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Showing 451 - 460 of 4299 results for "Bank of"

Increased scrutiny on private credit

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
The lending market maintains a cautionary tone amidst inflation and interest rate rises, according to Hamilton Lane head of global investment strategy and co-head of investments Drew Schardt. "Over the past couple of years, in the lead-up to the onset ...

Cboe Australia, XTB launch retail corporate bonds

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... commenced trading on Cboe Australia today and will provide retail investors with access to corporate bonds from Aurizon Bank of Queensland (BOQ), Coles, and Qantas. Cboe Australia said the asset class is important but is "often overlooked" and unlike ...

Perpetual welcomes Pendal board members

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
... investment firm and is the independent chair of CBA New Digital Businesses Pty Limited, a subsidiary of the Commonwealth Bank of Australia. Meanwhile, New York-based Jones brings over 35 years of experience in the financial services industry. Most recently ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
Commonwealth Bank of Australia (CBA) has increased the limit of indemnity provided to Countplus, from $300 million to $520 million. CBA said the purpose of the increased limit was to cover certain remediation activities that were identified at the time ...

Super system shields against macro storm: Fundie

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
... view but whether we get a technical recession, I think it's incredibly hard to call from here." Yesterday the Reserve Bank of Australia (RBA) hiked cash rates a further 25bp to 3.10%. "And it looks like they're signaling that they're going ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
As forecast, the Reserve Bank of Australia (RBA) has lifted the cash rate by another 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... an eighth consecutive rate rise. Finder head of consumer research Graham Cook said it's almost certain that the Reserve Bank of Australia (RBA) will deliver another blow which could well be the final nail in the coffin for many Australian households. ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
The Federal Court has dismissed proceedings brought by ASIC against the Commonwealth Bank of Australia (CBA) over fees. The court dropped allegations that the bank engaged in misleading or deceptive conduct, made false or misleading representations ...

BOQ boss departs suddenly

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
The search for a new chief executive is underway at the Bank of Queensland (BOQ) following today's sudden departure of George Frazis. BOQ chair Patrick Allaway has stepped into the executive chair role while the bank commences its domestic and international ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... invested capital remains split between equities and unlisted assets. "We're not changing our strategy because the Reserve Bank of Australia or the US Fed is printing this number or that one although we might be more concerned if we were investors ...