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06 November 2018 • By James Mitchell • 1 min read

Hayne woes wipe $2bn off big bank profits

A challenging regulatory environment, slower revenue growth and increasing costs associated with the royal commission have seen the total cash profit ...

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Investec launches emerging companies fund

The global investment bank has launched a new fund to give investors dedicated access to the burgeoning emerging companies sector. Investec ...

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AFA applies to become Code Monitoring Body

The Association of Financial Advisers has submitted an expression of interest to ASIC to become a code monitoring body for the industry

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AFSL holder slapped with $9m fine

A Melbourne-based financial services business has been ordered by the court to pay close to $9 million in penalties and has been permanently banned ...

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AMP Capital acquires additional infrastructure stake

AMP Capital has agreed to acquire an additional stake in a major infrastructure program on behalf of its infrastructure fund investors. The ...

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Macquarie Group to report another full-year profit amid acquisition speculation

The Macquarie Group has announced it is on track to report another full-year profit in its final year under the helm of Nicholas Moore. In its ...

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Volatility sees ETF investors bolster their positions: Vanguard

The Australian ETF market attracted $1.8 billion in new cash flows in the third quarter of 2018, the highest quarterly cash flows for the year to ...

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Asset manager’s assets frozen in ASIC sting

ASIC has obtained orders against a Queensland-based fund manager alleging it operated without a business licence and operated an unregistered ...

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A strong economy cannot be taken for granted: PM

Prime Minister Scott Morrison told the Asia Society Australia briefing that Australians could not afford to take a strong economy for granted

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NAB revenue down 14% on FY17

The big four bank’s cash earnings have taken a significant hit due to restructuring-related costs and customer-related remediation announced earlier ...

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