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

Search Results

Showing 1971 - 1980 of 17954 results for "Bank"

Recession a distinct possibility: Natixis

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... strategies have excelled, it said. Nevertheless, going forward, like nine in 10 survey respondents, Kaminski said that central bank policy will be the biggest market driver in the second half of 2022. She said: "The biggest market driver at the end of ...

FNZ acquires private banking tech firm

CASSANDRA BALDINI  |  THURSDAY, 21 JUL 2022
FNZ has acquired Swiss private banking technology company New Access, representing its investment in the growing private banking and cross-border wealth sector. New Access is primarily active in the Switzerland, Liechtenstein and Luxembourg markets. ...

Josh Frydenberg joins Goldman Sachs

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022
... him leverage his "deep public and private sector experience, connectivity, and insight" to the benefit of the investment bank's clients. Goldman Sachs Asia Pacific Ex-Japan co-president Kevin Sneader said the firm is fortunate to have Frydenberg on board. ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
Treasurer Jim Chalmers is instituting the first major review of the setting of monetary policy and the Reserve Bank of Australia (RBA) since the 1990s. In the context of Australia facing a complex combination of difficult economic conditions, Chalmers ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... competition." "The QLD head office legislation we consider to be an historic artefact from the merger of Suncorp and Metway bank in 1996 that is past its useful life." Credit Suisse also analysed the financial aspects of the deal, noting ANZ disclosed ...

Pearler raises $7.8m to continue growth

CHLOE WALKER  |  TUESDAY, 19 JUL 2022
... facility linked to a suite of ETFS, and rebalancing tool Autoinvest, which allows investors to set rules across multiple bank accounts and automate their spending, saving, and investing. "What attracts investors is our emphasis on helping young investors ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... prices faster than their costs have been rising," the analysis said. Using a methodology instituted by the European Central Bank, to decompose shifts in price levels and attribute them to shifts in wages, profits and taxes, the Australia Institute found ...

Investors, advisers need further ESG education

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
Most Australians say ESG is important but claim they aren't receiving the assistance needed when it comes to sustainable investing. In line with its Australian market launch, Capital Preferences released its ESG is Personal: 2022 Study of ESG Preferences ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... pro rata accelerated renounceable entitlement offer. It will also include a minimum fee of $50 million to use the Suncorp Bank brand to be paid in instalments over five years. If the brand is retained after the initial five years, Suncorp will receive ...

Pendal FUM drops $12bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
Pendal Group has reported its funds under management dropped over 11% in the June quarter. On Friday the investment manager announced FUM dropped to $111.0 billion in the June quarter, down from $124.9 billion at the end of the March quarter. It reported ...