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Showing 21 - 30 of 17084 results for "Bank"

Global X hires new chief executive

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... He also worked in investor solutions at Barclays Capital and was head of adviser sales for equity derivatives at Macquarie Bank. Zaika replaces Evan Metcalf, who steps down in October after a decade-long tenure at the fund manager. Metcalf became chief ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
In August, Finder's Consumer Sentiment Tracker recorded the highest level of mortgage stress since it first began tracking in early 2019. More than two in five (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million ...

Former Mercer Super chair named Actuary of the Year

MATTHEW WAI  |  FRIDAY, 20 SEP 2024
The Actuaries Institute has named Jan Swinhoe the Actuary of the Year for 2024. Swinhoe has an extensive background in financial services, having worked across insurance, institutional banking, and superannuation. She is currently a non-executive director ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... strategy. Before that, he was vice president of investor solutions for Barclays Capital for five years, landing from Macquarie Bank following stints at Skandia, Zurich Insurance and AMP. Five months ago, GAM recruited Alexandra Williamson as distribution ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
ASIC and the Reserve Bank of Australia (RBA) have been given new powers under new financial market infrastructure laws to enhance their licensing, supervisory, and enforcement abilities. The Treasury Laws Amendment (Financial Market Infrastructure and ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment numbers revealed employment ...

Vantage Point AM hires from Merricks

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
Paul Thomas, co-founder of Vantage Point Asset Management, has returned to the Singapore-based hedge fund after a four-year stint at Merricks Capital, the agricultural credit fund. Thomas has departed the firm backed by Melbourne's wealthy Liberman ...

GAM Investments loses local head

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... strategy. Before that, he was vice president of investor solutions for Barclays Capital for five years, landing from Macquarie Bank following stints at Skandia, Zurich Insurance and AMP. Five months ago, GAM recruited Alexandra Williamson as distribution ...

Forrest family office execs open new shop

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... Stephen Daly. The high-profile duo founded the firm after a long track record of working together at the National Australia Bank and AMP before landing at the Forrest family office. Moreover, the duo has teamed up with Guy Debelle, the former deputy ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many who ...