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Showing 561 - 570 of 4301 results for "Bank of"

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
Commonwealth Bank of Australia (CBA) today announced all regulatory approvals have been received for the sale of a 55% interest in Colonial First State (CFS) to leading global investment firm KKR. The transaction is expected to complete on 1 December ...

Treasurer announces FIRB, RBA appointments

CHLOE WALKER  |  MONDAY, 22 NOV 2021
Treasury has announced new appointments to the Foreign Investment Review Board and the Reserve Bank of Australia Carolyn Kay has been appointed a part-time member of the Foreign Investment Review Board for a five-year term by the Morrison government ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... at bay. Some central banks have already raised interest rates, others "tapered" their bond purchases, and the Reserve Bank of Australia (RBA) ditched its target to keep the April 2024 Australian government bond yield at 10 basis points at its November ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
Did the Reserve Bank of Australia (RBA) jump or was pushed by the bond market to scrap its target to keep the April 2024 Australian government bond yield at 10 basis points. The answer to this question becomes important because it would dictate future ...

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
... Australian Prudential Regulation Authority and the input of relevant experts from across the CFR, including the Reserve Bank of Australia." The first reports from super funds are due by 31 March 2022, with funds to disclose their holdings every six months ...

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... previously with RBC Investor & Treasury Services, which has exited operations in Australia following parent company Royal Bank of Canada's decision in 2019. Citi's custody and fund services business added 24 new clients in the past 18 months ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... inflation across the globe has had financial markets bring forward rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from 0.25% to ...

Daintree Capital lists active hybrid ETF

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... hybrid exposures," Daintree portfolio manager Brad Dunn said. Some of the hybrids include those from global banks including Bank of America, Credit Suisse, Lloyd's Bank and ING Group and the investment team uses cost-effective hedges to reduce volatility ...

Goldman Sachs promotes five in ANZ

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
... Australia and New Zealand and has been in that role for more than 14 years. He was previously an economist at the Reserve Bank of Australia and NSW Treasury. Chong is head of industrials for Australia and New Zealand and has been with the firm for more ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... inflation rate soared to 4.9% in the third quarter of this year (from 3.3% in the June quarter) - both more than the Reserve Bank of New Zealand's (RBNZ) remit requiring the central bank to keep inflation within the 1% to 3%. What's the RBNZ ...