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Showing 1291 - 1300 of 17948 results for "Bank"

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... Aluminium is reported to have purchases from a Xinjiang firm involved in controversial labour programs, while China Merchants Bank has been accused by the US Justice Department of facilitating transactions for a company laundering money for North Kor ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... significantly to offer a larger variety of credible solutions to service private assets," Dubois said. "Today, we are the number one bank in Europe within these assets, and we are increasing our capacity in Australia. "So, we are using the same global ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... in hardship arrangements. The number of customer calls in total, however, increased to over 210,00 during the period. The bank is currently in trouble with ASIC for allegedly neglecting more than 200 customer hardship requests over a seven-year period. ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... blowouts in the program." Elsewhere, ahead of tomorrow's Melbourne Cup rate decision, Chalmers said that the Reserve Bank of Australia (RBA) will independently make a choice off the back of data it's reviewed. "Whatever their decision on Tuesday ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
Former APRA chair Wayne Byres will join the board of Macquarie Bank as the latter releases half-year results that are "substantially down" compared to this time last year. Byres is set to join as a non-executive director on 1 February 2024. Byres left ...

Regal Partners nabs Charlie Aitken

ELIZABETH FRY  |  FRIDAY, 3 NOV 2023
... at Zurich Financial Services, a senior business development manager at Perpetual and a financial planner at Commonwealth Bank. Separately, Regal Partners this week said it would acquire 50% of Taurus Funds Management for an upfront cash payment of $28 ...

Hollywood strike plays havoc with film fund

CASSANDRA BALDINI  |  FRIDAY, 3 NOV 2023
... the local film and television industry. The AEP Screen Fund set out to secure up to $100 million in equity, combined with a bank facility of up to $500 million, targeting institutional investors, such as governments, family offices, and high-net-worths. ...

Perpetual loses key executive to First Sentier

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... Pacific distribution and chief operating officer for the Singapore business. She previously held senior roles with Deutsche Bank and Credit Suisse. Replacing her is Craig Squires, currently Perpetual's deputy chief operating officer. He initially ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... moving into the retail client space. While a UBS spokesperson confirmed that it is not going back to retail advice, the global bank, however, has flagged that it will re-enter the wealth management sector after it exited in 2015. UBS Asset Management ...