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Showing 381 - 390 of 5968 results for "banks"

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... Treasury bonds, he said. Further, the illiquidity of the US CDS market, along with the restrictions on market-making by non-US banks, partially explaining the drastic increase in US CDS spreads, he added. But what happens if the debt ceiling isn't ...

Lumiant, Invest Blue build digital advice platform

CASSANDRA BALDINI  |  MONDAY, 15 MAY 2023
... investment in key components of the advice process will help ensure that Invest Blue can deliver advice at scale. " He added with banks out of personal advice, Invest Blue wants to help "fill the void." "Not only in terms of making advice affordable ...

AFCA tallies up COVID-19 complaints

JAMIE WILLIAMSON  |  FRIDAY, 12 MAY 2023
... complaint matters - we received far fewer COVID-related complaints than we thought might arise from the pandemic," Locke said. "Banks, for example, were generally quick to respond, providing emergency support as they handled an unprecedented volume of ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... first time under the framework. The first group to do so comprised 97 large firms who reported earlier this year, including banks and some superannuation funds. The second group, to report by August, will be about 260 firms. ASIC estimates these two ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
... There, he built a team to oversee £35 billion of sterling, euro and dollar multi-asset portfolios for Coutts UK and other banks. In 2012, Astorri joined Oxford Economics and held the title of head of investor scenario service before moving to Australia's ...

Kilter Rural launches $500m agriculture fund

CHLOE WALKER  |  THURSDAY, 4 MAY 2023
... the Kilter Agriculture Fund has been backed by wholesale investors, high-net-worth investors, family offices, and private banks, he confirmed. It's projecting annual returns of around 10-12% per annum, comprising a combination of capital growth and yield. ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... by the apparent weight given to their views." She believes that consumer groups picked such a response due to views that banks, insurers and superannuation funds will have more freedom to provide financial advice. "They think that is a bad thing - indeed ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... decision on its takeover could be expected imminently. The Federal Deposit Insurance Corporation (FDIC) previously revealed 11 banks showed their support by depositing $30 billion into First Republic. However, it would seem the that wasn't enough to ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... hold true any longer. "They were counting on the adviser population, hoping to sell their software solutions into the major banks that are providing advice. That's just not the reality of the advice market. Now, it is a highly fragmented small business ...

Future Fund trumps market averages

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... surpassing the ASX (0.1%) and S&P500 (-7.7%). Future Fund Board of Guardians chair Peter Costello explained that as central banks, including the Federal Reserve and the Reserve Bank of Australia, raised interest rates in a bid to control inflation, investing ...