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Showing 781 - 790 of 4302 results for "Bank of"

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... investors' continued sense of caution amid the lingering uncertainty surrounding the pandemic so much so that the Bank of England (BOE) and the Exchequer remain on their toes. While the BOE kept the bank rate unchanged at a record low 0.1% at its ...

NAB Private executive departs

KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
... South Wales general manager in the private wealth division in 2014. He had previously worked as head of capital markets at Bank of America Merrill Lynch (Australia) in Sydney, where he sat on the executive committee. He is a qualified chartered accountant ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings ...

New private debt fund

KANIKA SOOD  |  MONDAY, 6 JUL 2020
... the minimum investment size set at $1000. The Metrics Direct Income Fund is targeting 3.25% per year above the Reserve Bank of Australia cash rate, with monthly income. The new fund, which has a minimum investment size of $1000, will act as a wholesale ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... 2.5% in 2020 from 2.4%. What could be better for the Australian equity market? What's better was that the Reserve Bank of Australia (RBA) also lowered interest rates - it cut three times in 2019 (June, July and October) taking the official cash rate ...

Former BMO head joins big four executive line-up

ALLY SELBY  |  MONDAY, 29 JUN 2020
A former business banking head at the Bank of Montreal will relocate to Australia, after he nabbed a role as the group executive of business and private banking at one of the country's big four banks. Andrew Irvine has been appointed in the role at ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... this up with Rupiah 20 lakh crore (trillion) -- USD 260 billion - equivalent to 10% of Indian GDP, on May 12. The Reserve Bank of India (RBI) also went to work, cutting its benchmark repo rate and the reverse repo rate by 75 bps each to 4.4% and 4.15% ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... (single-hit) and -8.4% (double-hit) for the US. But it's not luck, it's the Federal Government and the Reserve Bank of Australia's (RBA) early and pro-active intervention policies. The coronavirus pandemic has freed the Morrison government ...

Super fund names head of portfolio design

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... today. Weston has held a range of significant roles in financial services and joins HESTA after 15 years at the Reserve Bank of Australia followed by chief investment officer positions with AMP Life and Genworth Australia. Prior to joining HESTA, Weston ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... purchasing managers' surveys, both the services and manufacturing PMI remain in contraction (below 50). This would keep the Bank of Japan (BOJ) from achieving its 2% inflation target. Latest stats show that Japanese headline CPI inflation remained ...