The corporate watchdog has torn up the licence of West Perth-based investment service Quattro Capital Group and barred director Grant Gibson over its ties to embattled investor Mayfair 101.
Perth-based financial advisory firm PMM Group and property entity My Two Boys will be wound up, almost one year after investors lobbed $2 million in claims against them.
One of Australia’s top corporate dealmakers, Jarden’s Aidan Allen, has splashed $4.2 million on a house in Perth but we’re told he is not moving west. It’s for holidays.
Liquidators for Forex Capital Trading released their investigation report, finding that the company’s former customers have incurred a loss of at least $77.5 million.
Euroz Hartleys has discontinued its lawsuit against four former employees it claimed had stolen confidential data before moving to competitor Canaccord Genuity.
Poynton Stavrianou has laid claim to being Perth’s largest fully-independent investment bank after appointing a new director and reporting growth in its operations.
Perth-based financial advisory firm PMM Group has mounted a $2.8 million legal claim against the company of Perth businessman Rodney Charles Carter over an alleged share sale gone wrong.
Privately-owned Perth tech company VGW Holdings has continued its spectacular growth, reporting a 63 per cent surge in revenue and a half-year profit of $308 million.
Cash Converters has booked stronger revenues for the half-year despite losing a quarter of its trading days to the pandemic, but a revaluation of its stores has hindered the Perth-founded franchise's bottom line.
Bankwest has told staff it plans a major shift in strategy, with its entire business banking operation to be shifted to parent company Commonwealth Bank.
Westpac is seeking to cut about 20 per cent of its head office jobs as an increasingly competitive operating environment prompts the bank to bring forward cost-saving efforts.
Euroz Hartleys Group has reported a $22.9 million net profit for the six months to December 2021, below the bumper result it achieved in the previous six months.
The corporate watchdog has barred Ananda Kathiravelu from providing financial services over a market manipulation scheme that almost landed him behind bars.
