The SEC said that the bankβs violations included misleading disclosures to investors, not acting or making recommendations in the best interest of shareholders and prohibiting joint transactions and principal trades.
Australiaβs biggest investment bank and asset manager said the performance was underpinned by improved realizations in Macquarie Asset Management, as well as further progress in the digitalization program in banking and financial services.
Over the past 50 years or so, active fundsβ returns have converged toward those of their underlying indexes, research finds. Small-cap funds are the exception.
Oil prices edged higher in Europe, supported by positive signs on U.S. fuel demand and improvements in top crude importer China.and a Reuters report that said OPEC+ might delay its planned output hike.
U.S. stocks fell, with the Nasdaq leading the way down as investors were displeased with earnings of some big-tech companies. The S&P 500 posted its first monthly loss in five months.
U.S. natural gas futures settled lower with market attention on tomorrowβs storage numbers that are expected to show the surplus rising for a second consecutive week.