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Showing 71 - 80 of 2965 results for "Overnight"

Aussie instos commit $50bn to UK projects

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
... that will splash their cash on clean energy, technology, and infrastructure projects in the UK in the coming years. Overnight the UK government announced major investments from AustralianSuper, Fortescue Metals Group, IFM Investors, Lendlease, Macquarie ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... institutional mandate and, in a separate matter, seen the details of a 2018 misconduct investigation aired by the UK regulator. Overnight GAM International announced an unnamed institutional client is withdrawing $16.6 billion from GAM Funds Management ...

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... on ensuring the responsible development of digital assets, in a move that has seen the price of Bitcoin jump. Signed overnight, the executive order outlines the first whole-of-government strategy aimed at protecting consumers, ensuring financial stability ...

Global markets shaken by war

ELIZABETH MCARTHUR  |  FRIDAY, 25 FEB 2022
Global markets reacted to the news of Russia's invasion of Ukraine overnight, with analysts keeping a close watch on the conflict's impact on companies and economies. IG market analyst Kyle Rodda said he views the current situation as a growth and inflation ...

Members lean on super for financial hardships

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... retirement savings based on compassionate grounds and in the event of financial hardship, APRA statistics show. Released overnight, APRA's June 2021 Superannuation Bulletin reveals that super funds paid out $16.5 billion of members' money based ...

Federal Reserve mulls central bank digital currency

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
... domestic payments system. Considering the current state of the US domestic payments system, a discussion paper released overnight by the central bank covers the different types of digital payment methods and assets that have emerged in recent years ...

SSGA chief executive to retire

JAMIE WILLIAMSON  |  THURSDAY, 20 JAN 2022
... for a new president and chief executive after flagging Cyrus Taraporevala's intention to retire this year. Announced overnight, State Street said Taraporevala will stay on until a replacement is found. He's held the role since late 2017. State Street ...

Credit Suisse chair resigns

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
... less than a year into the role amid reports he breached several COVID-19 quarantine rules. The Swiss bank announced overnight that Axel P. Lehmann has taken over as chair effective immediately, following an investigation into incumbent António Horta-Osório's ...

AFA shuffles board, names new president

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
The Association of Financial Advisers announced several board changes overnight, including the resignation of its national president. National president Michael Nowak steps down after one year. Prior to that, he served as vice president for four years. ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...