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| | | ... Law? "Anything that can go wrong will go wrong". Monetary and Keynesian stimulus measures, and governments nationalising banks and other financial institutions got the world pass the global financial crisis a decade ago. The underlying problem then was ... |
| | | | ... focus on institutional and wholesale market, including dealer groups and model portfolios, managed accounts and private banks," he said. The firm is in negotiations with a few overseas managers, after scoring its first client. It is starting with UK-based ... |
| | | | ... resilience. "APRA set out an expansive policy and supervision agenda in January, but right now it is more important that banks, insurers and superannuation trustees - as well as APRA - devote their energy and resources to responding to the impact of ... |
| | | | ... banking, Anthony Healy, will leave the bank after 10 years. NAB Group chief executive Ross McEwan said Healy had led the banks operations at a critical time and had a strong track record of growth and industry leadership. "[Healy] has been recognised ... |
| | | | ... investments across industries that are the most vulnerable to this crisis," Douglass said. "The portfolio does not hold any banks, energy companies, airlines, travel-related companies or property trusts. "The portfolio has no direct exposure to emerging ... |
| | | | ... has seen its share price plummet. "Macquarie is just so plugged into the global financial system, more so than the local banks which have huge residential loan books," he said. "It is much more interconnected in a system that is creaking under significant ... |
| | | | The Australian Banking Association (ABA) has announced banks will defer loan repayments for six months for small business, as the nation introduces measures to combat the impact of COVID-19. The ABA said the move is designed to combat unemployment and ... |
| | | | "Whatever it takes and for however long it takes!" This is the collective battle cry of governments and central banks the world over as they try to calm nerves and get ahead of the coronavirus that's paralysed economic activity. Fiscal and monetary ... |
| | | | ... per capita basis. State Street Global Advisors said that while the market has yet to view the combined action from central banks as effective, here is hope on the horizon. "Coordinated central bank actions have not been considered effective by the market. ... |
| | | | ... he said. Eric Stein, co-director of global income at Eaton Vance said the Fed's coordinated action with other central banks will have positive effects on funding markets. "Obviously, stock markets and global markets around the world are down significantly," ... |
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