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

Search Results

Showing 21 - 30 of 1920 results for %22Bank of New Zealand%22

NAB, Jarden to launch NZ wealth business

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
National Australia Bank (NAB) and Jarden Wealth (Jarden) will combine their New Zealand wealth advice and asset management businesses into a newly formed entity, FirstCape. The new advice and asset management firm, based in New Zealand, will be formed ...

J.P. Morgan lists fixed income ETFs

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... cycles, this is generally a favourable environment for quality fixed income assets, JPMAM head of wholesale Australia and New Zealand Mark Carlile said. "An active ETF focused on high quality bonds, JPGB invests at least 80% in investment grade bonds ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
In its final decision of the year, the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. The decision to hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. ...

New Zealand sovereign wealth fund appoints acting chief

ANDREW MCKEAN  |  MONDAY, 4 DEC 2023
... year and will exit on December 8. Steed joined the Guardians in July 2021, after serving as chief internal auditor at ASB Bank. She has 25 years' experience in financial services and banking, holding key executive roles in finance and general management ...

AMP adds to board

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... senior executives across various sectors, including financial services. Bailey-Lord previously served on the boards of the Bank of Queensland, Monash College, QBE Insurance (Australia Pacific Operations), Australian Government Solicitor, Trinity College ...

Pendal manager joins Barings

ELIZABETH FRY  |  MONDAY, 4 DEC 2023
... from Pendal, where she spent three years, most recently as a key account executive. Before that, she worked at Commonwealth Bank as a product manager for business clients. Her appointment follows the hiring of Aaron Thirukumar in August. The Dimensional ...

Former JPMAM Australia head joins Nest

KARREN VERGARA  |  TUESDAY, 28 NOV 2023
... Pacific at Citi Alternative Investments in Singapore. She was also head of alternatives distribution, EMEA at Citigroup Private Bank and held senior roles at Bankers Trust. Since leaving JPMAM in 2021, Farrell has worked part-time as an advisory board ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... software-as-a-service companies to climate tech. HSBC tech sector lead for Australia and New Zealand Alan Watters told Financial Standard the bank has already provided venture debt to two Australian start-ups using its US balance sheet. "So, we knew ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... Aligned Alternatives (AAA) strategy to the Australian market. Both parties also announced a joint venture to build a non-bank lending platform in Australia and New Zealand in February. "Challenger is very pleased to have expanded our relationship with ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ...