Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 17089 results for "Bank"

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... weakening labour market, it makes sense for the Fed to start normalising interest rates and monetary policy." Commonwealth Bank senior economist Belinda Allen said that if inflation returns to target, the Fed's priority should shift to jump-starting ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... can talk to their manager about what they're going through. In recent times, the likes of Cbus, Aware Super, NAB and Police Bank have introduced 12 days of paid menopause and menstruation leave per year as part of a broader framework that provides support ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... banks are good at alerting us and are often able to stop the fraud very quickly. "Unfortunately, this is not the case with bank transfers, which is where most fraud is happening." Rao said measures that alert consumers that the account they may be transferring ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... the federal government's 2023 Intergenerational Report (IGR), Retirement Income Review, and current midpoint of the Reserve Bank of Australia's target range for consumer price inflation. ASIC said it will review the default inflation rates and amend ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...

Dimensional hires institutional sales lead

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... spent three years at Merrill Lynch's London office and about the same amount of time at Philadelphia's CoreStates Bank. Dimensional's client group head Nathan Krieger welcomed Bjarnason to the team. "Dimensional has a decades-long history ...

Northern Trust expands fixed income trading capability

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
Northern Trust has launched its Integrated Trading Solutions (ITS) fixed income outsourced trading capability in the Asia Pacific (APAC) region. The expanded offering, provided through Northern Trust Securities in Australia, targets fixed income trading ...

Lazard AM brings Japanese equities fund to Australia

MATTHEW WAI  |  THURSDAY, 12 SEP 2024
Lazard Asset Management has launched a Japanese equities fund to local investors. The Lazard Japanese Strategic Equity Fund invests in "undervalued" opportunities in Japanese equities, and aims to achieve a total return that exceeds that of the Tokyo ...

New global chiefs for abrdn, Schroders

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
UK fund managers abrdn and Schroders named their new respective chief executives, both of whom were promoted to the top job. abrdn made Jason Windsor its permanent chief executive after he took the post in an acting capacity in June from Stephen Bird. ...

TradingHub makes Australian debut

MATTHEW WAI  |  TUESDAY, 10 SEP 2024
... management, Shayne Ganeson. McNeil boasts over 25 years of experience in fixed income sales at Merrill Lynch, Nomura and Deutsche Bank before joining TradingHub in 2018. Farr was occupied at a senior role in risk management at the ASX and most recently ...