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Showing 681 - 690 of 6445 results for "Fed"

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
For most of us, women's reproductive concerns remain taboo in the workplace. However, with menopause estimated to be robbing women of at least $17 billion in retirement, calls for mandated menopause leave are growing. It's commonly accepted ...

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
Recent developments in Australia have brought some positive changes for advancing women's rights and gender equality. In recent time, the government has taken concrete steps towards creating a more equitable society, implementing initiatives aimed at ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
UBS has agreed to acquire the embattled Credit Suisse for $4.8 billion. As part of the deal, the Swiss National Bank (SNB) will provide an additional $160 billion (CHF 100 billion)) in liquidity assistance to support the merge. UBS plans to appoint ...

Spotlight shines brighter on climate reporting: Expert

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
Asset owners must be mindful of increasing regulatory and legislative pressures that will soon sharpen their ability to provide quality and accurate climate disclosure reports, according to an expert. FS Sustainability managing editor Rachel Alembakis ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
In his annual letter to investors, BlackRock chair Larry Fink has said it's unclear what impact the collapse of Silicon Valley Bank and others this past week will truly have, saying they are just one element of the "price we're paying for decades ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... the back of that, we saw Euro shares fall quite sharply, down 6.9% making it the biggest fall in about four months and that fed into concerns globally and we saw Wall Street impacted as well." Felsman explained this is a separate issue from the United ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... standards will likely tighten further, which will constrain economic growth, reduce inflation and make it less necessary for the Fed to continue raising interest rates. As a result, customers will have less incentive to move deposits into higher-earning ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... Silicon Valley Bank demand a thorough, transparent, and swift review by the Federal Reserve," said chair Jerome Powell. The Fed advised the review report will be released at the start of May. "We need to have humility and conduct a careful and thorough ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... exposures to the Silicon Valley Bank failure. Early this morning, a joint statement from US Treasury secretary Janet Yellen, Fed chair Jerome Powell and Federal Deposit Insurance chair Martin Gruenberg announced all insured depositors in Silicon Valley ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
ANZ has copped a $10 million penalty for its home loan referral program that breached consumer credit protection laws. The Federal Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for ...