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Showing 1611 - 1620 of 17952 results for "Bank"

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
... the individual arrangements previously in place for each asset. The facility was provided by a consortium comprising ANZ, Bank of China, Commonwealth Bank, Industrial and Commercial Bank of China, ING Bank, Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking ...

It's not 2008, but there's likely more pain ahead: Iggo

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... might not get "that bad" and the recent decline in bond market yields will have helped reduce marked-to-market losses in bank bond portfolios. "Deposit growth is negative, and this will continue as credit tightens, creating the risk that more regional ...

Bank of Queensland names Frazis replacement

CHLOE WALKER  |  MONDAY, 27 MAR 2023
Current chairman Patrick Allaway has been named as Bank of Queensland's (BOQ) new managing director and chief executive for the period up to December 2024. The temporary appointment comes after former chief executive George Frazis departed suddenly ...

Ignition chief executive resigns

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... was executive director, head of distribution and sales, equities and retail markets at Westpac, and worked at Commonwealth Bank and HSBC. Keary said during his time as chief executive he "helped build a strong digital advice brand and prospect pipeline ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... central banks will stop raising rates and then predict the implications for equity markets," he says. He reckons the US central bank is fixated on reading inflation and job numbers and, within its mandate, it will do its best. "So, we need to be honest ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... hikes, however recent instability has economists recalibrating their view. The coin is being tossed ahead of the Reserve Bank of Australia's (RBA) meeting next month, with suggestions that an eleventh consecutive rate rise is not completely off the ...

Global alternatives manager lands down under

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
A US$74 billion alternatives asset manager has opened a local office and hired a head of Australia and New Zealand from HSBC. GCM Grosvenor has established an office in Sydney and appointed Andy Lukas to lead the firm's push into the region. The ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... directions power, civil penalties, and enforceable undertakings. In addition to ASIC's increased authority, the Reserve Bank of Australia (RBA) will be granted powers to set rules for the conduct of clearing and settlement service facilities. Meanwhile ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
Amid banking turmoil, the US Federal Reserve announced a rate hike to combat inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such ...

The sophistication of cyber threats is increasing: O'Neil

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
... sophistication of cyber threats that face our country is increasing." Last year, O'Neil said, the National Australia Bank said it is subjected to 50 million cyber attacks a month, and the ATO reported soon after that it's subjected to three million ...