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Showing 1981 - 1990 of 17954 results for "Bank"

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... unemployment rate is likely to keep falling towards 3% this year. Chesler added: "This number is likely to worry the Reserve Bank of Australia (RBA)." "With the employment market continuing to tighten markedly and no signs of inflation easing, the RBA ...

HESTA hires high profile economist

ELIZABETH FRY  |  FRIDAY, 15 JUL 2022
HESTA has appointed high profile economist Annette Beacher as an investment manager and market strategist. Beacher has spent two decades as a market economist for international investment banks, working in Australia and Singapore. Most recently, she ...

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Celsius Network has filed for Chapter 11 bankruptcy making it the latest victim of the crypto crash. In a statement, Celsius said it has filed with the Court a series of customary motions to allow it to continue operation. These "first day" motions ...

$150m capital overlay no more for Allianz Australia

CHLOE WALKER  |  FRIDAY, 15 JUL 2022
... that APRA asked Allianz and a range of other institutions to undertake following 2017's Prudential Inquiry into Commonwealth Bank. The capital penalty was to remain in place until the insurer completed remediation work to strengthen risk management and ...

LGT Crestone hires head of sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2022
LGT Crestone has hired Amanda MacDonald as head of sustainability, joining from Perpetual Private. MacDonald reports to LGT Crestone Wealth Management's deputy chief investment officer Kevin Wan Lum. She is tasked with managing LGT Crestone's ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... enhance its lending protocol. Stablecoins also gained some institutional adoption this past week. The EU-regulated payment bank Banking Circle added USDC onto its payment rails, with Coinbase as one of the bank's liquidity providers.

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... International Monetary Fund managing director Kristalina Georgieva said inflation is higher than expected and ensuing central bank monetary tightening paired with pandemic-related supply chain disruptions triggered further global growth downgrades. Georgieva ...

Payton Capital expands to Sydney

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
... corporate lending environments and private development firms in Australia and the UK. He's held senior roles with Commonwealth Bank, Westpac, NAB and ANZ driving new business origination and deal structuring. Payton Capital chief executive and executive ...

Global fintech Smart expands pension offering to Australia

CASSANDRA BALDINI  |  TUESDAY, 12 JUL 2022
... access, Amazon Alexa and Google Home skills, apparently making it as easy to manage retirement funds as it is to shop or bank online. Co-founders of Smart Andrew Evans and Will Wynne commented on the expansion. "We're really excited to bring our technology ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
The Association of Financial Advisers has hit back at the Quality of Advice Review submissions from Choice and Industry Super Australia, saying their recommendations are harmful to the sector. Starting with Choice, the AFA said the consumer body's submission ...