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Showing 1 - 10 of 96 results for "US banks"

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
Local fintech Bobbob has paid $53,280 to resolve infringement notices issued in response to misleading claims it made about a crypto-asset linked investment product. Over an eight-month period, a product known as the Savings Product was offered, attracting ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
Adding to its growing suite of services, FinClear acquired Transact1, a cash investment solution used by both wholesale and institutional investors. FinClear said it is capitalising on growing demand for cash investment products, saying Transact1 positions ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... Treasury bonds, he said. Further, the illiquidity of the US CDS market, along with the restrictions on market-making by non-US banks, partially explaining the drastic increase in US CDS spreads, he added. But what happens if the debt ceiling isn't ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... "These deposits are likely to find their way to larger systematically important banks, at the expense of smaller regional US banks," Auld said.

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... along with comments from US Treasury Secretary Janet Yellen, about providing liquidity and capital support to regional US banks helped to stabilise California lenders," Felsman said. He explained, off the back of the bailouts, the US share market increased. ...

Global dividend income growth to continue: Plato

CHLOE WALKER  |  TUESDAY, 25 JAN 2022
... dividends," Pennell said. According to the report, financials were the largest dividend payer in 2021, and as European and US banks move past mandated Fed and ECB restrictions, there is an increasingly positive outlook for dividends from the sector. ...

Equities revenue boost for US banks

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
The flurry of share market activity in the last quarter is being reflected in revenue boosts for some of the world's biggest investment banks. Goldman Sachs reported earnings of US$18.60 on revenues of US$17.7 billion. According to eToro analyst Josh ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... inauspicious title of second most fined in the world for 2020, according to new data. The research from Finbold found that US banks had to pay the most in fines of anywhere in the world - with 12 fines against US banks adding up to US$11.11 billion. ...

Real opportunity for super funds in private assets: Schroders

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
While COVID-19 may have changed the shape of Australian investing, Schroders alternatives director Claire Smith believes there is plenty of opportunity in the private asset market. Smith, speaking at the Australian Institute of Superannuation Trustees ...

S&P kicks companies off ESG index

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAY 2020
... out last year. Its overall ESG score actually fell, but its ranking within its industry group improved indicating other US banks may have put in poorer ESG performances. The S&P 500 ESG Index aims to retain as many companies from the S&P 500 as possible ...
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