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Showing 21 - 30 of 416 results for "BOE"

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
This month the Bank of England's (BOE) monetary policy committee decided to keep the existing stance of monetary policy unchanged; the Bank Rate remains at a record low 0.1% and QE at £895 billion. But buried in the "Monetary Policy Summary and ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... transparency and justification of large remuneration payouts, particularly to controversial global head of infrastructure equity Boe Pahari, who is exiting as the business pursues the demerger. Hazelton defended the company's decision behind the ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
Financial risks of climate change can interact and compound other institutional risks including credit risk, market risk, and liquidity risk, APRA has emphasised in a new practice guide. APRA has released a draft guide for Prudential Practice Guide ...

AMP Capital real estate distribution head departs

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
... the departure follows news earlier today that AMP Capital global head of infrastructure equity and former chief executive Boe Pahari is set to leave the company. Further to this, AMP chief executive Francesco De Ferrari will step down following the group's ...

Pahari to leave AMP amid demerger

JAMIE WILLIAMSON  |  FRIDAY, 23 APR 2021
AMP has confirmed Boe Pahari will leave the business as it pursues a demerger of its Private Markets business, after plans to sell to Ares Management fell through. AMP will demerge its $50 billion Private Markets business from AMP Limited and list it ...

AMP names new chief executive

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... sexual harassment from female colleagues and sparked an exodus of several executives. But former AMP Capital chief executive Boe Pahari still remains employed by the company and receives substantial pay cheques. De Ferrari will receive $300,000 for his ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... Management. Key executives have faced claims of sexual harassment from female colleagues. Former AMP Capital chief executive Boe Pahari eventually apologised, but still remained employed by the company and received substantial pay cheques. Allan Gray ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... purchases at £875 billion and so the total target stock of asset purchases at £895 billion." This was the Bank of England's (BOE) long-winded way of saying "see last month's (4 February 2021) policy decision, despite improved tidings on economic ...

Frontier zeroes in on poor culture

KARREN VERGARA  |  THURSDAY, 11 MAR 2021
... cited the widely reported case of AMP handling a sexual harassment claim against AMP Capital global head and managing partner Boe Pahari and his subsequent promotion as an example. Frontier director of sector research Paul Newfield said "higher hurdles" ...

Pahari's pay packet revealed

ELIZA BAVIN  |  THURSDAY, 11 MAR 2021
AMP has reported the extent of the remuneration awarded to former AMP Capital boss Boe Pahari in the 53 days he led the business. As outlined in AMP's annual report, Pahari was paid $376,000 in cash payments. While he was not entitled to a short-term ...