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

Search Results

Showing 11 - 20 of 397 results for %22Great Financial Crisis%22

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... and its stakeholders, including Switzerland and its financial sector. it has been a pleasure and privilege to lead this great bank to where it is today."

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... next stage of capital allocation using a data-driven process," he adds. "If your investment team can harness good data and great coding skills, you can process and act on information more quickly." Return strategies While Rest is taking decisive actions ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... that's why it's so important to be part of that conversation," she said. Meanwhile, Alcott reminded the industry of its great power to drive change by investing in areas that support inclusive causes. "You influence a lot of people; you are hugely powerful ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... "quiet, too quiet." Something else had to give as the fastest pace of rate hikes since the 1980s exposed cracks in the financial system," he wrote. The collapse of Silicon Valley Bank over the weekend and two other smaller banks since might have been ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... earnings. "This is evident in strong trade surpluses and contributed to a $48 billion improvement in the budget deficit last financial year and $42 billion this financial year," he commented. Oliver added this is helping reduce the budget deficit and ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... US. Also, the outflow of capital from lower interest rate countries could push some highly leveraged economies into financial distress, particularly those with USD denominated debt. Albeit some pessimism, Saxena affirmed that Australia's economy ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... Challenger report. With retirees now living for about twice as long post-retirement, compared to the last major inflation crisis in the 1970s, the report's author, Challenger head of retirement income Aaron Minney says that many must now rethink ...

US state public pensions fragile: Report

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... collectively has lost about half of its gains since 2021. This is the largest single year decline in funded ratio since the Great Recession. The foremost contributing factors to the current level of unfunded liabilities were underperforming investments ...

Affordable housing super's Achilles' heel: Weaven

CHLOE WALKER  |  TUESDAY, 6 SEP 2022
... it, but we just need to find the way to make that happen." Reflecting on the 30 years that have passed, Weaven said one great success has been the implementation of representative trustee boards. "The superannuation system is not perfect and has never ...

TWUSUPER chair retires after two decades

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... members across the transport sector," Sherry said. TWUSUPER chief executive Frank Sandy said Sherry's experience will provide great value to members. "His experience in a wide range of business matters, including as a chair and director, system policy ...