Insider-trading case sparks a debate on methods
Article Abstract:
The eight-week insider-trading trial of former Macquarie Corporate Finance employee Simon Hannes has led to a debate over where such cases should be tried and how best to protect the integrity of the securities industry. Alan Cameron, chairman of the Australian Securities and Investments Commission (ASIC), believes that relegating a case to anywhere but a criminal court would suggest insider trading is not a serious crime. Hannes' conviction by circumstantial evidence has also lead to debate about jury level of proof.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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St George tries to build a bit of investment muscle
Article Abstract:
St. George Bank Ltd. is planning to expand its investment division, Advance Asset Management (AAM), with the help of acquisitions, new products, and the management of Richard Cawsey, group executive, investment services. Cawsey plans to add more investment products and numerous index funds to boost AAM's $1.6 billion of funds, which is far below that of other retail investment funds.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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Why overseas credit appeals
Article Abstract:
The move by the Australian corporate borrowers into the overseas credit markets is the biggest investment banking trend. Jason Lee, JP Morgan's head of debt capital markets, estimates that Australian corporate borrowers raised 29 billion dollars in overseas credit markets in 2002.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2003
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