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ASIC permanently bans property developer from financial services

ASIC found he contravened the law by running unregistered managed investment schemes and conducting a financial services business without an Australian financial services licence over an eight-year period, raising approximately $48 million from members of the public across 27 projects. The regulator concluded that Giumelli had not complied with financial services laws and that there were grounds to believe he was not adequately trained or competent, and was likely to breach those laws again. The banning order, which took effect on 6 May, prevents Giumelli from providing any financial services, performing...
Currencies

Bloxley Partners with Equals Money

AI-Driven Neobank Selects Equals Money As Strategic Partner To Power Multi-Currency Capabilities And Cross-Border Payment Solutions Infrastructure WILMINGTON, Del., April...
Currencies

Wall Street rallies and recovers Monday’s losses as the dollar and US bond market steady – Boston 25 News

NEW YORK — (AP) — U.S. stocks jumped in a widespread rally Tuesday, and other U.S. investments steadied a day after falling sharply on worries about President Donald Trump's trade war and his attacks on the head of the Federal Reserve.The S&P 500 climbed 2.5%. The Dow Jones Industrial Average rose 1,016 points, or 2.7%, and the Nasdaq composite gained 2.7%. All three indexes more than made up their big losses from the start of the week.The value of the U.S. dollar also stabilized after sliding against the euro and...
Currencies

Wall Street rallies and recovers Monday’s losses as the dollar and US bond market steady – WSB-TV Channel 2

NEW YORK — (AP) — U.S. stocks jumped in a widespread rally Tuesday, and other U.S. investments steadied a day after falling sharply on worries about President Donald Trump's trade war and his attacks on the head of the Federal Reserve.The S&P 500 climbed 2.5%. The Dow Jones Industrial Average rose 1,016 points, or 2.7%, and the Nasdaq composite gained 2.7%. All three indexes more than made up their big losses from the start of the week.The value of the U.S. dollar also stabilized after sliding against the euro and...
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