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Showing 431 - 440 of 5942 results for "Banks"

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... Australia due to energy prices not doubling as we've seen in Europe. Wage growth remaining lower, money tightening by central banks (risking a sharp slowing in global growth and inflationary pressure) as well as US upstream price pressure slowing will ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
... demand enormous investment, which will be channelled through the markets and entities regulated by ASIC." Longo said central banks "now suggest that climate policy sits alongside fiscal and monetary policy, as the third pillar of macro-economic policy." ...

Central banks to tighten on all sides: BlackRock

CHLOE WALKER  |  TUESDAY, 1 NOV 2022
All eyes are on the Fed as it's set for another fourth straight 75bp hike, and central banks are taking a "whatever it takes" approach to pushing inflation back down to their targets, according to the BlackRock Investment Institute (BII). The European ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... cash rate steady. Survey participant and University of Sydney associate professor Mark Melatos said: "Like most central banks, the RBA was slow to recognise the inflation threat and its policy settings need to catch-up to the inflation reality." "Moreover ...

T. Rowe Price appoints head of APAC distribution

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... intermediary distribution teams in Hong Kong and Singapore. T. Rowe Price said Lee will deepen the firm's partnerships with private banks, retail banks and insurance companies. Also, Sae Joon Choi was named head of Southeast Asia and Korea institutional ...

KKR, Mubadala in $1.6bn APAC partnership

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... companies, sponsors, and entrepreneurs face challenges accessing flexible financing due to limited supply of capital from banks and non-bank lenders," the two parties said. "The partnership between Mubadala and KKR aims to address this shortage of flexible ...

Separation of ANZ P&I business completes

JAMIE WILLIAMSON  |  MONDAY, 24 OCT 2022
... 589 applications were separated from ANZ. "This is a momentous achievement for our organisation and the industry as major banks exit from wealth management to simplify their businesses. We're thrilled to have successfully completed the P&I cutover and ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... changes, policymakers must continuously evaluate whether resolution-related standards and prudential standards for large banks keep pace." Separately, Fed vice chair Lael Brainard raised concerns about the increased banking concentration in the $250-$700 ...

Global X drops management fees

CHLOE WALKER  |  WEDNESDAY, 12 OCT 2022
... that while he understands fixed income markets are difficult globally, given the toll inflation and coordinated central banks rate action is taking on markets and the broader economy, he still sees opportunities. The Global X US Treasury Bond ETF (Currency ...