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

Search Results

Showing 11 - 20 of 638 results for %22HSBC%22

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... retreating following the exit of the Australian banks to return to core business. "Global depository/custodial businesses such as HSBC, J.P. Morgan and Citi Group have also retreated, preferring larger funds in excess of AUD $5 billion or sometimes as ...

SimCorp names new country manager for Australia

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... brings over 25 years of experience in the financial services industry. He was most recently head of securities services for HSBC in Australia and New Zealand. His past roles also include head of custody and fund services at Citi as well as executive ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... come down by at least 50 basis points over the second half of 2024, as inflation heads towards the target range." Elsewhere, HSBC chief economist Australia, NZ & Global Commodities Paul Bloxham said that the RBA will likely be on hold through 2024, with ...

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 ...