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Showing 1231 - 1240 of 9684 results for "Show"

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
The embattled bank was closed by US regulators and sold to JPMorgan Chase, which will assume all its deposits and most of its assets. Californian authorities, alongside the Federal Deposit Insurance Corporation (FDIC), closed the doors to First Republic ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
JPMorgan Chase, PNC Financial Services Group, and Citizens Financial Group are said to be among those to toss their name in the ring to take over the embattled First Republic Bank. US regulators are rushing to sell First Republic and prevent yet another ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... the amount of capital that would even remotely get them there," he said. Dry powder dissipates Numerous industry metrics show that global venture capital opportunities are waning. It was imminent that the impact would ripple across Australia's startup ...

Infrastructure an asset class for all seasons: IFM

CHLOE WALKER  |  FRIDAY, 28 APR 2023
The role of infrastructure in portfolios will continue to be a prominent theme for asset allocators this year, as will increased consideration of social factors, according to new report by IFM Investors. The report, titled Infrastructure Outlook 2023 ...

High returns flow from water rights

CHLOE WALKER  |  THURSDAY, 27 APR 2023
As La Niña dries up, local water entitlement deals are flowing in. The esoteric asset, held mainly by irrigators, is seldom known by the investing public, however after three consecutive years of heavy rainfall, many say there's never been a better ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
Australian investors are flocking to term deposits and away from equity funds, signalling a shift towards more conservative investment strategies. Plan for Life data revealed that Australian equities funds experienced a decline in net funds inflows ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... While inflation is still "unacceptably high" he welcomed that some price pressured have started to ease. "These new numbers show annual inflation peaked last December but it will still remain higher than we'd like for longer than we'd like," Chalmers ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
First Republic Bank's stock price has nosedived following disastrous Q1 2023 results, marked by enormous deposit outflows and decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest ...

SMSFs weather market storms: Report

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... calculate returns for the APRA fund sector," he said. University of Adelaide research professor Ralf Zurbruegg said the results show that overall financial performance of the SMSF sector remains robust, weathering the 2020 COVID-induced market storm ...

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
... in withdrawals and over the period made a total loss of $758,510. Records obtained by police from Ladbrokes and Sportsbet show that between June 2014 to March 2020, his total losses amounted to $4.42 million. Justice O'Brien rejected the defence's ...