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Showing 21 - 30 of 267 results for "California"

Vale Charlie Munger

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... legendary investor and long-time friend Warren Buffett. Berkshire Hathaway said Munger died peacefully at a hospital in California, where he lived. No cause of death was given. "Berkshire Hathaway could not have been built to its present status without ...

CalPERS investment chief tenders resignation

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2023
... 29, citing family reasons for her resignation. Having travelled between the fund's headquarters in Sacramento, California and her home in Toronto, Canada throughout her tenure, she said the decision will allow her to "attend to the immediate needs ...

Spire Capital, Oaktree launch wholesale fund

CHLOE WALKER  |  FRIDAY, 1 SEP 2023
The Spire Oaktree Special Opportunities Fund offers wholesale investors exclusive access to opportunistic credit and special situations. The fund builds on a three-year partnership between Spire Capital (Spire) and Californian-based Oaktree Capital ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... Financial Group chief restructuring officer William Kosturos said at the time. The embattled bank was closed by the California Department of Financial Protection & Innovation and the FDIC was named receiver. The FDIC transferred all deposits-both insured ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... some of its systems being accessed. Last month, the Californian Public Employees' Retirement System (CaliPERS) and the California State Teachers Retirement Systems (CalSTRS) were also hit, with members' personal data obtained when a third-party provider ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... fund has notified members their personal information was stolen in the same breach impacting members of CalPERS. The California State Teachers Retirement System (CalSTRS) told members a vulnerability in file transfer application MOVEit, which it uses ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... one of the world's largest pension funds have had their personal information accessed in a cybersecurity breach. The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their relevant family members that some ...

AEP, GSFM launch Australian film fund

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... administration of the fund. AEP was launched last year and, while based in Melbourne, also has an office in Los Angeles, California. It was founded by Greg Basser, Bob Osher and David Burdge who have over 100 years combined entertainment industry experience ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
The embattled bank was closed by US regulators and sold to JPMorgan Chase, which will assume all its deposits and most of its assets. Californian authorities, alongside the Federal Deposit Insurance Corporation (FDIC), closed the doors to First Republic ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... Treasury Secretary Janet Yellen, about providing liquidity and capital support to regional US banks helped to stabilise California lenders," Felsman said. He explained, off the back of the bailouts, the US share market increased. "Other factors were ...