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Showing 521 - 530 of 851 results for "Global financial crisis"

S&P downgrades US bank ratings

CLAIRE MCGREAL  |  WEDNESDAY, 30 NOV 2011
... criteria reflected the "period of transition" of the banking sector, which is "reinventing itself" after the global financial crisis. Jayan Dhru, global head of Financial Services at the agency said the new criteria would provide a "coherent globally ...

SSgA: Minimise volatilty to protect vulnerable investors

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
... difficult for superannuation funds whose members are more sensitive to market fluctuations. "Following the global financial crisis, super investors are more sensitive to market declines especially immediately prior to their retirement. This is likely ...

Doubt over CGT relief delaying fund mergers

RACHEL DAVIS  |  MONDAY, 21 NOV 2011
... it's very hard to argue that a merger is in the best interests of members," Reynolds said. Following the global financial crisis, the Government provided tax relief on capital gains and losses for super funds involved in mergers, before removing the ...

Flight to quality boosts PIMCO inflows

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
... investment management firm said monthly amounts invested in its funds have risen ten-fold compared to pre-global financial crisis levels. PIMCO said the best month for inflows was July, which was nearly double the worst period during the height of the ...

APRA: Investment world still clouded with uncertainty

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
... insurance and reinsurance companies, were in 'good shape' at year end. But the APRA chair warned that the global financial crisis was not over. "The implications of these developments for the Australian economy are not yet clear but what is obvious is ...

ASIC appoints two new commissioners

CLAIRE MCGREAL  |  FRIDAY, 21 OCT 2011
... particularly through a period of parliamentary scrutiny and, more generally, during the challenges of the Global Financial Crisis." Peter Kell first joined the regulator in 1998 when he served as executive director of consumer protection and ASIC's NSW ...

Asia-Pacific's HNWIs second largest in the world

CLAIRE MCGREAL  |  MONDAY, 17 OCT 2011
... for HNWI wealth and population, the region's HNWI numbers are also 18.3% larger than 2007, prior to the global financial crisis.

APRA executive appointed secretary general of Basel

CLAIRE MCGREAL  |  FRIDAY, 14 OCT 2011
... his leadership role in ensuring that Australia's large and complex financial institutions handled the global financial crisis and other shocks successfully," said APRA chairman John Laker. "It is also a recognition of APRA's strong standing internationally ...

Volcker Rule could slash Wall Street incomes 25%

ALEX DUNNIN  |  THURSDAY, 13 OCT 2011
... Rules', were proposed by economist and former chairman of the US Federal Reserve Paul Volcker following the global financial crisis and endorsed by President Obama in January last year. They contain four core elements. First, limit the ability of banks ...

Cash sector surges beyond super

MATT WOODINGTON  |  TUESDAY, 27 SEP 2011
Nervous investors have been flooding money into the safety of bank deposits since the global financial crisis. This has pushed the deposit sector to a record $1.5 trillion, building a clear lead over the $1.4 trillion superannuation savings pool. Super ...