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Showing 1011 - 1020 of 4303 results for "Bank of"

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... and forward guidance for another three this year; policy exit speculations from the European Central Bank (ECB) and the Bank of Japan (BOJ); and, hawkish policy leanings from the Bank of England ("an ongoing tightening of monetary policy would be appropriate") ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
As expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February ...

Chief economist update: How would you vote if seated on the RBA board?

BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
What's the time Mr. Wolf? It's the first Tuesday of a new month - it's time for the Reserve Bank of Australia's (RBA) scheduled monthly board meeting. Financial markets expect the RBA to do nothing this month but expectations further ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
... soundness and stability remain at the core of APRA's objectives. But APRA's Prudential Inquiry into Commonwealth Bank of Australia (CBA) highlighted the importance of not just having a healthy balance sheet, but also strong governance, a sound ...

Freedom Insurance misses reporting deadline

KARREN VERGARA  |  FRIDAY, 1 MAR 2019
... its business model and stop selling life insurance products and is likely to face a liquidity crisis. In the same month, Bank of Queensland backed out of its agreement with Freedom to sell St Andrew's Insurance, a provider of general, life and credit ...

UniSuper makes two senior hires

KARREN VERGARA  |  WEDNESDAY, 27 FEB 2019
... research analyst at Australian Equities investment manager JCP Investment Partners. Prior to this, she held senior roles with Bank of America Merrill Lynch in Australia and Hong Kong. Chief investment officer John Pearce said Heard will strengthen UniSuper's ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... depreciate some more to become more competitive. Not only this, the Japanese currency needs to depreciate by more to aid in the Bank of Japan's (BOJ) efforts at bringing inflation up to its 2% target. It's not surprising therefore that, when ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... inflation is expected to rise to around the mid-point of our target range at 2%." These were the rationales behind the Reserve Bank of New Zealand's (RBNZ) decision - as explained by Governor Adrian Orr - to keep the official cash rate unchanged ...

Former Westpac GM joins APRA review

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... non-executive director of Wesfarmers. Joining Smith-Gander on the review panel will be former deputy governor of the Reserve Bank of New Zealand, Grant Spencer. Spencer formerly held senior roles at the International Monetary Fund and was also previously ...