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Showing 11 - 20 of 635 results for "HSBC"

Young investors fall prey to bad social media advice

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... use generative AI for financial advice and guidance, compared to Gen X (7%) and Baby Boomers (2%). Conversely, a study by HSBC released in September found that Australian investors look to social media less frequently for investment information. This ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... contrasts with the general tone from the RBNZ last week and could fuel further downside in the AUDNZD cross." Elsewhere, HSBC chief economist Australia and New Zealand Paul Bloxham said the key for the RBA's next meeting, scheduled for 6 February 2024 ...

Conscious Investment Management fund receives $50m

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023
... HousingFirst and non-executive director and chair of Cafs. Previously, White held senior roles at Challenger Financial Services, HSBC and ANZ Banking Group. CIMSHF2 is currently open for investment. The fund is a 12-year closed end, capital call vehicle ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
HSBC has unveiled a venture debt offering to the Australian market which specifically targets technology focused startups. According to the banking giant, an initial $228 million has been allocated to the new offering, with loans ranging from $10 million ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
BNP Paribas Securities Services has signed an exclusive agreement to take on HSBC's hedge fund administration business. The transfer of services from HSBC to BNP Paribas will involve the integration of certain employees within BNP Paribas' expert teams ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... to be about 3.5% by the end of 2024. By the end of 2025, the RBA hopes it will revert to a more acceptable range of 2%-3%. HSBC chief economist for Australia and New Zealand and global commodities Paul Bloxham said the RBA is now in "calibration mode" ...

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
... Lee joined Calastone in 2017 after 12 years of experience in custody securities and funds settlement roles at Westpac and HSBC. She'll continue to maintain strong ties with Calastone's diverse client base, including fund managers, platform administrators ...

Betashares launches currency-hedged FTSE 100 ETF

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
... F100), with the foreign currency exposure hedged back to the Australian dollar. The top holdings in H100 are currently Shell, HSBC, and AstraZeneca. Betashares said the ETF provides diversification benefits in terms of both company exposure and industry ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... considering "gathering inflation storm clouds" on the horizon. "Expect the RBA to reveal hawk talons on November 7," Miller said. HSBC chief economist Paul Bloxham agrees, noting that although inflation is decreasing, it remains elevated and is falling ...

Former AMP Capital executive takes over at Selfwealth

CASSANDRA BALDINI  |  THURSDAY, 19 OCT 2023
... market entry. Before his tenure at AMP Capital, he also held senior management positions at Westpac, Commonwealth Bank, and HSBC Bank Australia. While at HSBC, Keary assisted the bank in developing its online trading platform. SelfWealth chair Christine ...