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| | | The Australian Securities and Investment Commission (ASIC) has started legal action against listed funds management company Mariner Corporation (Mariner) over its proposed 2012 takeover bid for financial services company Austock Group (Austock). ASIC ... |
| | | | ... into several practices at high-speed trading firms, including a method where a firm places a large order for trades in a company's stock but then cancels them. The agency is also looking into whether trading firms were granted information ahead of institutional ... |
| | | | ... $33.14, while Commonwealth Bank was down 18 cents at $76.95. Among other stocks, Goodman Fielder, Australasia's biggest food company, had plunged 11.75 cents, or 19.3 per cent, to 49.25 cents after it said annual earnings would miss expectations by up ... |
| | | | ... is actually corresponds similarly to our system when you compare population. The figures released by the US Investment Company Institute (ICI), also reveal that retirement savings represent 34% of US household financial assets. The ICI noted that assets ... |
| | | | ... Young is set to step down from his current position, as well as from the position of non-executive director of the listed company. Young told the board that he made the decision due to important upcoming personal and family commitments. Independent non-executive ... |
| | | | ... shared IOOF model services. Bridges Financial has already started the search for a new chief executive and its parent company, IOOF, has engaged an external agency to assist in the search. An IOOF spokesperson told Financial Standard that Bridges Financial ... |
| | | | ... Australia's oldest bank. James Fernyhough reports. Mike Chesworth is an endangered species: he has only ever worked for one company. It began in 1979 when, at the age of 19, after spending three years in London where his father was head of Australian ... |
| | | | ... role. Burnard told Financial Standard that Sack would remain with the business for a handover period and then leave the company. He said that there would be no more job losses as a result of the restructure. "We've gone through a rationalisation process ... |
| | | | ... position. Major OneVue shareholder Michael Cole will depart due to time constraints and potential conflicts of interest, the company said in a release. He is set to oversee the amalgamation of NSW State Super, the NSW Treasury Corporation and the Safety ... |
| | | | Standard Life Investments has acquired UK-based fund manager Ignis from parent company Phoenix Group for A£390 million ($700 million). Subject to regulatory approval, the deal will see Phoenix and Standard Life Investments form a 'strategic alliance' ... |
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