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| | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... where she was associate director, financials on the firm's on the institutional desk, advising large institutions on banks, insurers and diversified financials. Prior to this, she was a senior analyst with Ownership Matters, a corporate governance ... |
| | | | ... households and businesses in most jurisdictions have entered the interest rate tightening cycle with strong balance sheets and banks are well capitalised. This is also the case in Australia. However, the combination of higher interest rates and inflation ... |
| | | | ... and households, skills shortages, concern about competition, uneven performance across superannuation funds, failing neo banks, the rise of social media finfluencers, and corporate greenwashing activities. In the wake of the Optus breach, he added that ... |
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