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Showing 481 - 490 of 5945 results for "banks"

MSCI launches emissions measuring tool

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... scrutiny on financial institutions to measure climate risk across their investment portfolios. "These institutions (such as banks, insurers and asset managers) may need to take urgent action to accelerate progress on their climate journey. Total Portfolio ...

Dodge volatility, invest in global equities: Report

CASSANDRA BALDINI  |  TUESDAY, 5 JUL 2022
... interest margins, fears of a surge in non-performing loans as rates rise have partially overwhelmed the good news. "Our view on banks is that the need to provision for bad loans will increase, but it's coming off very low levels and thus we will see ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... Central Bank has markedly revised down its forecasts for growth in the next two years. At the UBS panel discussion of central banks and inflation, Reserve Bank of Australia (RBA) governor Phillip Lowe commented: "I'm not expecting a recession but we're ...

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. ...