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Showing 381 - 390 of 4299 results for "Bank of"

It's painful, but it's working: Lowe

CHLOE WALKER | WEDNESDAY, 31 MAY 2023

Reflecting on the board's decision to increase the cash rate by 25 basis points to 3.85% last month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that ...

Bank of Queensland slapped with EU

CASSANDRA BALDINI | WEDNESDAY, 31 MAY 2023

... said it's acted following several beaches or its prudential standards and a review that exposed issues within the Bank of Queensland's (BOQ) operational risk, compliance and risk culture. As part of the action taken against the bank, APRA will ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI | THURSDAY, 18 MAY 2023

... investing in US stocks. "Five of their top six stocks are US Apple, at number one and following that is Alphabet, Microsoft, Bank of America, Citigroup and splitting them is Westpac at number three," it said. Across the entire Gen X cohort, Apple, at ...

Insignia bolsters executive leadership team

ANDREW MCKEAN | THURSDAY, 18 MAY 2023

... Mota. Saxena joins with 20 years' experience in financial services, where he spent the last decade at the Commonwealth Bank of Australia. Prior to Insignia, he was executive general manager for operational risk for the bank's business support functions. ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI | WEDNESDAY, 17 MAY 2023

... strong labour market and buoyant commodity prices, combined with spending restraint." Fitch also weighed in on the Reserve Bank of Australia's (RBA) decision and said it believed the tightening cycle is at the end. "We believe that the RBA has reached ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI | WEDNESDAY, 17 MAY 2023

The Reserve Bank of Australia (RBA) has admitted more interest rate rises might be on the horizon depending on how the economy and inflation track, but CommSec senior economist Ryan Felsman believes an increase next month is unlikely. In the minutes ...

abrdn chief economist rejoins Reserve Bank

ELIZABETH FRY | MONDAY, 8 MAY 2023

... abrdn's chief economist for 10 years. Lawson has been appointed deputy head of the international department at the Reserve Bank of Australia (RBA), effective August 1. He began his career at the RBA in 2001 before serving as a senior economist at ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY | FRIDAY, 5 MAY 2023

... board of ISPT, the $20 billion property fund set up by Australia's largest pension funds. He began his career in the Bank of England, first in the wholesale markets supervision division (covering the gilts market) and then as an economist. After ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI | FRIDAY, 5 MAY 2023

While the Reserve Bank of Australia (RBA) is focused on cooling inflation, it's unlikely the May budget will look to boost the economy, Commonwealth Bank's Gareth Aird tells Financial Standard. Some were stumped this week after the RBA sent ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN | THURSDAY, 4 MAY 2023

... indefinitely) any existing disposition to increase the policy rate," he said. The Federal Reserve hiking rates follows the Reserve Bank of Australia raising the cash rate to 3.85% earlier this week.

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Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI | 12:39PM

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA | 12:33PM

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA | 12:10PM

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI | 12:28PM

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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