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Showing 21 - 30 of 937 results for "Financial Institutions"

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... minister for finance Katy Gallagher, additional information must be revealed, including the cash held in financial institutions, the valuation of shares invested in companies, and the level of investments in property and infrastructure. The transparency ...

Goldman Sachs appoints head of equity capital markets

CASSANDRA BALDINI  |  TUESDAY, 3 OCT 2023
... group. He will do this while maintaining his existing coverage responsibilities with select clients in the financial institutions sector. Goldman Sachs co-head of investment banking ANZ and managing director Zac Fletcher congratulated the pair. "Please ...

Global insurers eye private markets, clean energy: BlackRock

ANDREW MCKEAN  |  FRIDAY, 29 SEP 2023
... third intend to dial back on real estate debt, real estate equity, and private equity. BlackRock's head of financial institutions group for APAC Kimberly Kim said: "APAC insurers are increasing their private market allocations for risk-return and diversification." ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2023
... "Super funds should be active investors, not activists, and with regulators stepping up their scrutiny of financial institutions and their ESG bona-fides they must also ensure they don't make exaggerated claims regarding their sustainability practices." ...

BNP Paribas wins UniSuper mandate

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... Paribas' Securities Services will help UniSuper meet its initial margin rules obligations, which require financial institutions to post collateral to back up their non-cleared OTC derivatives trades in order to mitigate counterparty risk. The mandate ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... that come from not resolving an issue in a timely way. If systems have let customers down, we expect all financial institutions, especially our banks, to act quickly to reduce consumer harm." In response, NAB said the issue "related to the incorrect ...

Australian Bond Exchange, Boston Global Group launch fund

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... exposure will be managed using deferred purchase agreements (DPAs) and/or credit instruments issued by financial institutions that pay Australian dollar-denominated returns equivalent to those that would have been payable had the specified debt securities ...

HESTA welcomes head of portfolio design

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
... October. Sandoval brings over 30 years of investment management experience to the role, having worked at financial institutions across the Middle East, the US, Europe, and Latin America. Most recently, Sandoval served as head of markets, asset classes ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... effect. In the first phase, APRA closely monitored the preparations of 15 entities, primarily significant financial institutions (SFIs), through detailed assessments and meetings with board remuneration committee (RemCo) Chairs. The second phase was ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... reasonable standards in managing cyber risks," he notes. And APRA regulations are now designed to make sure that financial institutions know what data they have and test to ensure systems are as secure as possible, with a requirement to report serious ...