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Showing 1 - 10 of 154 results for "BNY"

Inflation eases, experts split on next RBA move

VINNY VUCAGO  |  WEDNESDAY, 27 MAY 2026
... well businesses adapt to that gap will define the second half of 2026," he said. Wee Khoon Chong, APAC macro strategist at BNY Australia said they expect the RBA to hold rates in June, while maintaining a hawkish bias, with markets pricing one more hike ...

Inflation skyrockets in March, RBA hike almost certain

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2026
... increase since the series began in 2017, reflecting the impact of the conflict in the Middle East on fuel prices," Luke said. BNY APAC macro strategist Wee Khoon Chong said the data reinforces market expectations that the Reserve Bank of Australia (RBA) ...

FNZ appoints leads for APAC, North America

KARREN VERGARA  |  WEDNESDAY, 11 MAR 2026
... years as managing director of Moelis Australia before moving to FNZ in early 2025. He has also served as managing director of BNY Mellon, RF Capital and Citi. In his new role, Habis will support FNZ's expansion across the US and Canada, focused on new ...

Local custody industry surpasses $6tn milestone

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... Asset Servicing, which was wound up in full in the second half of 2025. Also seeing double-digit growth in the period were BNY Mellon (17.4%), HSBC Bank (12%), Netwealth (11.2%), and Perpetual (11.1%). The top five custodians by size now are J.P. Morgan ...

Inflation rises 3.8%, rate rise 'firmly in play'

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... an environment where policy uncertainty remains and growth is moderating, that yield for defensive exposure is compelling." BNY APAC macro specialist Wee Khoon Chong agreed today's data suggests another rate rise is likely at the RBA's May meeting. ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... Meanwhile, HSBC rules the sub-custody roost with $1.6 trillion in assets, up 5.4% in the period. It holds State Street and BNY Mellon's Australian assets as global custodian as part of this. In terms of investor trends, allocations to overseas assets ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... proactive cooperation." Last August, RBC Capital Markets was ordered to pay US$45 million for its recordkeeping failures. BNY Mellon Securities Corporation and Pershing were fined US$40 million. The year prior, Wells Fargo Securities and BNP Paribas ...

Insight Investment names chief executive

MATTHEW WAI  |  FRIDAY, 10 JAN 2025
... and I look forward to watching Insight's continued success for years to come." In the new role, Srivastava will report to BNY global head of investments and wealth Jose Minaya, who has thanked Nauphal for his contribution and is looking forward to having ...

Recordkeeping breach costs RBC, BNY Mellon US$85m

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
RBC Capital Markets and BNY Mellon are among the firms that will collectively pay a whopping US$390 million ($589m) to the Securities and Exchange Commission (SEC) for recordkeeping failures. RBC Capital Markets will pay US$45 million ($68m) while BNY ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... followed by Artega, whose assets under custody grew by close to 25% to total $2.08 billion. But there were also declines, with BNY Mellon seeing its assets under custody drop by more than 19% in the period. Ranked 12 th in Australia, it now oversees ...
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