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Showing 501 - 510 of 5968 results for "banks"

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
Global activity is already slowing, as central banks continue to indicate that a further deceleration is needed to lower inflation, report said. According to UBS Asset Management's Panorama mid-year outlook, titled Inflation: Rising to the Challenge ...

Natalie Cameron named AFCA lead ombudsman

ANDREW MCKEAN  |  THURSDAY, 7 JUL 2022
... complaints AFCA registers annually from this sector. "Natalie will have the opportunity to influence practice by working with banks and financial institutions in areas such as financial difficulty and vulnerable customers," he said. Cameron said it was ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... responsible for policy development and the effective supervision across asset management, alternative investments, custody banks and investment research. FCA said in a statement it's expanding headcount to meet a growing remit and achieve its strategy ...

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 ...