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Showing 621 - 630 of 4301 results for "Bank of"

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... suicide. Victoria's state government could even decide to loosen its budget spending. And then, there's the Reserve Bank of Australia (RBA). At its May Board meeting, it hinted that it could start tapering its bond purchases in July. This now ...

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... the first return of the matter is yet to be set, with further details to follow that hearing, ASIC said. In February, Bank of Queensland bought ME Bank for $1.325 billion in cash, or 1.15 times ME's net tangible assets. The transaction is to finalise ...

Citi bolsters equities team

ELIZABETH MCARTHUR  |  THURSDAY, 27 MAY 2021
... prime and FCX on its platform. Nissan will also assist with expanding Citi's custody business after it acquired Royal Bank of Canada's custody business last year, making it the third largest custodian in Australia. ESG analyst Hayley McGuiness will join ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
The Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 0.25%, maintained the existing LSAP programme, and retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... escaped a fine because it did not generate any net turnover in the last business year which served as a cap to the fine. Bank of America and Natixis are not fined either because their infringement fell outside the five-year limitation period for imposition ...

MLC appoints co-head of private equity

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... director and head of investment review team at Temasek in Singapore. Prior to this, he held senior roles at Commonwealth Bank of Australia, Macquarie, Deutsche and Merrill Lynch. He commences in his new role mid-June. Herchel will continue to drive the ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... made stronger by additional spending announced in the budget and continued monetary policy accommodation by the Reserve Bank of Australia (RBA). Too much of a good thing (stronger growth) isn't a good thing (rising inflationary pressures). Markit ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... advertisements surging, it might not be long until Australia sees the unemployment rate fall below 5.0%, earlier than the Reserve Bank of Australia's (RBA) forecast - 5.0% at the end of 2021 and 4.75% by June next year.

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... annual rate of growth (1.5%) since the commencement of the series" from 1.6% in the December 2000 quarter. The Reserve Bank of Australia anticipated this in its April missive, saying: "...wage and price pressures are subdued and are expected to remain ...

BTIG names co-heads of APAC

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
... brokerage services firm. In Sydney, the firm recently hired Sam Coates, former head of European sales trading at Royal Bank of Canada in London, as managing director of international equities.