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Showing 481 - 490 of 5942 results for "Banks"

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
State Super has added to its board, appointing a former Commonwealth Bank and Westpac executive. Cathy Yuncken joined the State Super board last month, adding more than 30 years' experience in financial services. She is currently managing director of ...

Arrowpoint Capital launches $100m corporate debt fund

CHLOE WALKER  |  WEDNESDAY, 22 JUN 2022
... The Australian-based corporate lender aims to take advantage of the large funding gap that exists between what the major banks can provide and the strong and growing demand from corporate borrowers. Its inaugural fund has been underpinned by more than ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... environment. "Inflation's certainly here to stay in the near term," QIC chief economist Matthew Peter said. "The central banks aren't going to get a lot of signal from prices for inflation to alter their path. So we're going to see sustained ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... report said that the total projected cost of financial crime compliance across APAC firms is $50.1 billion for 2022; large banks represent 80% of this. The average annual cost of compliance per financial institution is highest for mid to large banks ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months. Quickly following ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... continued: "Real household incomes are under pressure in many economies and financial conditions are tightening, as central banks withdraw monetary policy support in response to broad-based inflation. There are also ongoing uncertainties related to Covid ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... may stick to a standard 0.25 percentage point hike, but there's every chance it will be more hard-hitting. "Central banks across the world are struggling to get on top of inflation, and the Reserve Bank of Australia does not want to be one of them. ...

Lifespan partners with OpenInvest to launch advice solution

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... now - via OpenInvest technology - able to reach a much larger audience with their expertise." Ardino added: "Because the banks have all exited financial advice - unless you're extremely wealthy - it leaves an even larger vacuum that unfortunately has ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... changes in monetary policy work with lags that will show up over coming months and quarters. "The difficulty is central banks must respond to the here and now, and Australia's annual headline CPI of 5.1% cannot be dismissed easily," he said. "The monetary ...

Investors Mutual, Vaughan Nelson partner

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
... so much more opportunity outside the Australian market which is quite concentrated, about 50% of it is in materials and banks so with exposure to global small caps, you get exposure to a whole range of new sectors, new geography, and also different economic ...