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Showing 1511 - 1520 of 8107 results for "Total"

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... injury or disability". The percentage of women between 55 and 59 that cite the same reasons is almost half at 23.7%, but the total number of female retirees in each age group is broadly similar, AIST said. AIST said a difference of 21.2% between otherwise ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... shareholders of Credit Suisse will receive one share in UBS for 22.48 shares in Credit Suisse as merger consideration, to a total of $4.8 billion (CHF 3 billion). UBS said it will benefit from 25 billion Swiss francs of downside protection from the transaction ...

NZ advisers begin new licensing regime

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... includes licences issued to sole operators, as well as small firms and large entities employing multiple advisers. "The total number of advisers covered by those full licences will be known in June, once their details have been linked to each licence-holders' ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... amount could be $80,000 worse off at retirement. One in six working aged people raided their retirement savings, leading to a total of $38 billion in withdrawn funds. According to a study by Australian National University and George Washington University ...

Fixed interest ETP issuers hit the gas

CHLOE WALKER  |  THURSDAY, 16 MAR 2023
... December 2022 the fixed interest (FI) sector grew by 16% to $16 billion on net flows of $3.4 billion. Their share of the total market increased from 10% to 12%, in comparison with the overall market which lost 3% of funds under management (FUM) over ...

Rising interest rates tank life insurer performance

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
... comprising realised and unrealised losses on interest bearing investments, driven by rapidly rising bond yields throughout 2022. "Total revenue fell to $9.6 billion (a 50.7% decrease from the prior year), reflecting the impact of rising bond yields throughout ...

CareSuper changes TPD definition, extends cover

ANDREW MCKEAN  |  TUESDAY, 14 MAR 2023
CareSuper is making a raft of changes to its insurance offering, including a change to the definition of total and permanent disablement (TPD), impacting members who file a claim. CareSuper said its insurer MetLife has made the definition change. Under ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
HSBC has leapt to the rescue and purchased the embattled Silicon Valley Bank's (SVB) UK arm for a total sum of £1. The banking giant yesterday announced its UK ring-fenced subsidiary, HSBC UK Bank, would make the purchase, which excluded the assets ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... for non-bank lenders since the Global Financial Crisis. "In July 2008, it tracked as high as 13% and 34%, respectively, of total current balances. Now it just represents 2% and 11%, respectively, as of November 2022, a level considerably lower than the ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... which the FDIC will operate while it markets the bank to potential buyers. Listed on the NASDAQ in 2004, Signature Bank had total assets of about US$110 billion and was said to be used by several cryptocurrency companies. Just three days ago, Signature ...