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JP Morgan responds after investor involved in ‘sophisticated scam’

25 June 2021 • By Neil Griffiths • 1 min read

JP Morgan responds after investor involved in ‘sophisticated scam’

JP Morgan has responded after an investor was duped out of $200,000 in an elaborate scam. Tony Papagiannopoulos believed he was investing with the ...

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‘Real need’ for listed clean energy companies in Aus: Turnbull

Malcolm Turnbull believes Australia is in “real need” of listed clean energy companies for ESG funds to invest. Speaking at VanEck’s Visionaries ...

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Treasury shares details on bring-forward rules

The Treasury has confirmed how the new bring-forward rules will apply for people aged 65 and 66 on or after 1 July 2020. Last week, the ...

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Bill to deliver regular reviews of ASIC and APRA passes

The government’s Financial Regulator Assessment Authority bill has passed in Parliament this week. Under the legislation, new independent body, the ...

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AMP appoints ‘respected business leader’ to board

AMP has announced a new addition to its board. On Friday, the company confirmed that Michael Hirst will join the board as an independent ...

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Aussie super fund step closer to 2030 carbon-neutral target

NGS Super says its investment in the Australian Unity Green Bond Fund is one step closer to the fund’s ambitious target of creating a carbon-neutral ...

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License conditions imposed on Societe Generale Aus removed

Additional license conditions placed on the local division of French banking giant, Societe Generale Securities Australia (SGSAPL), have been removed

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Mayfair founder’s new offer ‘compliant with court orders’

Mayfair founder James Mawhinney has said a new venture he’s offering to investors is within the bounds of the law despite being hit with a 20-year ban ...

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Westpac to retain ownership of New Zealand division

Westpac Group has confirmed it is retaining 100 per cent ownership of its New Zealand division and will not proceed with a demerger of its business

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Does more risk mean higher rewards for managed funds?

New data conducted by Australian Fund Monitors (AFM) has analysed whether more risk equals greater rewards in regard to managed funds. The ...

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