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Showing 151 - 160 of 699 results for "Disruption"

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...

Schroders Australia appoints new chief executive

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... Schroders thanked Hallinan for leading the Australian business through a period of significant industry change and societal disruption. "We are grateful for the contribution Sam made to Schroders during this period and he leaves with our best wishes," ...

New Quantum reveals Nasdaq listing plans

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... Access to public markets will accelerate New Quantum's ability to drive growth and innovation in an industry ripe for disruption, Combs added. Meanwhile, Beaconsfield Capital co-founder and chief investment officer Shantanu Jha said he is pleased to ...

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
Wealth management powerhouse UBS has completed its acquisition of Credit Suisse, marking the end of the largest banking deal since the 2008 Global Financial Crisis. UBS acquired the crisis-stricken Credit Suisse for US$3.2 billion, with support from ...

Advice regtech acquires TIQK assets

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
... delivers key building blocks for Fourth Line's next-generation products with improved automation, meaning more rapid disruption of the highly fragmented advice assurance market. "Our first-generation product was sufficiently automated to attract ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
Finalising new prudential standards, APRA is aiming to bolster banks, insurers, and superannuation trustees' resilience against future financial crises. APRA hopes the new standards will equip these financial entities with strategies to counteract threats ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
A Western Asset product specialist says rising credit default swap (CDS) spreads have sparked concerns. However, he downplayed the risk of a US default, calling it a "very low probability event". Robert Abad recalled the sole instance of a "technical" ...

Superhero launches in New Zealand

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
... Swyftx which looked to establish a $1.5 billion financial services giant. In December, Superhero announced that due to disruption and volatility in the cryptocurrency sector, the firms agreed to unwind the merger and move forward as separate, unrelated ...

ClearView appoints chief executive

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... companies," it said. "Over the last few years, he has successfully guided the business through a period of enormous disruption, and regulatory and structural change. He leaves the business strongly positioned to continue its growth and capitalise on ...

Rest signs mandate with Palisade Impact Fund

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
... Esposito. Esposito explained the nature and opportunity set of infrastructure assets is changing rapidly with significant disruption to legacy assets through technology developments, decarbonisation and greater consideration of social impacts. "As a ...