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

Search Results

Showing 21 - 30 of 189 results for "US Bank"

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... about 2% of its portfolio in the bank. It said it is monitoring its 2% position in First Republic Bank, its only other US bank holding, closely.

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ...

AustralianSuper hires for UK leadership

ELIZABETH FRY  |  FRIDAY, 18 FEB 2022
AustralianSuper has named a head of people and culture, international as it looks to boost its staff numbers offshore. AustralianSuper has appointed Pip Leonard head of people and culture, international ahead of shifting more staff offshore in line ...

Global dividend income growth to continue: Plato

CHLOE WALKER  |  TUESDAY, 25 JAN 2022
Plato Investment Management predicts income from global shares will continue to rise in 2022, following a strong 2021 calendar year. The fund manager's Global Income Report shows dividend income increased in all but one country (Switzerland) when comparing ...

Equities revenue boost for US banks

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
The flurry of share market activity in the last quarter is being reflected in revenue boosts for some of the world's biggest investment banks. Goldman Sachs reported earnings of US$18.60 on revenues of US$17.7 billion. According to eToro analyst Josh ...

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
... Thrivent, TIAA, Voya, MassMutual, Pacific Life and Unum, BMO, Firth Third Bank, Old National Bank, Allianz, Aflac and US Bank. The only Australian company to make the list was Teachers Mutual Bank. There are some unexpected companies on the list. For ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
Australian banks have taken the inauspicious title of second most fined in the world for 2020, according to new data. The research from Finbold found that US banks had to pay the most in fines of anywhere in the world - with 12 fines against US banks ...

Real opportunity for super funds in private assets: Schroders

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
While COVID-19 may have changed the shape of Australian investing, Schroders alternatives director Claire Smith believes there is plenty of opportunity in the private asset market. Smith, speaking at the Australian Institute of Superannuation Trustees ...

S&P kicks companies off ESG index

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAY 2020
The S&P 500 ESG Index has completed its second annual rebalancing since it launched last year, with some surprising companies kicked out. Twitter and Walmart were dropped from the ESG index for failing to meet certain ESG standards while Facebook, which ...