dispersion creating opportunity for instos to retilt

MARK SMITH  |  TUESDAY, 27 SEP 2016
The dispersion in valuations between the cheapest and the most expensive stocks is the widest it has been at any point since the dotcom boom, according to the founder of global asset manager Pzena Investment Management. The most expensive quintile of ...

Largest five banks all Asian

MARK SMITH  |  THURSDAY, 14 APR 2016
The world's five largest banks are all based in Asia, and China-headquartered banks made up the top four, according to S&P Global Market Intelligence's latest global bank rankings, while Australian banks have slipped down the rankings. The three largest ...

Glass-Steagall Act reintroduced to US Senate

ALEX DUNNIN  |  THURSDAY, 9 JUL 2015
The Glass-Steagall Act that used to require US banking groups to separate their traditional activities from their investment management activities has been re-introduced into the US Senate. The legislation has been sponsored by GOP, Democrat and Independent ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... preventing them from accessing their existing SMSF clients' funds; offering shares without disclosure; accessing funds held in US bank accounts; and dealing with any real estate purchased with client funds. "ASIC will act to ensure those who deliberately ...

Market Wrap AM

AAP  |  FRIDAY, 13 MAR 2015
The Australian market looks set to open higher after Wall Street lifted following disappointing retail sales figures which bolstered the case for keeping US interest rates low. At 0803 AEDT on Friday, the March share price index futures contract was ...

Market Wrap AM

AAP  |  THURSDAY, 29 JAN 2015
The Australian market looks set to open sharply lower after falls on Wall Street amid speculation the Federal Reserve remains on course to raise borrowing costs. At 0900 AEST on Thursday, the March share price index futures contract was down 65 points ...

Market wrap

AAP  |  FRIDAY, 16 JAN 2015
... its outlook for the company. On Wall street on Thursday, stocks fell for a fifth straight day following disappointing US bank earnings and the Swiss bank's move. The Dow Jones Industrial Average fell 106.38 points, or 0.61 per cent, to 17,320.71 poin ...

Market Wrap AM

AAP  |  FRIDAY, 14 NOV 2014
The Australian market looks set to open slightly higher on the back of modest gains in European and US stocks overnight. The December share price index futures contract was up three points at 5,452. Wall Street and European stocks are slightly higher ...

US insurance agency fined US$200,000

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
... groups and institutions that would be considered draconian in Australia. Illustrating this, last week the CFPB ordered a US bank to provide an estimated US$48 million in financial relief to consumers harmed by illegal billing practices in addition to ...