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Showing 711 - 720 of 3172 results for "Times"

Chief economist update: Victoria's victory

BENJAMIN ONG  |  TUESDAY, 27 OCT 2020
... Services (DHHS) showed that daily new cases in Victoria jumped from zero on the 8th of June to 687 on August 4 - almost seven times higher than the March peak of 106 new cases. The restrictions worked and brought daily new cases down to zero. Freedom! ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... board of financial institutions that have paid the highest penalties after it breached anti-money laundering laws 23 million times. Westpac agreed to pay a civil penalty of $1.3 billion, which equates to just $56.52 per breach. Additionally, as part ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... repay the amounts that have been paid to me in relocation services due to my relocation from the US," Shipton said. "At all times during consideration of this matter I have been mindful of the need to avoid any conflict of interest... deputy chair Crennan ...

AMP Capital bets on AI

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... system will also consider the building occupancy when producing predictions, which he said was crucial given the current times. AMP Capital head of sustainability and platform operations Chris Nunn, said: "This market-leading technology is another step ...

IOOF fund operations lead departs

JAMIE WILLIAMSON  |  THURSDAY, 22 OCT 2020
... Sorraghan said he has taken a new role with Milestone Group. This is just the latest in a series of changes at IOOF in recent times. First reported by Financial Standard on September 2, the group confirmed it would be restructuring and consolidating ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... experience, these agencies add duplication and cost to the system while rarely communicating with one another and have at times offered conflicting viewpoints and differing interpretations of important professional standards such as the Best Interest ...

Societe Generale fined over client breaches

ANNABELLE DICKSON  |  WEDNESDAY, 21 OCT 2020
... foreign bank. The first count took place between December 2014 and February 2017 when the bank withdrew client money over 4500 times from Australian clients and deposited the money into client accounts held by its Hong Kong operations. The second count ...

Cash no longer king

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... capture any increased returns," he said. In addition, $671 million flowed into Australian fixed income ETFs, nearly three times the amount in the June quarter. The Australian ETF industry had nearly $5 billion in new inflows in the quarter, bringing ...

American manager eyes local market

KANIKA SOOD  |  MONDAY, 19 OCT 2020
... adaptive strategies that engage during equity market sell-offs and seek to deliver strong positive returns in more normal times," Hall said. Brookvine offers fund managers services including fundraising, investor relations, fund administration, advisory ...

Risk but no reward in institutional equities portfolios

KANIKA SOOD  |  MONDAY, 19 OCT 2020
... returns at active fees. "Perhaps the most startling discovery to us was the fact that, on average, portfolios had nearly two times the amount of uncompensated risk versus compensated risk," Northern Trust Asset Management head of quantitative strategies ...