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

Search Results

Showing 271 - 280 of 4332 results for "Bank of"

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... continuing the moderation seen since the peak of 91.6% in the June 2023 quarter. This reflects fewer rises in the Reserve Bank of Australia's cash rate in the last 12 months and a slowing in the rollover of expired fixed rate mortgages to higher ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
Commonwealth Bank of Australia (CBA) has revealed there were 2259 substantiated cases of misconduct for the year, up from 1122 the previous year. Of those, 18 were cases of sexual harassment or other sex-based harassment, two were a result of bullying ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... expansion of Janus Henderson's private credit capabilities follows its May announcement of its acquisition of the National Bank of Kuwait's emerging markets private investments team.

NZ Super Fund names chief risk officer

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
... thorough recruitment process. Mitchell brings extensive industry experiences, including different roles at the Reserve Bank of New Zealand, Morgan Stanley, Westpac Investment Management and ABN Amro. Speaking on the appointment, Guardians chief executive ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... unemployment rate rises by half a percentage point in a year," he said. The major sell-off has all but confirmed that the Reserve Bank of Australia (RBA) is likely to keep interest rates on hold at today's meeting. "A positive for traders out of Monday's ...

Wilsons Advisory snaps up private wealth practice

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... executive director - corporate advisory at Evans & Partners and has also held roles at Macquarie Group (New York), CIMB Royal Bank of Scotland, and JBWere. Wilsons Advisory head of private wealth Casimir Skillecorn said the Statton Partners history of ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... economist Krishna Bhimavarapu said the rise in inflation came in above expectations but an interest rate hike by the Reserve Bank of Australia (RBA) is not necessarily on the cards. "The data reiterates our view that the interest rates are restrictive ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... outcome is achieved for the market, for listed companies and for investors and investment." Notably, ASIC and the Reserve Bank of Australia (RBA) are co-regulators of licensed CS facilities. They share supervisory responsibilities for the four CS facilities ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... Australia's ability to control inflation looks more challenging and intractable as there is a good chance the Reserve Bank of Australia (RBA) could increase interest rates in August, an economic expert says. According to GSFM investment strategist ...