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Showing 21 - 30 of 160 results for "Bank of New Zealand"

APRA names new executive director

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... roles at the National Australia Bank on-and-off for over 25-years. Roberts was also chief risk officer at the Bank of New Zealand and help non-executive director roles at Anglicare Victoria, Cash Services Australia and The each Foundation. APRA chair ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
In his outing before the Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... fallen to their lowest level in three years to 1.59% from a high of 1.94% in April this year. The Reserve Bank of New Zealand (RBNZ), the Bank of Thailand (BOT) and the Reserve Bank of India's (RBI) surprise moves towards increased monetary policy ...

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... Three central bank meetings, all three cut interest rates, all three policy decisions a surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 50 bps to a new record low of 1% at its August meeting. This is bigger than market ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... to lead the panel, which comprises AGL Energy non-executive director Diane Smith-Gander and former Reserve Bank of New Zealand acting governor Grant Spencer. APRA appears to operate in a culture that is "unwilling to challenge itself, slow to respond ...

AMP Life sale blocked

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2019
... the current terms do to challenges in meeting the condition precedent to obtain approval from the Reserve Bank of New Zealand (RBNZ). On July 13, Resolution Life informed AMP that the RBNZ would not consider Resolution Life's change of control application ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
The Reserve Bank of New Zealand (RBNZ) did as it was expected - it kept the official cash rate unchanged at a record low 1.5% at the conclusion of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out ...

John Key under fire

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... former New Zealand Prime Minister John Key come under fire over governance issues at the bank. The Reserve Bank of New Zealand (RBNZ) is requesting assurance from ANZ that it is operating in a prudential manner in New Zealand by way of an independent ...

Bank chief steps down amid expenses scandal

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... head of commercial then global head of retail and finally stepping into the chief executive role. The Reserve Bank of New Zealand and Australian Prudential Regulation Authority were notified of the change in leadership. Antonia Watson is now acting as ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
... 7 Travel', it would have been better (dare I say, sexier) that instead of a printed statement, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr verbally delivered the news that: "The Official Cash Rate (OCR) has been reduced to 1.5%." "The ...