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Showing 341 - 350 of 4298 results for "Bank of"

ClearView welcomes chief of staff

CASSANDRA BALDINI  |  MONDAY, 18 SEP 2023
... brings over 20 years of financial services experience in both Australia and the UK to the role. Most recently, Leong was at Bank of Queensland in the role of executive business manager to the group executive, retail banking chief executive of ME Bank ...

Industry high flyers join JANA board

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... director of Westpac Banking Corporation and Scentre Group and has previously held non-executive director roles at Telstra and Bank of Queensland. Before her board career, Seale was managing director of publishing company Random House Australia and New ...

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
Outgoing Reserve Bank of Australia (RBA) governor Philip Lowe has spoken of the difficulty of navigating his tenure in an era dominated by social media and clickbait, and said he remains confident the bank's decisions supported the population's economic ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
The Reserve Bank of Australia (RBA) has decided to leave interest rates unchanged at 4.1%, however, it flagged that inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
Inflation in Australia has slowed to its lowest level in a year and a half, encouraging thoughts that the Reserve Bank of Australia (RBA) tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
The Reserve Bank of Australia is assessing how the economic effects of climate change may affect monetary policy, including the merits of flexible inflation targeting. Speaking at the Sir Leslie Melville Lecture in Canberra, future governor Michele ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
ASIC and the Reserve Bank of Australia (RBA) have set out high expectations for the ASX to get the CHESS replacement right, forcing it to consult on all matters on the CHESS replacement with the newly established oversight body. In a joint letter, the ...

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
Despite its local assets under custody and administration plummeting by more than 60% in the past six months, HSBC is adamant it's not going anywhere. The most recent statistics to come out of the Australian Custodial Services Association (ACSA) show ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... Future Fund has an opportunity cost, the cost of debt, which is borne by the budget," said Burshtein. Using the Reserve Bank of Australia's official cash rate of 4.1%, Burshtein said the fund would need to generate 4.1% returns after costs to just ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... Trading Commission separately fined Wells Fargo Bank, BNP Paribas Securities, SG Americas Securities, Société Générale, Bank of Montreal, and Wedbush Securities for related conduct.