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Showing 101 - 110 of 691 results for "HSBC"

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
... 2022, NAB confirmed it would close its asset servicing business, citing continued mandate losses. The largest drop came from HSBC, which ranked seventh in Australia for its assets under custody. In the six months to December 2022, HSBC's total assets ...

Link scores admin, technology mandate

KARREN VERGARA  |  WEDNESDAY, 8 FEB 2023
... awarded an administration and digital solutions mandate to Link Group as the latter expands its footprint in the region. HSBC appointed Link's Retirement & Superannuation Solutions (RSS) business to oversee the bank's Occupational Retirement Scheme Ordinance ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... (RBA) is widely tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence that its peaked. As such, HSBC ...

Super funds must unlock diversification opportunities: HSBC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
The recent partnership between the Australian Institute of Superannuation Trustees (AIST) and HSBC will help superannuation funds diversify globally, says the latter's head of markets and securities services Nick Wheeler. In an interview with Financial ...

HSBC eyes bigger slice of super pie

CHLOE WALKER  |  MONDAY, 23 JAN 2023
HSBC Australia has partnered with the Australian Institute of Superannuation Trustees (AIST) as it looks to expand its services in the Australian superannuation sector. The new partnership will see HSBC and AIST collaborate to help inform the latter's ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... band by the end of 2024. This is why the RBA has signalled further increases in the cash rate are still coming," he said. HSBC chief economist Paul Bloxham commented: "Just like the move itself, the [RBA] statement was fairly short, benign and introduced ...

Australian Ethical appoints chief executive, superannuation

ELIZABETH FRY  |  MONDAY, 5 DEC 2022
... head, Tsang will be responsible for developing sustainable technology across the business. He joins Australian Ethical from HSBC Australia, where he was head of IT for retail banking and wealth. Australian Ethical managing director John McMurdo commented ...

JANA names new principal consultants

ELIZABETH FRY  |  FRIDAY, 18 NOV 2022
... frameworks. Earlier, she held several operational control and management assurance roles, including with the Royal Bank of Canada, HSBC, and Tabcorp. JANA said it is fully committed to the development and professional progression of its people. "The ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
... Australia, having itself acquired Commonwealth Bank's custody business in 2003. Westpac offloaded its custody business to HSBC in 2006, while ANZ exited the space when it sold its custody arm to J.P. Morga n in 2009. NAB Asset Servicing was long ...

Advisory group appoints head of investment strategy

JAMIE WILLIAMSON  |  MONDAY, 24 OCT 2022
... where he was involved in running portfolios and selecting managers. Other previous roles include as a portfolio manager for HSBC and Citigroup Global Asset Management, and group leader, short dated bonds at Fidelity in London. Wait has been on the investment ...