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

Search Results

Showing 51 - 60 of 521 results for "Banking Sector"

Super leaders recognised

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
... AIST. Meanwhile, Nancy Fox received a member of the order of Australia for significant service to the financial and banking sector, and to women in business. Fox is a non-executive director Lawcover Insurance, Perpetual, ING Australia and a member of ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... Management senior portfolio manager Peter Gardner said the writeback in provisions is a positive outlook for the banking sector. "The significant write back of provisions by Westpac is something investors should see repeated across the board and while ...

Schroders adds to private debt team

ELIZA BAVIN  |  TUESDAY, 12 JAN 2021
... and execution of loans benefiting Northern Australia. Prior to that, Hallam spent over 30 years in Australia's banking sector including holding senior roles at Macquarie Bank and RBC Capital Markets. Kidd said his significant experience in financial ...

RBA adds former BT director to board

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
The Morrison government has made two new appointments to the board of the Reserve Bank of Australia (RBA). Alison Watkins and Carolyn Hewson have been appointed members of the RBA board for a five-year period. Hewson is a former investment banker with ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... top 10 stocks account for about 35% of each funds' value in the asset class. Super funds own about 20% of the banking sector, Rainmaker estimates. Among global equities, top picks were also similar with eight of the top 10 of most funds being technology ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... also pointed to the distribution of debt across households saying it has contrasting implications for risks to the banking sector and household consumption. "We show that aggregate bank losses are higher when risks are concentrated among a small group ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... temporarily impacted by COVID-19. "This will help to avoid unnecessary hardship and foreclosures, and allow the banking sector to work with its customers to find the best solution to manage their debts." The prudential regulator recommended banks have ...

Law firm bolsters financial services team

ELIZA BAVIN  |  FRIDAY, 15 MAY 2020
... supervision, consolidation, competition from technology firms entering the financial sector and with the opening up of the banking sector, and an increased focus on putting customers at the heart of the business - all set within a challenging market ...

Best, worst performing Aussie equities funds

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... maintains a high-conviction portfolio, with an unwaveringly large exposure to the economically exposed domestic banking sector, specifically CBA, Westpac, and ANZ. Yarra also held large positions in infrastructure toll-road stocks Transurban and Atlas ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... and exiting the outperformers is an approach that we have found has worked well in these type of markets." The banking sector is posed for significant losses, Potter said. "Banks are highly leveraged with both financial and operational gearing, so a ...