Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 3409 results for %22Will Banks%22

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... global clients." Yieldbroker's board has unanimously recommended shareholders vote in favour of the acquisition. The vote will be held on May 22.

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... Chalmers appointed Ross and Rubin each for a five-year term to replace outgoing members Wendy Craik and Mark Barnaba. "They will help ensure the board is well equipped both to deliver monetary policy in an increasingly complex and uncertain environment ...

SMSF Association names head of membership

CHLOE WALKER  |  TUESDAY, 18 APR 2023
Neil Sparks will become the new head of membership and corporate development for the SMSF Association, effective May 1. Sparks currently serves as head of policy and technical services at BT, a tenure he has held for over 15 years. As a fellow of the ...

Global X launches new Australian equity ETF

CHLOE WALKER  |  THURSDAY, 13 APR 2023
... response to client demand. "Although OZXX was initiated by a client request, we surveyed the market and believe that OZXX will deliver value to our clients and fill a gap in many Australian investors' portfolios for greater exposure to relatively higher ...

SVB, Signature Bank securities up for sale

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... mortgage-backed securities. The FDIC called on interested parties looking to purchase the securities, saying that the process "will be gradual and orderly, and will aim to minimise the potential for any adverse impact on market functioning by taking ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... in the interim. In March, Alecta admitted it had incurred significant losses as a result of its investments in the three banks. The losses were in the realm of $2.8 billion. The fund said it has been working since to isolate the losses and understand ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... impacting household spending; consumption is withering below average. "Looking forward, we expect that consumption growth will remain subdued for some time," Lowe said. Cost of living pressure is squeezing household budgets across the country, with the ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... RBA may still consider a 0.25% cash rate hike, Mousina said. QIC chief economist Mathew Peter's view is that the RBA will pause. "We have growing evidence that inflation has peaked and is slowing, we have evidence that the anticipated slowdown in ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... use and management of foreign CBDCs in Australia to ASIC and the Reserve Bank of Australia (RBA). "The Digital Assets Bill will put Australia back into the race to regulate," Bragg said. "Australia can be a digital asset hub whilst protecting digital ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
... explained as the speed of crises accelerates, regulators have less time to respond and therefore noted a few areas which APRA will target. "It may be that we need to look more closely at concentration risk in deposits and adjust requirements where an ...