Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 87 results for "Settlement of"

Saved by BP and Goldman

BENJAMIN ONG  |  FRIDAY, 16 JUL 2010
... scripts rose by 4.4 per cent first on speculation that the Securities and Exchange Commission (SEC) would announce a settlement of its fraud case. The SEC did after the closing bell. In settling the fraud charges, Goldman agreed to pay US$550 million ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 JUL 2010
... markets as Wall Street traders examined the details of an overhaul of the US financial system and Goldman Sachs' settlement of fraud charges. At 0735 AEST on the Sydney Futures Exchange, the September share price index contract was eight points lower ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 JUL 2010
... its lowest point since November 27. The broader Topix gained 1.2 percent to 847.24. Market players said with the settlement of Nikkei options approaching on Friday, trade was likely to be volatile. HONG KONG - Hong Kong shares rose 1.22 per cent led ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUN 2010
... support lie of 9,400 points. It dipped as low as 9,378.23 on what some in the market said was selling linked to the settlement of Nikkei futures and options on Friday. The Nikkei managed to eke out a close above a key support line just under 9,400 after ...

Westpoint investors win $13.5m compensation

ASIC RELEASE  |  THURSDAY, 4 MAR 2010
... to resolve the litigation it commenced seeking compensation on behalf of Westpoint investors. This is the fourth settlement of ASIC's Westpoint compensation proceedings approved by the Federal Court following settlements with Masu Financial Management ...

ASIC presses on with Westpoint compensation

ASIC RELEASE  |  MONDAY, 30 NOV 2009
... settle actions against Melbourne-based Bongiorno Financial Advisors and Bongiorno Financial Advisors (Aust). The settlement of proceedings is subject to the approval of the court. The compensation related to financial advice which recommended clients ...

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 ...

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 ...

Market Wrap - Morning

AAP  |  FRIDAY, 24 JUL 2009
... Investments Ltd. Creditors of failed stocklending firm Opes Prime will meet to consider whether to accept a $253 million settlement of their claims from Opes Prime's bankers. On Thursday, the Australian share market closed flat after falling bank stocks ...

Nominations open for inaugural ACSA awards

COMPANY RELEASE  |  MONDAY, 1 DEC 2008
... and other institutional investors. Members provide traditional custody services such as safekeeping of assets and settlement of trades, as well as a range of portfolio administration services such as valuation, unit pricing, unit registry, regulatory ...