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Showing 51 - 60 of 16880 results for "Bank"

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... yields and tightening credit spreads. "However, this benign investment environment was upended in 2022 as the US Fed, Reserve Bank of Australia and other central banks around the world embarked on a rapid rate hiking cycle to curb high inflation. This ...

Why BlackRock is taking a risk-on view

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... "cheery risk sentiment". As such, it has tweaked its tactical views and is staying firmly on the pro-risk side. "Central bank activity last week gave markets the thumbs up to stay upbeat. That keeps us pro-risk in our six- to 12-month tactical views ...

ANZ to pay $57.5m to settle class action

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... members," Phi Finney McDonald principal lawyer Brett Spiegel said, according to AAP. This is just the latest class action the bank decided to settle. In November 2023 ANZ agreed to settle a class action brought against it by Slater & Gordon in 2020. ...

Northern Trust appoints head of international enterprise client solutions

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... and Asia Pacific, at the highest levels of their organisations. He'll seek to create synergies and facilitate access to the bank's asset servicing and asset management solutions, Northern Trust said. Paulin has 25 years of experience in senior level ...

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... securitisation. Warehouse financing duration is less than one year. Bourke said barriers to entry are high, and established non-bank lenders who make up the most attractive part of the warehouse origination space typically favour a smaller number of ...

Former Schroders chief joins private markets firm

ELIZABETH FRY  |  FRIDAY, 22 MAR 2024
... Hallinan served as chief executive of Nikko AM Australia. He also held several senior leadership positions at National Australia Bank and MLC Asset Management. Spire Capital partner Dale Holmes noted that Hallinan has been at the forefront of the evolution ...

ART adds heavyweights to board

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
Australian Retirement Trust has welcomed a former Treasury official and former APRA deputy chair to its board. Martin Parkinson and Helen Rowell will sign up as non executive directors of Australia's second-largest asset owner early next month. ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... have hoped for a more market friendly Fed decision," Shah said. Whether a rate cut in the US would be cause for the Reserve Bank of Australia (RBA) to follow suit has economists split. In the latest Finder Cash Rate Survey, when asked if rates cuts from ...

Listed companies drive economy's momentum: ABDO

KARREN VERGARA  |  THURSDAY, 21 MAR 2024
Australian companies continue to defy odds and beat analysts' expectations to help keep the economy on its resilience streak. Perennial Partners lead portfolio manager Stephen Bruce, who presented at the Advisers Big Day Out (ABDO) Capital Cities in ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... of all class actions filed between 2019 and 2021. Interestingly, in 2023 there were no class actions filed against a major bank. Instead, they covered superannuation, conduct in selling complex financial products, shareholder class actions, and data ...