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Showing 451 - 460 of 4759 results for "Banking"

TAA urges active recruitment for industry sustainability

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... said. "Graduates of study areas such as mathematics, computing and information systems, accounting, business management, banking and finance, economics, and law had short-term, full-time employment outcomes of around 80%." One area that needs to be improved ...

Link Group agrees to sell BCM arm

CHLOE WALKER  |  FRIDAY, 17 MAR 2023
Link Group has sold its banking and credit management (BCM) business for cash consideration up to $48 million to Irish firm LC Financial Holdings (LCFH). The transaction is expected to complete in the second half of the year, subject to the Financial ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... don't know yet whether the consequences of easy money and regulatory changes will cascade throughout the U.S. regional banking sector (akin to the S&L Crisis) with more seizures and shutdowns coming," Fink said. "It does seem inevitable that some ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... down 5.2% overnight to a 15-month low," Felsman explained. He said this is due to concerns around risk assets with the banking sector but also around economic activity, weakening demand. "So, the energy sector is actually down 3.8% and today is the biggest ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... identity. The company's name has been updated to Global Business Solutions Technology from its previous acronym, Global Banking Systems Technology. GBST global chief executive Robert DeDominicis told Financial Standard, the rebrand is very fitting ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
The failure of Silicon Valley Bank (SVB) doesn't point to a systemic issue, however the banking crisis in the US may be far from over, experts say. The failure of SVB was mainly due to an asset-liability mismatch, which resulted in material losses ...

Australian Ethical adds to leadership team

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... billion Clean Energy Finance Corporation has more than three decades of experience in investment management and investment banking across Europe and Australia. Other global organisations he has worked for include Hastings, Westpac, ABN Amro, Macquarie ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... HSBC has leapt to the rescue and purchased the embattled Silicon Valley Bank's (SVB) UK arm for a total sum of £1. The banking giant yesterday announced its UK ring-fenced subsidiary, HSBC UK Bank, would make the purchase, which excluded the assets ...

CALI hires policy director from FPA

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... organisation, which aims to be the progressive voice for life insurance in Australia. Cupitt spent eight years at the Australian Banking Association (ABA) where she held various roles, most recently as the chief of policy and strategy. Marshan and Johnston ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... current balances. Now it just represents 2% and 11%, respectively, as of November 2022, a level considerably lower than the banking (ADI) sector. And we note most loans of LTV > 80% would be subject to lenders mortgage insurance (LMI)," the whitepaper ...