Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1711 - 1720 of 17952 results for "Bank"

Super funds must unlock diversification opportunities: HSBC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
The recent partnership between the Australian Institute of Superannuation Trustees (AIST) and HSBC will help superannuation funds diversify globally, says the latter's head of markets and securities services Nick Wheeler. In an interview with Financial ...

Summerhayes named Zurich chair

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... executive board member of APRA and as chief executive of Suncorp Life. He was also regional general manager at National Australia Bank (NAB) and chief executive of MLC Superannuation and Investments. Summerhayes' new role will also see him chair ...

Spirit Super appoints chief risk officer

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... years at QSuper in various roles, including head of group risk and head of group assurance. Sadler has also spent time at Bank of Queensland and Westpac. "I'm pleased to have Will join our executive team to help me further enhance the risk and compliance ...

MLC Life Insurance welcomes new non-executive director

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... regulated industries. Previously, he served as group chief risk officer and a member of the executive teams of Westpac, Royal Bank of Scotland, and ANZ Bank. Stephen also held board roles with the International Financial Risk Institute and the Financial ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... GST in 2000. The annual CPI increase came in at 7.8%, the highest rate seen since 1990. While it didn't hit the Reserve Bank of Australia's expectation of 8%, it does outpace most economists' forecasts. The increase was primarily driven by ...

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... framework, run the risk of entrenching higher inflation in Australia compared to elsewhere." Against that background, the Reserve Bank of Australia (RBA) should be possessed of an acute inflation anxiety in its approach to policy settings through 2023 ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
AMP said impairment charges totaling a cool $68 million post-tax will see its 2022 statutory profits take a hit. The financial services giant expects the impairments, which amount to $94 million pre-tax, to be recognised in its FY22 results. The charges ...

Rowe joins Kofkin Bond & Co

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... having been reappointed. Of note, during his time in the role, he oversaw the acquisition of Count Financial from Commonwealth Bank. Rowe has also previously served as chair of the Financial Planning Association of Australia, and of its Future2 Foundation ...

Calastone reports sharp managed fund flow declines in 2022

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
According to Calastone's Fund Flow Index, Australian investors significantly reduced their investments in managed funds in 2022. The index showed a sharp decline in inflows across all asset classes, with the biggest drop coming from fixed income funds. ...

Four themes driving 2023: Iggo

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... beyond what is already priced in i.e., 5% for the US Federal Reserve's fed funds rate; 3.25% to 3.5% for the European Central Bank's deposit rate; and 4.5% for the Bank of England's bank rate. "Further declines in inflation rates in the months ahead ...