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Showing 811 - 820 of 4303 results for "Bank of"

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
The Bank of Japan (BOJ) added another monetary policy term to our vocabulary at its March 2020 meeting - Enhancement of Monetary Easing - as it tries to limit the economic fallout from the coronavirus. It had the same label for its expanded policy initiative ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... organisational restructure resulting in five key banking businesses - personal, business and private, corporate and institutional, Bank of New Zealand and UBank. The move sees the customer experience division cease to exist, with former lead Rachel Slade ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... has slowed sharply from 2.1% pre-Brexit to 1.1% as at the end of the December 2019 quarter. But in his last meeting as Bank of England (BOE) governor in January this year, Mark Carney was waxing optimistic. "The most recent indicators suggest that global ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... reading of 75.6 in April - the biggest monthly decline in the survey's 47-year history -- from 91.9 in March. Reserve Bank of Australia (RBA) governor Philip Lowe is equally downtrodden. In his recent outing (April 21), governor Lowe proclaimed the ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... administration fees and therefore earnings for FY20," HUB24 said. Revenue will also be negatively impacted by the Reserve Bank of Australia's reduction in the official cash rate. As previously reported by Financial Standard, HUB24 chose not to pass ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... (5%) - fourth, fifth and down the line are also in line for contractions in their respective economies. While the Reserve Bank of Australia and the Federal government's stimulus measures would help limit the negative flow-on impact on the Australian ...

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
... bank decided to lift the interest rate on its cash management (CMA) accelerator account to 1.2% following the Reserve Bank of Australia's interest rate reduction. "Given the historical lows of the official cash rate, we think it's never been ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... comes as the US's biggest banks struggle to grapple with the impacts of the spreading coronavirus, with Citibank, Bank of America, JP Morgan and Wells Fargo all recording share price losses overnight (5.64%, 6.49%, 4.93% and 5.77% respectively). ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... recouped its 5.2% depreciation versus the US dollar, rebounding by 5.4% from the March 19 low. These, perhaps factored into Bank of Korea's (BOK) decision to keep monetary policy settings unchanged at its 9 April meeting. So does the fact that the ...

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... 1917 and 2019, listed companies paid out about 65% of their earnings as dividends to investors, according to the Reserve Bank of Australia. However, this year is a different story across the world. The European Central Bank has asked banks to defer dividend ...