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Showing 671 - 680 of 820 results for "Settlement"

MMC pays $428 million in compensation

MEDIA RELEASE  |  MONDAY, 16 NOV 2009
Marsh & McLennan Companies, which owns consultant Mercer, has agreed to pay $428 million (US$400 million) in settlement for a lawsuit filed six years ago that accused the firm of breaking securities law covering its contingent commission practices. ...

Market Wrap - Morning

AAP  |  MONDAY, 16 NOV 2009
... 70.6 in October. That made investors nervous that cautious consumers wouldn't step up spending at the holidays. At settlement on Friday, the Dow had risen 73.00 points, or 0.7 per cent, at 10,270.47. The Dow's drop Thursday broke a six-day winning streak ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 NOV 2009
... to 0.25 per cent and said it expects "exceptionally low levels of the federal funds rate for an extended period". At settlement, the Dow Jones Industrial Average was 30.23 points higher, by 0.31 per cent, at 9,802.14. The tech-heavy Nasdaq was down 1.8 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 NOV 2009
... machinery and military aircraft rose. Analysts had expected an increase of 0.8 per cent, according to Thomson Reuters. At settlement, the Dow Jones Industrial Average was 17.53 points lower, by 0.18 per cent, at 9,772.91. The tech-heavy Nasdaq was up ...

PIS to pay $5.9m to Westpoint investors

ASIC RELEASE  |  MONDAY, 2 NOV 2009
The Federal Court of Australia has approved the settlement of an ASIC-initiated compensation claim to PIS clients who were advised to invest in failed Westpoint Group - ordering PIS to pay $5.9 million to these clients. The court approved a distribution ...

S&G settles claims for CBA Storm clients

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
... assessed on its merits and had taken into account the bank's lending practices at the time of the loan. "During the settlement negotiations we have concentrated on the individual circumstances of each person, the strength of their legal claims and the ...

HSBC appoints head of securities services

COMPANY RELEASE  |  FRIDAY, 9 OCT 2009
... assets with 59.58 per cent market share in assets held for cross-border clients and number one in total Australian settlement transaction volumes with 31.65 per cent market share as at 30 June 2009. HSBC has $338 billion in assets under custody for foreign ...

Market Wrap - Morning

AAP  |  THURSDAY, 8 OCT 2009
... widening to $US233 million ($A261.8 million) on lower revenue, led by a drop in sales of its Roundup herbicide. At settlement, the Dow Jones Industrial Average had fallen 5.67 points, or 0.06 per cent, to 9725.58. The technology-heavy Nasdaq composite ...

Aus custody back on uptrend, NCS still tops

ACSA RELEASE  |  MONDAY, 28 SEP 2009
... trend in the half-year previous when total assets under custody fell 9 per cent. But going the opposite way, total settlement transaction volumes fell by 17 per cent in the six months to June versus its marginal increase the half-year previous. Bryan ...

PIS in Westpoint compensation deal

ASIC RELEASE  |  TUESDAY, 15 SEP 2009
... compensation relating to financial advice given by PIS to clients to invest in the failed Westpoint Group of companies. The settlement of the proceeding is subject to the approval of the Court. ASIC commenced action against PIS in December 2007 alleging ...