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Showing 1 - 10 of 180 results for "Contagion"

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... both holding Kraken accountable for its misconduct and sending a message to others to come into compliance." The crypto contagion continued with Binance and its chief executive Changpeng Zhao pleading guilty to federal charges relating to violations ...

How will the Israel-Hamas conflict impact Australia?

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
... amount of negativity in terms of the global economy." Dhar reinforced that the focus remains on oil prices, and the contagion hasn't spread widely - yet. "I'd say that reaction for now means that the market is comfortable with the kind of geopolitical ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... recapitalisation of a bank in resolution. "APRA would be concerned that imposing losses on these investors would bring complexity, contagion risk and undermine confidence in the system in a crisis," it stated. Overseas banking runs have pushed the regulator ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... managers are not equal. "I'm worried about the potential for some of our competitors to stumble, and for that to have a contagion risk on our business," she said. "Investors need to understand the differences in funds, and the people behind them. ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... each other. "In the midst of this review, we once again learned the importance of resilience when a sudden bank run and contagion caused three large banks to fail and we experienced significant stress in the banking system, stemmed only by invocation ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... core issues were not resolved, and stronger oversight was not put in place. As it works hard to stop the US bank run contagion, it explained a focus going forward will be tougher regulation. "Our first area of focus will be to improve the speed, force ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... tech companies like Meta, Amazon, and Microsoft continuing to slash their workforce in droves, and the uncertainty and contagion risk sparked by the collapse of Silicon Valley Bank, S&P Global warns fintechs not to expect the amount of capital that flooded ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... fast rise in policy rates are becoming apparent, as banking sector vulnerabilities have come into focus and fears of contagion have risen across the broader financial sector, including nonbank financial institutions." Global growth is forecast to decline ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... continue to disappoint to the downside in coming months and further rate rises won't be justified. Further financial contagion from the banking sector issues also can't be ruled out which would also justify keeping interest rates steady." HSBC chief ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
... As the Fed works with other regulators to repair the damage caused by the recent banking sector turmoil and prevent contagion, they may lose some of their appetite for further tightening, Kelly said. The result could be a slow-growth, low-inflation ...
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