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Showing 1 - 10 of 4486 results for "Banking"

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... the average of the last 30 years and around a third of the growth under out predecessors," Chalmers said. "And we are banking 99% of revenue upgrades this year - keeping pressure off inflation while it is still above band. With Treasury not expecting ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... maximum term to maturity of 10 years. Betashares said the Australian major banks are foundational pillars of the local banking system and are considered some of the best capitalised major financial institutions globally. "Generally, Tier 2 floating rate ...

AFCA and CSLR sign MoU

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... Its external dispute resolution service helps consumers and small businesses resolve complaints with financial firms in banking and finance, investments and advice, insurance, and superannuation.

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... banks insuring the first loss on a diversified pool of high-quality loans, providing regulatory capital relief to the banking institution to maintain their relevant Tier 1 capital ratios. It will also provide exposure to flexible credit solutions with ...

Blue Owl hires from Fidelity for APAC private wealth lead

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... Santer previously served as Fidelity International regional lead for wholesale, alongside his role as head of private banking, wealth and strategic clients. Santer was responsible for the wholesale strategy across Fidelity's largest client channel ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... international roles. He has previously served as the chair of APRA and the secretary general of the Basel Committee on Banking Supervision. In his role as APRA chair, he served on the Reserve Bank of Australia's payment systems board and was a member ...

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... conservative balance sheet; and a proven risk management framework and culture," she said. Annuity-style operations led by MAM, Banking and Financial Services (BFS), and select Commodities and Global Markets (CGM) segments reported a combined net profit ...

New framework for investors to navigate AI released

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... excited by is the second and third wave, where we see AI creating opportunities for a breadth of traditional sectors, like banking and mining, through improved efficiencies, expanded revenue streams, and boosted productivity. "Like any tech revolution ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Link Group shareholders have voted in favour of the proposed acquisition by MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank). MUFG made the $1.2 billion takeover bid in December last year. MUFG will pay $2.26 cash for every ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... dividends that might not be sustainable long term. "This is especially appropriate in cyclical industries like oil or banking. That flexibility explains why buybacks are more volatile than dividends. It also means there is no real evidence that buybacks ...
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