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Showing 151 - 160 of 2014 results for "Financial Markets"

RBA rate rises up in the air: Economists

CASSANDRA BALDINI | FRIDAY, 24 MAR 2023

Australian financial markets have been bracing for a pause in rate 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 ...

NZ advisers begin new licensing regime

KARREN VERGARA | FRIDAY, 17 MAR 2023

... watchdog. From March 17, all financial advice providers (FAPs) must hold or operate under a full licence from the Financial Markets Authority to be able to service retail clients. Kiwi advisers previously operated under three categories: Registered Financial ...

Link Group agrees to sell BCM arm

CHLOE WALKER | FRIDAY, 17 MAR 2023

... year, subject to the Financial Conduct Authority, the Central Bank of Ireland, and the Dutch Authority for the Financial Markets approval. Link Group said its liquidity position remains strong, and the sale proceeds will be used to pay down debt. "As ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI | THURSDAY, 16 MAR 2023

... senior economist Ryan Felsman told Financial Standard that, broadly speaking, we're seeing selloffs across financial markets due to investor risk aversion, owing to Credit Suisse's share price dropping 24% overnight. "A couple of days ago, the ...

US agencies act to prevent crisis

JAMIE WILLIAMSON | MONDAY, 13 MAR 2023

... taxpayers, and the broader economy," the Federal Reserve said. "The board is carefully monitoring developments in financial markets. The capital and liquidity positions of the US banking system are strong, and the US financial system is resilient." The ...

UBS names industry veteran as Australasia chair

CASSANDRA BALDINI | MONDAY, 6 MAR 2023

... relation to senior client engagement, strategic business planning and staff development. His deep knowledge of financial markets, the Australian financial services sector and strong risk management experience will also be an asset to the firm. UBS Australia ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA | MONDAY, 20 FEB 2023

Link Group flagged it is in "advanced confidential discussions" with the UK's financial markets regulator to settle its investigation against the failed Woodford Equity Income Fund. The case has dragged on since 2019, when fundie Mark Woodford went ...

Mason Stevens welcomes former Iress chief

CASSANDRA BALDINI | TUESDAY, 14 FEB 2023

... direction of the business as it embarks on a period of accelerated growth. "Despite a turbulent year in global financial markets, Mason Stevens has achieved record growth in revenue and funds under management and administration, by providing its high ...

New chief for Queensland Treasury Corp

ELIZABETH FRY | MONDAY, 13 FEB 2023

... corporation's retail asset sales team. QTC chair Damien Frawley said Allen's experience with global financial markets and the public sector will ensure QTC can harness the significant opportunities ahead for Queensland. "Leon's expertise ...

Rest welcomes super heavyweights

ELIZABETH FRY | FRIDAY, 10 FEB 2023

... allocation capabilities. A former finance professor, Docherty has an extensive background in consultancy in financial markets and funds management. Meantime, Scott Tully has joined Rest on a six-month contract as head of investment option development. ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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