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Showing 201 - 210 of 3122 results for "Crisis"

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... was the riskiest time ever." He should know. Starting his career in 1994, Lill had a ringside seat to the Asian financial crisis, the Asian currency crisis, the tech-crash and the global financial meltdown. Yet, he argues that the current environment ...

Do your cyber-attack drills: Funds warned

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
... document and making sure it actually works and thinking through some decisions that you might have to make in the face of a crisis," she advised. "For example, who would shut the systems down? And who is allowed to make that decision to shut the systems ...

Alternatives investors await more corrections: Research

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2023
... which included Australian investors, found that hedge funds experienced their toughest year since the Global Financial Crisis, which according to Preqin's All-Strategies Hedge Fund Benchmark declined by 6.75% at the end of 2022. Some 64% of investors ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... that's how we've ended up in this situation," she said. "As the biggest set of investors, super is critical in the housing crisis. I don't think it's ever going to get fixed without super funds; that's why it's so important to be part of that conversation," ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
For most of us, women's reproductive concerns remain taboo in the workplace. However, with menopause estimated to be robbing women of at least $17 billion in retirement, calls for mandated menopause leave are growing. It's commonly accepted ...

ASIC grants MSC Trustees new powers

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... traditional debt providers and extreme cautiousness by the Australian corporate regulator following the global financial crisis in 2008," he said. The authorisation comes after seven years of MSC lobbying the government, which included participating ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... ensure stability for Credit Suisse customers and the wider financial centre. "The Credit Suisse Group is experiencing a crisis of confidence, which has manifested in considerable outflows of client funds," said FINMA. "This was intensified by the upheavals ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... announcement that it would throw a US$54 billion lifeline to Credit Suisse. "That helped ease fears of the global banking crisis and we saw Credit Suisse shares jump 19.2% with European bank stocks up 1.1% on the back of that news," he said. The liquidity ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... went on to say that prior tightening cycles have led to "spectacular financial flameouts", citing the Savings and Loan Crisis of the 1980s and early 1990s; "... it was a "slow rolling crisis" - one that just kept going. It ultimately lasted about a decade ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
The failure of Silicon Valley Bank (SVB) doesn't point to a systemic issue, however the banking crisis in the US may be far from over, experts say. The failure of SVB was mainly due to an asset-liability mismatch, which resulted in material losses ...