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Showing 451 - 460 of 5942 results for "Banks"

Lack of transparency hindering access to financial services: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... LexisNexis Risk Solutions has revealed the results of its 2022 Financial Transparency and Inclusion Report, which surveyed banks, insurers and non-bank financial institutions across 13 countries and regions. According to the report, 69% of respondents ...

Local head named for BNP Paribas custody business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... custodian said. It follows Braga's departure in December 2021. Since, the business' chief operating officer David Banks has also been serving as acting head of Australia and New Zealand. Cheever was most recently head of global services for Australia ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
APRA has outlined plans for its multi-year program to modernise the architecture of prudential standards for banks, insurers, and super funds. The program, which commenced last year, is intended to ensure the framework continues to underpin financial ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
APRA has begun consulting on new prudential standards to strengthen the financial crisis response of banks, insurers and superannuation trustees. The regulator said the two proposed standards are aimed at ensuring entities are prepared to deal with ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... mid-2023." QIC chief economist Mathew Peter said: "The RBA is now committed to lowering inflation, as are most other central banks. The Jackson Hole pronouncements have given the RBA little choice other than to raise rates by another 50 basis points ...

Defensive equities strategies protect against downturn: Report

CASSANDRA BALDINI  |  MONDAY, 5 SEP 2022
... various forms are expected to hold up relatively well under inflationary conditions, the outcomes depend on whether central banks are able to engineer a soft landing," the report said. The report concluded while defensive strategies have proven their ...

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... liquidity risk management and reporting. At the time APRA Deputy Chair John Lonsdale said: "Under APRA's liquidity requirements, banks must maintain a sound liquidity risk management framework, ensuring accurate calculation of the LCR and NSFR. While ...

Future Fund assets drop to $194.4bn

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... global equities and global bonds both fell over 10% during the year and that is because inflation is rising and central banks around the world are responding by rising interest rates which in turn is hitting asset values," he said. "To preserve the capital ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... review's proposals to weaken consumer protections will fuel a revival of vertical integration, by making it easier for large banks and super funds to use their data to flog products to existing customers. This will have a serious impact on competition ...

Equity Trustees celebrates new mandate

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
... companies in Australia and across Asia Pacific, TCP's objective is to fill that financing gap for companies as traditional banks experience reduced appetite for lending to mid-market corporates amid tight regulatory capital requirements. "This fund also ...