Search Results for: Vest Financial
ASIC charges former CEO of IT companies
April 15th, 2014
The Australian Securities and Investments Commissions (ASIC), has issued an announcement that Mr Peter Mavridis, of Bentleigh, Victoria, has appeared before the Melbourne Magistrates Court after an ASIC investigation led to him being charged with 24 charges of obtaining ...
SEC charges brokerage firm
April 15th, 2014
The US Securities and Exchange Commission has announced another round of charges in its ongoing case against several individuals involved in a massive kickback scheme to secure the bond trading business of a state-owned Venezuelan bank. The SEC alleges ...
FCA warns for an unauthorised firm
April 14th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “LSE Acquisitions” is not authorised by the FCA to provide financial services or products. Source: FCA
Stocks Drop With Ruble as Ukraine Tension Spurs Gold
April 14th, 2014
Global stocks dropped a third day, the ruble tumbled and oil and gold advanced as the U.S. and Russia traded barbs in the United Nations Security Council amid worsening violence in Ukraine. The euro dropped on prospects for more ...
FCA warning for a clone firm
April 14th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “AXA Investment Managers” (www.axa-im.co.uk) is the clone firm of the FCA authorised firm “AXA Investment Managers UK Ltd” (www.axa-im.co.uk, retail.axa-im.co.uk). Therefore, FCA ...
JPMorgan Chase Earns 19 Percent Less to Start the Year
April 14th, 2014
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...
Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks
April 14th, 2014
Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both lenders and builders confronting losses big enough to pose a ...
CySec: acquisition of licences
April 11th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following companies have successfully obtained the CySec licence as ASPs: MMG Trust (Cyprus) Ltd Pageserve Limited Forpost Corporate Services Ltd Therefore, they are ...
ASIC: Former Portfolio manager pleads guilty to misusing his position
April 11th, 2014
ASIC has released a warning informing that a former Vanguard Investments Australia Limited portfolio manager pleaded guilty in the Supreme Court of Victoria to making improper use of his position. Mark Hildebrandt was employed by Vanguard, which acts as ...
FASB Provides Guidance on Reporting Discontinued Operations
April 11th, 2014
The Financial Accounting Standards Board has issued new guidance on representing when a company or organization discontinues its operations. Accounting Standards Update No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued ...
