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Showing 1 - 10 of 58 results for "Reuters report"

SEC slams proxy adviser 'oligopoly,' urges AI use

KARREN VERGARA  |  MONDAY, 12 JAN 2026
The Securities and Exchange Commission (SEC) has slammed the oligopolistic nature of the proxy adviser industry and floated the potential for artificial intelligence (AI) to upend their stronghold. Brian Daly, the director of the SEC's division of investment ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
The US Federal Reserve has proposed a regulatory overhaul in which the nation's largest banks would be forced to hold more capital in hopes future meltdowns in the sector can be prevented. Federal vice chair for supervision Michael Barr outlined ...

Credit Suisse chair resigns

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
Credit Suisse's chair has resigned 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 ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
Just a wittle more, a wittle more... Yes Virginia, just another US$12.71 per tonne (6.6%) and the spot price of iron ore will be line ball with the all-time high of US$191.70 a tonne it set way back a decade earlier (February 2011). For sure, there ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Oh Nikkei, you're so fine You're so fine you blow my mind, hey Nikkei..." My apologies to Toni Basil for re-wording the lyrics to her 1981 hit "Mickey", but anyone watching the rise and rise of the Nikkei-225 index will understand. The Japanese ...

CBA opens Amsterdam office, eyes European instos

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
Armed with a new licence, the Commonwealth Bank is making a play for European institutional investors by establishing a new office in the Netherlands. The newly licensed Dutch subsidiary, Commonwealth Bank of Australia (Europe) N.V., is scheduled to ...

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
"Voices singing, let's be jolly Deck the halls with boughs of holly Rockin' around the Christmas tree Have a happy holiday Everyone dancin' merrily..." - Brenda Lee It's not even December yet but Wall Street's already "Rockin' ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
News that a COVID-19 vaccine is nigh has injected optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports ...

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
Several pension funds are suing hedge funds managed by Allianz Global Investors for allegedly engaging in risk-taking behaviour and losing billions of dollars in retirement savings. The Arkansas Teacher Retirement System (ATRS) was the first pension ...

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
"Fear of death is worse than death itself..." - Gosho Aoyama The rate of infection from the coronavirus continues to multiply and, along with it, the sense of panic that has resulted in an almost worldwide ban on travel to and from China, complete lockdown ...
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