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Showing 21 - 30 of 74 results for "BOC"

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... in a blog post central bank will not tolerate any risks to smooth transmission of its policy and stands ready to do more. BOC cut 50bps to 0.75% following similar cut March 4; announced purchase facility for Bankers Acceptance notes. RBA injected an ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... ahead of its scheduled 17-18 March FOMC meeting, where it's expected to cut interest rates again. The Bank of Canada (BOC) cuts its benchmark interest rates by 50 basis points to 1.25%. The Bank of England (BOE) also slashed interest rates by 50 ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
Commonwealth Bank has completed the divestment of its life insurance business to AIA Australia, which includes a 25-year joint co-operation agreement. After more than two years of negotiations, CBA said it has received an upfront payment of $500 million ...

NAB fixed income sales director moves to BOC

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... this, he was a director of fixed income sales with FIIG Group. His new appointment is in response to growth in originations, BOC deputy general manager Xuan Ding said. "We want to build out our distribution capacities. Mark will be mandated to grow our ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
The Commonwealth Bank will sell its life insurance business for $150 million less than originally agreed as the sale experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing ...

New climate risk government bond index launches

HARRISON WORLEY  |  TUESDAY, 9 JUL 2019
A new climate risk government bond index has launched, allowing investors to incorporate climate change risk considerations into portfolios for the first time. Global index provider FTSE Russell launched the FTSE Climate Risk-Adjusted World Government ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... forward guidance that "an ongoing tightening of monetary policy over the forecast period... would be appropriate" etcetera. The BOC has also changed its tune to "continues to warrant a policy interest rate that is below its neutral range"; and the RBA? ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... forward guidance that "an ongoing tightening of monetary policy over the forecast period... would be appropriate" etcetera. The BOC has also changed its tune to "continues to warrant a policy interest rate that is below its neutral range"; and the RBA? ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... Trump's not so subtle remarks. Our problem, Houston, is what happens in America does not stay there. The Bank of Canada (BOC) can thank its lucky stars there's no Trump to "guide" its policy decisions and more importantly, its next-door neighbour's ...

VanEck adds two to Australian team

KANIKA SOOD  |  THURSDAY, 19 JUL 2018
... State Street where she was a fund operations analyst. Prior to this, she worked at RBC Investor and Treasury Services and BOC International. In her new role, she will be responsible for supporting funds operations and management of VanEck's investment ...