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Showing 211 - 220 of 5941 results for "Banks"

SSGA launches new gold fund

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... a strong dollar spell trouble for the precious metal, but safe haven demand is rising, and some governments and central banks are looking to diversify their reserve assets away from the dollar," Anantakrishnan said. "For investors, the asset class can ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... its correspondent banking relationships in services denominated in US dollars. He said this is significant because local banks in the Pacific are losing access to foreign currencies and international payment systems. "Local banks provide essential services ...

Rest increases private credit investment

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... we expect REDF will deliver strong results to Rest members. "With a combination of higher interest rates and traditional banks scaling back commercial real estate lending, we believe non-bank lenders have a good opportunity to participate in the sector ...

IFS launches two courses with Kaplan

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... not able to charge a fee or commission with respect to said advice. The federal government has opened the opportunity for banks, insurers, and superannuation funds to employ QAs. Kaplan chief executive Brian Knight said: "These programs will essentially ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... pace, up by 2.5% to a record US$8.38 trillion. It said the cost of debt servicing will continue to grow even as central banks cut interest rates as cheaper older debt is refinanced at new higher rates. Janus Henderson portfolio manager Tim Winstone said ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... "surely lift rates in August". "The risk of baked-in inflationary expectations is too high," he said. "Three of the big banks have not announced a change in their projection for a rate cut and look to be sticking with November, but this looks optimistic ...

Cbus recruits chief risk officer from Crown

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
... executive general manager of compliance and regulatory affairs at Crown. Prior to Crown, she spent nearly 20 years at major banks working in senior roles across risk and compliance functions. Georgiou was previously the chief compliance officer for conduct ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... (presumably eventually) in declining inflation," Miller said. "Arguably, in the current environment uncertainties facing central banks everywhere are unusually elevated. Some of that uncertainty can be sheeted home to the unique nature of any recovery ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. The new Prudential ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
... research into the impacts of borrowing on the well-being of borrowers may contribute to changed ethical expectations of banks and other lenders."