The financial crimes watchdog has ordered external auditors to look into concerns the stockbroker may not be complying with anti-money laundering laws.
Investment house Bell Potter has attacked a new compliance test,claiming it is biased against stockbrokers and will push up costs for retail investors.
Minister for Financial Services Jane Hume has said the exam is designed to test competency,not expand skillsets.
Some of the nation’s most prominent stockbroking firms are railing against a mandatory test they said is misguided and discriminates against experienced professionals.
AMP’s share price is more than 158 per cent lower than when it was first listed on the ASX in 1999. Argo Investments has had enough.
Jorge of Burgos is still more terrifying than a virus.
Young Australian investors are ignoring warnings about excessive valuations to back high-flying US tech stocks such as Elon Musk's electric automaker Tesla.
Companies trading at valuation multiples as high as 100 times earnings,or 20 times sales revenue because there are no earnings,is unsustainable
Here are four standout companies that are enjoying strong earnings growth due to their expanding global businesses.