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Showing 441 - 450 of 5968 results for "banks"

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
... members first and actually respond to complaints on time. Perversely, super funds lobbied for longer response times than banks and insurers and now we find they can't even keep to these generous timeframes." In selecting the trustees for the review ...

2023 the year for fixed income: Schroders

CHLOE WALKER  |  THURSDAY, 8 DEC 2022
... looking to fund managers for active strategies to deal with such a challenging environment. "This year, we have seen central banks embark on the most aggressive tightening cycle ever, and it's only now that we're starting to see a peak in underlying ...

Super system shields against macro storm: Fundie

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
... the US. "I think it's really a difficult call," he said. "The existential question at the moment is how far central banks will have to push interest rates to get inflation under control. And the higher they push interest rates, the bigger the risk ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... global recession." "The RBA's hand is likely to be forced by increasingly aggressive tightening actions by other central banks. This means the cash rate will likely need to be raised steadily in the near future with a likely pause early 2023 as the ...

Pallas Capital, Credit Suisse launch NZ funding trust

CHLOE WALKER  |  MONDAY, 5 DEC 2022
... CRE loans offered by our PFT vehicles provide crucial support to our SME borrowers at a time when loans from traditional banks, and other non-bank lenders, are harder to obtain and carry more onerous loan terms." He added that the market segment serviced ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... conditions at hand the sector will need to continue its focus on loyal customer base, increasing wealth for customers and banks and continue to digitise operation," explained Peters.

Still potential for dividends growth: Ausbil

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... ability to distribute franking credits through off-market buybacks." Price noted in recent years, resources companies overtook banks for the sheer quantum of dividends they paid on the back of strong global demand and bank dividends being reduced during ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... management because it's better to mitigate risk before it crystallises. "While APRA has the ability to compel answers from the banks, insurers and superannuation trustees we regulate when things go wrong, we expect to see questions being asked and answered ...

Mutuals' assets increase, profits declines: KPMG

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
Australia's mutual banks, building societies and credit unions (the mutuals) increased in net assets but fell in profitability over FY22. According to KPMG Mutuals Industry Review 2022, net assets jumped 7.8% to $11.2 billion, up from 5.5% growth ...

Sovereign wealth funds increase investment horizons, private market exposure

ANDREW MCKEAN  |  FRIDAY, 25 NOV 2022
... investment officers, heads of asset classes and senior portfolio strategists at 81 sovereign wealth funds, and 58 central banks, managing a combined US$23 trillion also found that allocations to fixed income fell, while equity allocations increased. ...