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Showing 331 - 340 of 2598 results for "Institutions"

SVB, Signature Bank securities up for sale

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
A BlackRock subsidiary has been tasked with disposing the mortgage-backed assets of Silicon Valley Bank and Signature Bank that collectively amount to US$104 billion ($156.2bn). The Federal Deposit Insurance Corporation recently announced that it retained ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... come into focus and fears of contagion have risen across the broader financial sector, including nonbank financial institutions." Global growth is forecast to decline from 3.4% in 2022 to 2.8% in 2023, assuming that recent financial sector stresses are ...

Pacific Current Group buys stake in PE firm

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... Currently, Cordillera manages approximately $2.2 billion on behalf of family offices, foundations, endowments and other institutions, and focuses on niche, non-correlated assets, such as aging whiskey, environmental markets, music royalties, environmental ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... of their face value liabilities in accounts with an Australian ADI. Further, the Bill requires banks and financial institutions to disclose their use and management of foreign CBDCs in Australia to ASIC and the Reserve Bank of Australia (RBA). "The Digital ...

Global crypto platform expands to Australia

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... the global cryptocurrency market, Rafique pointed to the country's strong investing culture and robust financial institutions. Rafique highlighted the abundance of engineering talent in Australia and expressed optimism for the development of the crypto ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
... work on building resilience in the system is never finished," he added. Lonsdale further noted Australian financial institutions are also currently very focused on the threat of cyber-attacks and are working hard on their defences and responses to an ...

It's not 2008, but there's likely more pain ahead: Iggo

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... interest coverage. According to Iggo, being defensive is understandable given the concerns about other financial institutions. "Things might get worse in the short-term... it's difficult to see equity markets performing well in such an environment," ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... cost of living. "In Australia, we've historically seen low levels of trust when it comes to trust in Australian institutions," Naughtin said. This did increase marginally in 2021, but again, dropped off last year. "An area that we see driving some ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... simply create more jobs and share opportunities, and that's becoming something that's more accepted in those institutions. "If we moved to a standard shorter working week, then we'll be spreading the available hours of work more evenly across ...

Super funds are lousy at communications: Strategist

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... hear it', and they get frustrated," Ralph said. Ralph said that one reason for this is traditionally, financial institutions map what they call a "customer journey", which tends to be demographically led. "Increasingly, however, what we're seeing ...