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Showing 1121 - 1130 of 7866 results for "Board"

NZ Super Fund chief executive resigns

CHLOE WALKER  |  WEDNESDAY, 3 MAY 2023
... commitment to sustainable investment. He will be sorely missed." For the rest of his tenure, Whineray will work alongside the board to lead several programs which aim to set the Guardians up for a new phase in its evolution. The board will begin the ...

Reserve Bank raises cash rate to 3.85%

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
The Reserve Bank of Australia (RBA) has opted to increase the cash rate target to 3.85%. Meeting today, the RBA board chose to go with a 25 basis point increase, and also increased the rate paid on Exchange Settlement balances by 25 basis points to ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... Economics lead economist Angela Jackson said: "The latest inflation figures will provide enough justification for the RBA board to move again on rates, with services inflation in particular likely to weigh heavily on their decision." The RBA will make ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... regulation error and its own oversight. "SVB's senior leadership failed to manage basic interest rate and liquidity risk. Its board of directors failed to oversee senior leadership and hold them accountable," it said. The report showed that SVB was ...

ClearView appoints chief executive

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... June, at which time Gooderick, currently the firm's group executive, technology and development, will take over. The board thanked Swanson for his contribution and dedication to ClearView and the broader industry. "As the group's inaugural managing ...

Wendy Norris quits Future Fund

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... Zealand forest estates and timber manufacturing businesses in South Australia and New Zealand. She has also served on the board of OneFortyOne. At the Future Fund, Norris has been responsible for over $60 billion of direct investments that include forest/timberlands ...

HESTA adds Dahn to board

KARREN VERGARA  |  FRIDAY, 28 APR 2023
HESTA has appointed Pitcher Partners' Sue Dahn, an FS Power50 financial adviser, to its board and investment committee. From July 1, Dahn will join the super fund with $70 billion in assets under management. Dahn founded the investment advisory practice ...

Future Fund trumps market averages

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... delivered a positive 1.1% return over the 12 months ending March 2023, surpassing the ASX (0.1%) and S&P500 (-7.7%). Future Fund Board of Guardians chair Peter Costello explained that as central banks, including the Federal Reserve and the Reserve Bank ...

Lumiant acquires longevity app

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... financial services sector in 2018. She will now become Lumiant's chief evangelist officer and will have a seat on the board. The app is currently available to US-based customers and will soon be rolled out in Australia and New Zealand. Holmes said ...

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... grow Tradeweb's Asia Pacific footprint and provide meaningful opportunities for domestic and global clients." Yieldbroker's board has unanimously recommended shareholders vote in favour of the acquisition. The vote will be held on May 22.