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Showing 881 - 890 of 7579 results for "Deal"

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... services business. A website promoting Kaur and MKS Property says the business was established in 2006 and states: "When you deal with MKS, you are dealing with a long-term business partner, not a run-of-the-mill service provider. Our word is our bond ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... "substantially lessen competition" in areas like home loans, deposits, and agribusiness markets. The bank contested that the deal was unlikely to yield public benefits that could outweigh the potential drawbacks. "Our response outlines why we continue ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
The BNP Paribas Securities Services division has appointed new co-heads of the Financial Intermediaries and Corporates (FI&C) Client Line in the Asia Pacific. BNP Paribas has promoted Hugues Williamson and Mark Wootton as co-heads of the FI&C client ...

Director charged over illegal investment scheme

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
A former financial adviser is facing several charges of dishonest conduct and dealing in proceeds of crime after he convinced clients to open SMSFs to invest in businesses he owned, all while operating unlicensed. Ashley Vincent Arandez fronted the ...

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... brands, including AMP SMSF Solutions, Ascend, Cavendish, Justsuper, Multiport, SuperIQ, SuperMate and yourSMSF. Under the deal, about 500 employees will transition out of AMP. This will include current chief executive Grant Christensen. He is to be replaced ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
The Securities and Exchange Commission (SEC) filed a suit against Coinbase for, among other things, allowing users to trade unregistered securities. It follows Binance being sued just yesterday. The SEC has accused Coinbase of breaking market rules ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
Inflation is a looming threat to retirement incomes, so it's no surprise financial advisers are rotating toward more dynamic strategies. According to a report penned by Challenger and Ensombl, inflation is fast becoming the number one threat to ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
The Securities and Exchange Commission is suing the world's largest crypto exchange and its chief executive Changpeng Zhao for allegedly lying to regulators and mishandling billions of investor dollars. Binance Holdings, BAM Trading Services, BAM Management ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
Mitrade Global has been hit with the first stop order to be issued under the design and distribution obligations' (DDO) failure to take reasonable steps provision, with the order relating to its distribution of contracts for difference (CFD). The stop ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... United Kingdom which came into effect on May 31. Some 99% of Australian products will enter the UK duty free thanks to the deal that was signed on 17 December 2021. It further builds on an existing two-way trade and investment relationship, spurred by ...