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Showing 381 - 390 of 5945 results for "banks"

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
... explained. APRA recently finished analysing the results of its latest stress test that covered the nation's 10 largest banks. Lonsdale commented "the results give us some confidence." "However, our work on building resilience in the system is never ...

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

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... Financial Crisis, AXA IM's Chris Iggo has warned there may be more problems ahead as investors reconsider their holdings in banks and related assets. AXA IM's chief investment officer said the risk is also attributable to potential credit impairments ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... it's best not to be too definitive - that maybe now's not the time to stick one's neck out and claim central banks will stop raising rates and then predict the implications for equity markets," he says. He reckons the US central bank is fixated ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... not completely off the table. "The RBA certainly can't lean into the banking issues offshore given US and European central banks have hiked this week," Commonwealth Bank head of Australian economics and market research Gareth Aird told Financial Standard. ...

Global alternatives manager lands down under

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... his 12-year stint at HSBC as director of institutional sales, where he focused on sales and distribution to super funds, banks and asset managers. Before that, he worked for Deutsche Asset Management and Westpac. GCM is the second Chicago firm to establish ...

Professionalise sustainability within funds: Panel

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... she explained. She said this positive result is due to investor demand. "Major funders of the shipping industry are big banks around the world, they all have to demonstrate who they are lending money to and what those shipping companies are doing to ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... the passage of the Financial Accountability Regime (FAR), which will put more accountability on senior executives running banks, insurance companies, and superannuation funds. The four key requirements of the FAR force entities to comply with accountability ...

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
Despite soaring interest rates, the number of small business owners borrowing from banks has sharply risen in 2022, a new survey reveals. More than a third (36%) of Australian small businesses canvassed by CPA Australia are increasingly relying on external ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... marks, purchase price adjustments and restructuring costs, and additional 50% downside protection on non-core assets. Both banks have unrestricted access to the SNB's existing facilities, through which they can obtain liquidity from the central bank ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... communities. First Republic founder and executive chair Jim Herbert and its chief executive and present Mike Roffler thanked the banks for their collective support and for strengthening its liquidity position. "The deposit from those major banks along ...