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Showing 881 - 890 of 17945 results for "Bank"

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... September quarter of 2023. CEDA economist Liam Dillon said this clearly highlights the difficult trade-off facing Reserve Bank of Australia (RBA) governor Michele Bullock. "Inflation remains stubbornly high, despite having moderated since its peaks. ...

Boutique investment manager hits the market

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
TWC Investment Management, a founder-owned and led boutique firm, has set up shop in Australia. The investment management firm, led by chief executive Owen Hereford and chief investment officer John Birkhold, formerly a portfolio manager at Origin Asset ...

ASX hunts new chief risk officer

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... the financial sector. Prior to the ASX, the risk management executive held senior roles in risk management at Commonwealth Bank for 12 years. And before that, he was the managing director and head of risk management at Zurich Capital Markets between ...

Magellan makes internal PM moves

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... manager at Maple-Brown Abbott, primarily covering financials in Asia ex-Japan. He also worked as an economist at the Reserve Bank of Australia for six years. Thomas is the co-portfolio manager for Magellan's Global Equities strategy and has over 20 years' ...

Global X hires new chief executive

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... He also worked in investor solutions at Barclays Capital and was head of adviser sales for equity derivatives at Macquarie Bank. Zaika replaces Evan Metcalf, who steps down in October after a decade-long tenure at the fund manager. Metcalf became chief ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
In August, Finder's Consumer Sentiment Tracker recorded the highest level of mortgage stress since it first began tracking in early 2019. More than two in five (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million ...

Former Mercer Super chair named Actuary of the Year

MATTHEW WAI  |  FRIDAY, 20 SEP 2024
The Actuaries Institute has named Jan Swinhoe the Actuary of the Year for 2024. Swinhoe has an extensive background in financial services, having worked across insurance, institutional banking, and superannuation. She is currently a non-executive director ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... strategy. Before that, he was vice president of investor solutions for Barclays Capital for five years, landing from Macquarie Bank following stints at Skandia, Zurich Insurance and AMP. Five months ago, GAM recruited Alexandra Williamson as distribution ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
ASIC and the Reserve Bank of Australia (RBA) have been given new powers under new financial market infrastructure laws to enhance their licensing, supervisory, and enforcement abilities. The Treasury Laws Amendment (Financial Market Infrastructure and ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment numbers revealed employment ...