Search Results for: Vest Financial
BofA Merrill Lynch: Survey finds global investors positioning aggressively for recovery in H2 2014
July 16th, 2014
A net 61 per cent of global asset allocators are now overweight equities. This ranks as the survey’s highest reading on this measure since early 2011 and represents the panel’s second-strongest response ever. This aggressive positioning for recovery in ...
CBI: Warning on Unauthorised Investment Firm
July 14th, 2014
The Central Bank of Ireland has published the name of an unauthorised investment firm, Clarion Equity Management (Japan). Clarion Equity Management (Japan) is not authorised as an investment firm by the Central Bank of Ireland. A list of unauthorised ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
July 11th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “AMFF Ltd” has successfully obtained the CySec license for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the supervision ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
July 9th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “GBE Safepay Transactions Ltd” has successfully obtained the CySec license for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under ...
Macquarie drawn into Commonwealth Bank financial planning row; ASIC undertaking
July 8th, 2014
Macquarie Group’s private wealth unit has been accused of not co-operating with the Senate committee that delved into unethical financial planning practices at the Commonwealth Bank of Australia. Inquiry chairman Labor senator Mark Bishop said Macquarie had similar “systematic ...
Top investor Neil Woodford buys into AstraZeneca
July 7th, 2014
Britain’s highest-profile fund manager, Neil Woodford, has begun building a stake in AstraZeneca in a move that could scupper rival Pfizer’s chances of buying the pharmaceutical giant later this year. AstraZeneca rejected a £69bn bid from the maker of ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
July 7th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “Moneychoice Brokers Ltd” has successfully obtained the CySec license for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the ...
Can investors win in a new era of accounting?
July 4th, 2014
Big changes over global accounting standards go into effect in 2017, and they could greatly influence how profitable companies are perceived. Like an operating system runs a computer, revenue makes a company go; nothing happens until somebody sells something. ...
Consequences for failing to comply with financial statement filing obligations
July 3rd, 2014
The Financial Markets Authority (FMA) has filed charges against the directors of eight companies that raise funds from the public, for breaches of the Financial Reporting Act (FRA). “Filing financial statements on time is a basic requirement for companies ...
JPMorgan Investors Show Support for Dimon in Cancer Fight
July 2nd, 2014
Jamie Dimon, whose eight years atop JPMorgan Chase & Co. (JPM) have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for throat cancer, raising new questions about succession plans at the biggest U.S. bank. ...