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Showing 61 - 70 of 848 results for "Global Financial Crisis"

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... to local communities and to the financial system," the notice said. However, as demonstrated during the global financial crisis, there were limited and objectionable options available to the FDIC for resolving the largest failed insured depository institutions ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... in 2021 to 3.2% in 2022 and 2.7% in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the Covid pandemic. The IMF also said: "Global inflation is forecast to rise from 4.7% in 2021 to 8.8% ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. The Fed said it is highly attentive to inflation risks and is strongly committed to returning inflation to its 2% objective. ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... investment scheme that sought to take advantage of the significant drop in house prices in the US during the Global Financial Crisis. It was determined that the six representatives did not conduct a reasonable investigation of the clients' circumstances ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... reported an annual return of -2.73% for its Balanced MySuper option - its first negative return since the Global Financial Crisis. Meanwhile, according to Rainmaker Information data, AustralianSuper's bump in investment fees on its MySuper option ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
... be 10 consecutive years. The 15-year period was selected as it covers significant events, including the Global Financial Crisis, Treasury said. This proposal is a win for female advisers as they are more likely to be working part-time or to have spent ...

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... only asset class to generate a positive return in FY22 was cash - a title it hasn't held since the Global Financial Crisis. Vanguard has released its 2022 Index Chart, capturing every major asset class over the last 30 years. The data shows that ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... known for her time as senior executive leader, investment banking at ASIC in the lead up to and during the Global Financial Crisis. She was also involved in the Capability Review of the regulator in 2016. She has also previously served as global head ...

Median MySuper returns of -2.8% expected

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... reports an annual return of -2.73% for its Balanced MySuper option - its first negative return since the Global Financial Crisis. More than 90% of the fund's members are invested in this option. Reflecting the impact of the GFC, Rainmaker's data shows ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... monetary and fiscal policy. "We're used to monetary policy being there. In the past, if there was a global financial crisis or a market sell down, we had the Fed foot to central banks, pumping liquidity into the system and cutting rates to zero. ...