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Showing 11 - 20 of 128 results for "Commercial Bank"

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... not reached the level of mainstream adoption," sleep said. "Besides CBDCs, other firms of digital money such as Commercial Bank Digital Money, tokenised deposits or tokenised money market funds can be considered." Sleep said that preferences continue ...

Pengana appoints leaders for private credit division

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
Pengana Capital Group has named those who will lead its recently launched private credit business, appointing Nehemiah Richardson as managing director and chief executive and Charles Finkelstein as chief investment officer. Richardson and Finkelstein ...

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
... asset. The facility was provided by a consortium comprising ANZ, Bank of China, Commonwealth Bank, Industrial and Commercial Bank of China, ING Bank, Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, and Westpac.

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
HSBC has leapt to the rescue and purchased the embattled Silicon Valley Bank's (SVB) UK arm for a total sum of £1. The banking giant yesterday announced its UK ring-fenced subsidiary, HSBC UK Bank, would make the purchase, which excluded the assets ...

Business leaders optimistic in face of inflation

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
While most Australian mid-size businesses are grappling with the challenges driven by inflation, nearly six in 10 feel confident about the global and national economy, according to a recent survey conducted by J.P. Morgan. The second annual Australia ...

Aligning investments to Leo's dating strategy pays off

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2022
An index shows that if you pick your investments in the same way Leonardo DiCaprio picks his girlfriends, you'd likely be doing rather well for yourself. The Leonardo DiCaprio Large Cap Index from Index One tracks the performance of large cap US ...

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
... commercial and financial advisory consultancy she founded. Prior to that, she was general manager of Westpac's commercial bank. She also served as general manager, private wealth and chair of BT Nominees. Over the course of her career, she has also held ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
Having raised the cash rate earlier this month, the Reserve Bank of Australia (RBA) board has decided not to reinvest the proceeds from bonds as they mature from the bank's portfolio. This decision by the RBA is indicative of a new quantitative tightening ...

Aussie private capital on the rise: Report

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
Australia's private capital industry reached a record $90 billion in assets under management at June 2021, according to Australian Investment Capital (AIC) and Preqin's most recent report. The 2022 Private Capital Market Yearbook report also recorded ...