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Showing 61 - 70 of 2971 results for "Overnight"

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
... also worried about the impact on retail clients who have an investment timeframe of around one to three years. "Where overnight financing fees charged for such periods may be significant in aggregate and affect the potential to profit from a CFD position ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... Aird further signaled it's unlikely that the budget will include measures that "raise the dial" in the short term. Overnight the European Central Bank also increased its rates by 25 bps to 3.75% in an attempt to halt inflation. In our own backyard ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... recover from large losses resulting from investments in Silicon Valley Bank, Signature Bank and First Republic Bank. Overnight, Magnus Billing was axed as chief executive with immediate effect. He has been replaced by Katarina Thorslund, the fund's deputy ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... 300,000 users. Javice, who had been brought on as head of student solutions, was terminated by JPMorgan in November 2022. Overnight, the Securities and Exchange Commission charged Javice with fraud, specifically violating the antifraud provisions of ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... slow the economy. "Enough to get inflation to fall to its 2-3% target but without delivering a recession," he said. Overnight, the Bank of England opted to raise interest rates, hiking them a further 25 basis points to 4.25%.

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
The ASX rebounded slightly this morning following the overnight bailouts of First Republic Bank and Credit Suisse, but has since remained unsteady. This mornings slight jump - 0.3% - was pretty modest, CommSec senior economist Ryan Felsman told Financial ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... selloffs across financial markets due to investor risk aversion, owing to Credit Suisse's share price dropping 24% overnight. "A couple of days ago, the bank released its annual report for 2022 and in that annual report, it pointed to some financial ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... The US government and regulators are trying to understand what led to the second biggest bank crash in its history. Overnight the Federal Reserve board announced that vice chair for supervision Michael Barr is leading a review, of the supervision and ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
The Albanese government's package of social and affordable housing legislation was introduced in parliament overnight. Under the Housing Australia Future Fund Bill 2023, some $10 billion will be used to deliver 30,000 social and affordable homes. ...

Increased scrutiny on private credit

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
... position in the market right now, especially as 95% of the asset class in private credit is floating rate. "As the Secure Overnight Financing Rate (SOFR) and the London Inter-Bank Offered Rate (LIBOR) curves have now blown out and will be close to 3.5% ...