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Showing 1 - 10 of 702 results for "HSBC"

Australian economy growth 'stronger than expected'

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
The Australian economy grew 0.4% in the June quarter, growing 2.1% in the year to June 2026. HSBC chief economist Paul Bloxham said the stronger growth performance was "particularly surprising" given a sharp fall in consumer and business sentiment. ...

HSBC Australia sells $36b retail loan book to Blackstone

RIDDHIMA TALWANI  |  FRIDAY, 31 JUL 2026
HSBC Australia will sell its portfolio of local home loans and personal loans valued at $36 billion to Blackstone. The sale is expected to complete in the first half of 2027, subject to regulatory approval. The remainder of HSBC Australia's retail ...

Mixed inflation data keeps August RBA meeting a 'live' one

RIDDHIMA TALWANI  |  WEDNESDAY, 29 JUL 2026
... week, Australian employment jumped by a substantial 76,300 jobs in June, above the market consensus of 15,000 jobs creation. HSBC chief economist Paul Bloxham had noted the August RBA meeting will be a live one with the inflation jobs market still a ...

Special Feature: Beyond safekeeping

BRENDAN SWIFT  |  MONDAY, 27 JUL 2026
... Treasury Services and NAB Asset Servicing in recent years: J.P. Morgan, Citigroup, State Street, Northern Trust, BNP Paribas and HSBC. A handful of others, including Clearstream, BNY Mellon, and Bank of America, serve different niches. The result is ...

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

RIDDHIMA TALWANI  |  FRIDAY, 24 JUL 2026
... 15,000 jobs creation, according to the Australian Bureau of Statistics (ABS). The unemployment rate remained ready at 4.4%. HSBC chief economist Paul Bloxham questioned if the rise is a more positive shift in the trend or mostly statistical noise, given ...

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 ...

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... totalling $10.3 million for systemic failures to report investigations into significant member services issues to ASIC and HSBC Bank Australia admitting to serious failures in protecting customers from scams that cost it $35 million. The Federal Court ...

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI  |  FRIDAY, 10 JUL 2026
... Perryman was also employed at Qualitas Group, The Myer Family Company, Perennial Investment Partners, AllianceBernstein, HSBC, and more. Welcoming both appointees, Robb said the firm is taking a further step in its evolution, deepening focus on enhancing ...

BNP Paribas Asset Management ANZ chief exits

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
... BNP Paribas AM, he was a manager of investments and charitable trusts at State Trustees for seven years and then worked at HSBC for one year. The fund manager currently manages $2.6 trillion for investors following the takeover of AXA Investment Managers ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
HSBC Bank Australia has been hit with a $35 million penalty after admitting to widespread and systemic failures in protecting customers from scams. Following a Federal Court hearing in Melbourne on June 18, Justice Bennett handed down the penalty and ...
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