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Showing 1941 - 1950 of 17954 results for "Bank"

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
The Reserve Bank of Australia (RBA) is launching a one-year research programme into the case for a central bank digital currency (CBDC). Partnering with the Digital Finance Cooperative Research Centre (DFCRC), the project will seek to identify innovative ...

Perpetual makes moves in digital innovation space

CHLOE WALKER  |  MONDAY, 8 AUG 2022
Jon Alder has been appointed as the new general manager of Perpetual Corporate Trust's (PCT) digital arm to drive its digital solutions and innovations strategy. With over 25 years' experience in technology, software and operations, Alder was most recently ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
APRA published its updated plan to reinforce the financial soundness of the banking, insurance and superannuation industries over the next four years, with few surprises on offer. The priorities in APRA's new Corporate Plan for 2022-2023 are based ...

TIP Group launches first UK fund

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
... to wholesale investors, the Sterling Debt Fund aims to generate a target fixed income interest rate return of 7% above the Bank of England's base rate (currently 1.25%). Also, interest distributions will be made quarterly to investors. TIP UK head Malcolm ...

Super fund climate risk assessment results released

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
APRA has published the findings of a voluntary climate risk self-assessment survey conducted across the entities APRA regulates. Sixty-four medium to large institutions responded to the survey, which was designed to provide insights into how institutions ...

Office properties here to stay: AMP Capital

ANDREW MCKEAN  |  THURSDAY, 4 AUG 2022
... rates will result in falling prices. Davitt explained: "For the residential market, it's typical to use 80 or 90% debt. The bank has a lot of say how much you can borrow and that has a lot of impact in terms of what you're willing to pay for a property ...

Hejaz Financial Services, GBST provide online calculators

CASSANDRA BALDINI  |  THURSDAY, 4 AUG 2022
Hejaz Financial Services, a diversified provider of Islamic financial products has selected GBST to provide a suite of nine online calculators. The suite will be powered by GBST's Equate technology, and underpinned by Equate's Content Management ...

AMP Capital appoints investment director

CASSANDRA BALDINI  |  THURSDAY, 4 AUG 2022
... Airports where he held the position of corporate finance manager, responsible for long term forecasting, shareholder and bank relationship management and board reporting. In the new position he will work alongside Dowling on the airport portfolio's ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
The Reserve Bank of Australia (RBA) has chosen to increase the cash rate by 50 basis points to 1.85%, consequently, this is now a fourth consecutive monthly rate rise. The RBA's decision comes as it continues its attempt to return inflation to its 2-3% ...

CHESS replacement delayed further, review underway

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... expected to commence this month and take about 12 weeks, the ASX said. The findings will be provided to ASIC and the Reserve Bank of Australia and released publicly. User testing that was scheduled to commence in September has now been put on hold until ...