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Showing 291 - 300 of 4276 results for "Yesterday"

Ray Dalio bows out of Bridgewater

CASSANDRA BALDINI  |  WEDNESDAY, 5 OCT 2022
... relinquished control of his US$150 billion company after running the firm for most of its 47 years. The hedge fund announced yesterday that the drawn-out transition of Bridgewater Associates from Dalio, which started some 10 years ago, to its operating ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... interest duty because of our legislative code. So, there's some work to do there," she noted. "Michelle [Levy] outlined yesterday that she doesn't see best interest duty and good advice to the conflicting. And there is a little concern that the ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... digital framework that will be easier for industry to understand and comply with, and for APRA to supervise and maintain. Yesterday, APRA released an information paper that sets out what banks, insurers and super trustees can expect from the program ...

Atlas Arteria ignores IFM opposition to latest deal

JAMIE WILLIAMSON, ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... Investment Board and OMERS Infrastructure. They both owned 33.33% alongside OTPP which has retained its 33.33% interest. Yesterday, following media speculation about the deal and in a letter directed to Atlas Arteria chair and director Debbie Goodin ...

Charges laid against former BBY head of operations

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
... offence carries a maximum penalty of 10 years imprisonment. Bilton appeared in the Melbourne Magistrate's Court yesterday, the matter was adjourned for further mention on October 25. The matter is being prosecuted by the Commonwealth Director of ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... Lowe has said the board will do what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The further increase in interest rates today will help ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... event of a failure, a major bank could be recapitalised using a large pool of private, rather than taxpayer, funds. Yesterday APRA wrote to major banks confirming that the final setting for loss-absorbing capacity will be an increase in minimum total ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... and inflation as narrow, suggesting smaller hikes going ahead." Capital.com head of trading Brian Gould said: "As of yesterday, rates markets were pricing in an 83% chance of a 50 basis point hike to 2.35%, with just a couple of major banks taking a ...

ASIC extends binary options ban

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... option protections in Australia remain in line with those in force in comparable markets overseas," the regulator said. Yesterday, ASIC released Report 736 Response to submissions on CP 362 Extension of the binary options product intervention order. ...

The time is right: AFA chief

CASSANDRA BALDINI  |  FRIDAY, 2 SEP 2022
... carefully design our organisation to operate within the reduced scale that we would have." Further, it was confirmed yesterday that the chosen designation for the new entity will be the CFP. Anderson says only a handful are still doing the FChFP due ...