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Showing 1191 - 1200 of 17948 results for "Bank"

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
Despite the rapid progress of artificial intelligence (AI), existing obligations around good governance and the provision of financial services remain robust, according to ASIC chair Joe Longo. Addressing the crowd yesterday at the UTS Human Technology ...

GCI welcomes investment director

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
Robert Grajczyk will join the private credit funds specialist as investment director of its real estate capital solutions team. Global Credit Investments' (GCI) real estate offering, which launched in October, specialises in delivering credit solutions ...

Norway's oil fund returns 16% in 2023

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2024
... fund has reversed its fortunes, clocking a 16.1% return for 2023 following the -14% it recorded the previous year. Norges Bank Investment Management reported the Government Pension Fund Global raked in a return of $322 billion for the year, largely driven ...

JPMAM partners with NZ wealth firm

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... services more than 65,000 clients. In 2015, CIP acquired a 40% stake in Wilson HTM, which is now Wilson Advisory, while Deutsche Bank gained a 20% share. It marked CIP's first expansion in Australia. One year later, CIP and Wilson shareholders increased ...

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... in transforming the fund's lifecycle. "While many jurisdictions have started to launch pilots or experiences with central bank digital currencies (CBDC), their use has not reached the level of mainstream adoption," sleep said. "Besides CBDCs, other firms ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
Leaders in financial services and superannuation were among the many to grace the highly coveted Australia Day 2024 Honours List, recognised for services in their respected fields and to the community. Some 1042 Australians received top honours across ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... super funds in terms of putting customers at the centre of everything. She spent eight years with the Bendigo and Adelaide Bank which has long held the title of the most trusted bank in Australia and topped customer satisfaction surveys. With a profit-for-purpose ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... clients. Economists remain divided on which direction interest rates will take in 2024 or if they will move at all. Commonwealth Bank predicts the Reserve Bank of Australia (RBA) will drop the base rate by 0.75% from September in the hope inflation returns ...

ISPT fills newly created head of mandates role, announces departures

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
ISPT has appointed Doug Cain as head of mandates, a newly created position, commencing in March. Cain previously served as the head of unlisted property at the Future Fund, where he spearheaded the Australian sovereign wealth fund's global real estate ...