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| | | ... this by exiting "certain sectors"; namely thermal coal production. BlackRock will exit publicly-listed securities that generate more than 25% of their revenue from thermal coal production from its discretionary active investment portfolios, and by mid-2020 ... |
| | | | Global financial powerhouse JPMorgan Chase & Co has beat analyst expectations, seeing its most successful year on record. The investment bank raked in $52.8 billion (US$36.4 billion) in the fourth quarter in net income, up 12% from the previous year. ... |
| | | | ... already been dissipated, we have sought and obtained emergency relief." The sales pitch for how exactly the websites would generate income is unclear, however, there is still evidence on Courtright's site of claims that websites could generate ongoing ... |
| | | | The European real estate manager for LGIAsuper has sold-off two of its property assets in Paris and Copenhagen, raking in a nice $36.5 million for the Queensland-based super fund. Europa Capital sold its Semaphore investment, an office building west ... |
| | | | Global investment powerhouse Goldman Sachs has overnight announced new reporting structures for its financial results, in a move that will align the bank closer with its Wall Street peers. The changes come just a week short of the bank's fourth-quarter ... |
| | | | ... engaged in other manipulative conduct, including by disguising the true sellers of securities, to defraud investors and generate illicit profits for themselves," said Marc Berger, director of the SEC's New York Regional Office. "We will continue to pursue ... |
| | | | ... superannuation and insurance arrangements for Westpac products or those of entities associated with Westpac in order to generate greater fees and commissions. In reaching his decision, Justice Wigney said: "The relationship between Westpac and Mr Sinha ... |
| | | | First State Super and VicSuper have confirmed a merger will go ahead, naming the chief executive and chair for the combined $125 billion fund. First State Super and VicSuper have signed a merger deed with a merger effective 1 July 2020. The merged funds ... |
| | | | ... chief executive Richard Brandweiner said the fund will create positive change as well as returns. "This fund will seek to generate positive environmental and social outcomes alongside positive returns," he said. "We firmly believe that the creation of ... |
| | | | ... particular, the use of the fund's portfolio composition information by the responsible entity or its market making agent to generate an internal, non-public 'fair value' as the reference price for market making may raise market integrity ... |
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