Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 96 results for "Bank of Canada"

Citi to expand local securities team

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... Citi is expecting to build out its Sydney footprint after it finalised a client transfer agreement with the Royal Bank of Canada which sees clients of RBC transition to the global bank's local securities services arm over the next two years. At the ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... outbreak, ahead of its scheduled 17-18 March FOMC meeting, where it's expected to cut interest rates again. The Bank of Canada (BOC) cuts its benchmark interest rates by 50 basis points to 1.25%. The Bank of England (BOE) also slashed interest rates ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
When you read reports that police have tasered a man over an argument over toilet paper, you know that the coronavirus hysteria has come to Australia. This followed news of emptied toilet paper shelves at supermarkets that has now extended to "necessities" ...

US real estate manager eyes Australia

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... said. Unison was set up in 2006 and has attracted venture capital from Citi Ventures, F-Prime (Fidelity) and Royal Bank of Canada in previous raisings. Earlier this year, Akindred took on the third-party distribution of private debt boutique Manning ...

Investec scores ADI licence

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... Investec plc, is now operating as a foreign ADI. BNP Paribas, Societe Generale, UBS AG, Credit Suisse AG and Royal Bank of Canada are some examples of foreign banks that operate as ADIs in Australia. Deposit-taking activities are limited to a minimum ...

Financial software firm strengthens leadership

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... where he was Australasian head of sales. He has previously held roles at RBC Investor & Treasury Services, Royal Bank of Canada and SimCorp. "I am delighted to be joining the team at SS&C," Tremelling said. "As the investment industry continues to embrace ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... hawkish policy leanings from the Bank of England ("an ongoing tightening of monetary policy would be appropriate"); Bank of Canada ("interest rates to its neutral range 2.5% -3.5%); and the Reserve Bank of Australia ("the next move in interest rate is ...

Credit Suisse promotes private banking specialist

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... manager, becoming team leader in 2013 and market leader in 2017. He previously worked at Macquarie Group, the Royal Bank of Canada and Hambros Bank. He also served seven years in the British Army. In announcing the appointment, Wade said Marr brings ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... to Trump's not so subtle remarks. Our problem, Houston, is what happens in America does not stay there. The Bank of Canada (BOC) can thank its lucky stars there's no Trump to "guide" its policy decisions and more importantly, its next-door neighbour's ...

Global investment bank expands Australian team

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
The investment banking arm of the Royal Bank of Canada expanded its Australian distribution with the appointment of a head of fixed income sales. New York based Christopher Muirhead will join RBC Capital Markets Australian team in Sydney, linking from ...