Search Results for: Vest Financial
Regulators suggest firms take deep dive into audit quality
April 11th, 2014
While acknowledging that auditors are under unprecedented scrutiny, an international association of audit regulators is asking audit firms to analyze causes of problems in audits globally in hopes of finding remedies. Lewis Ferguson, chair of the International Forum of ...
Wealth Within Ltd pays $20,400 in penalties over misleading advertising
April 11th, 2014
ASIC has issued a press released informing that Wealth Within Limited has paid $20,400 in penalties after ASIC issued two infringement notices for misleading online advertisements. The advertisements related to the investment returns of Wealth Within’s individually managed account ...
FCA warning for unauthorised firm
April 11th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “Stover Limited” is not permitted to provide any financial services or products. Furthermore, FCA points out that “Stover Limited” is neither regulated nor ...
ASIC obtains orders cancelling 15 million shares held in Northwest Resources Limited
April 11th, 2014
Following an application by ASIC, the Federal Court of Australia has ordered the cancellation of 15 million shares in ASX-listed Northwest Resources Limited (Northwest) that were held in the name of Craigside Company Limited (Craigside), a company incorporated in ...
Code red: Stocks tank on Wall Street
April 11th, 2014
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...
Cyprus: A Mediterranean island slowly rebuilding after crisis
April 11th, 2014
Cyprus, the tiny Mediterranean island bailed out a year ago, remains “in difficulty…but not as bad as one would have expected,” its finance minister Harris Georgiades told CNN during an interview in the capital city Nicosia. The country, which ...
Deutsche Bank Said to Find Improper Communication in FX Case
April 10th, 2014
Deutsche Bank AG (DBK) put a London-based currency saleswoman on leave last month for inappropriate communication with the Monetary Authority of Singapore, a person familiar with the matter said. No other details on Kai Lew’s communications with MAS were ...
FCA warning for unauthorised firm
April 10th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “Edward Evans Group” is not permitted to provide financial services or products. Furthermore, FCA points out that “Edward Evans Group” is neither ...
Record Europe Dividends Keep $3 Trillion From Factories
April 10th, 2014
Given the choice between investing in their businesses or paying off shareholders, European chief executive officers are choosing the latter. Companies of the benchmark Stoxx Europe 600 Index will pay 11.54 euros a share in dividends this year, the ...
China Unveils Plan to Link Shanghai and Hong Kong Bourses
April 10th, 2014
China plans to connect the stock exchanges of Hong Kong and Shanghai, allowing a combined 23.5 billion yuan ($3.8 billion) of daily cross-border trading. Investors will be able to trade 10.5 billion yuan of Hong Kong-listed stocks through the ...
