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

Search Results

Showing 401 - 410 of 5122 results for "Street"

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... clarified in its 2020 annual members' meeting that it previously had a securities lending arrangement in place with State Street Bank and Trust Company which ended on 27 April 2020. "Through this arrangement, QSuper acted as the lender, earning a fee ...

Global investor confidence suffers

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
... decreased since the start of the year, with large drops in Asia and Europe dragging down the index, according to State Street. The Global Investor Confidence Index decreased to 91.9, down 8.9 points from January's revised reading of 100.8. The decline ...

CPP Investments chief steps down

KARREN VERGARA  |  MONDAY, 1 MAR 2021
... shortly after he "decided to travel personally" to the United Arab Emirates to be vaccinated against COVID-19. The Wall Street Journal reported on February 25 that Machin travelled to the UAE for the jab; he resigned one day later following a discussion ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... preparing the markets in September of that year for a further three more quarter-point increases in 2019, the slide on Wall Street dictated policy and forced the Fed to pivot from aggressive policy tightening to easing - it lowered the fed funds rate ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

J.P. Morgan custody exec retires

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... to 20 years at J.P. Morgan, which is the largest custodian in Australia. Prior to this, he spent about 12 years at State Street in Australia, heading sales in the custody business. He has also served as the chair of the industry association. "Bryan is ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... will move to Northern Trust. The rest of the top 10 comprised: NAB Asset Servicing ($538.5bn), BNP Paribas ($475bn), State Street ($460.7bn), HSBC ($196.1bn), Clearstream ($70.9bn), Netwealth ($38.8bn) and BNY Mellon ($25.9bn). With total assets under ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and higher to new highs. The S&P ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... lingering uncertainty provides fodder for a bearish narrative for the year 2021. Yet, equity markets are rallying. Wall Street continues to register fresh highs, pulling up 'the others' along with it, powered by fiscal and monetary policy largesse... ...

Rest extends State Street relationship

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
The $59 billion industry fund has mandated its custodian State Street to streamline operations in its investment portfolio. Rest will implement Charles River Development Investment Management Solution (IMS) for in-house investments and 'whole-of-fund' ...