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Showing 1 - 10 of 17990 results for "Bank"

Jobs data surprises on the upside, rate hike on the cards

RIDDHIMA TALWANI  |  FRIDAY, 24 JUL 2026
... unemployment rate both increased in the month, indicating jobs remain on a loosening pathway. "We expect that although they [Reserve Bank of Australia] will assess that the jobs market is gradually loosening, they will also say it is still 'a little ...

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN  |  THURSDAY, 23 JUL 2026
Macquarie Group provided an update on the first quarter of its 2027 financial year, with outgoing chief executive Shemara Wikramanayake saying trading conditions were "satisfactory" for the three months to 30 June 2026. Macquarie Asset Management (MAM) ...

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026
... received deposits from Australians for cryptocurrency and other investments. Between January 2019 and May 2020, 22 separate bank accounts with six different financial institutions were opened in Mormarkets' name. On a number of occasions, banks informed ...

ASIC simplifies guidance to improve capital raising activity

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
ASIC is simplifying the sell-side regulatory guidance in a move to spike capital raising activity, in line with its simplification effort which commenced in September 2025. The proposed revamp of Regulatory Guide 264 Sell-Side Research (RG 264) is in ...

Macquarie chief to step down after eight years at the helm

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
... November 7, subject to necessary approvals. Wikramanayake will also step down from the boards of Macquarie Group and Macquarie Bank. Wikramanayake joined the banking giant in 1987, having led various business divisions, including its asset management ...

Middle East conflict, inflation continues to weigh on confidence

MATTHEW WAI  |  WEDNESDAY, 22 JUL 2026
... inflation expectations." Angala also remains cautious with the development around interest rate, highlighting that the Reserve Bank of Australia (RBA) might place a hike in the upcoming meeting to tame further inflation. "While our base case remains ...

Corporate hybrid issuance surges: Report

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
... with a further $5.4 billion issued in the first five months of 2026. The resurgence follows APRA's decisions to phase out bank Additional Tier 1 (AT1) capital instruments from January 2027, prompting income focused investors to look for alternative sources ...

HSBC appoints structured finance chief

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
HSBC Australia and New Zealand have appointed a former Deutsche Bank executive as head of structured finance. Preethi Visweswara will take on the role tasked with bolstering its corporate and institutional banking business following a record year of ...

Equities lead as Australian managed funds attract $13bn in H1

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
... data from Calastone. The global funds network said investors added capital in every month except March, when the Reserve Bank of Australia delivered its third consecutive interest rate rise and concerns over conflict and energy supply disruptions in ...

legalsuper appoints HESTA executive as CEO, names new CIO

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... gained over more than 10 years in management consulting and senior strategy roles with Booz & Company and the Commonwealth Bank." Mander said the board was particularly encouraged by Reilly's enthusiasm for leading a specialist fund. "We were particularly ...
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