An accounting loss of A$36.7bn depleted the RBA's reserve funds and left it with a negative net equity position of A$12.4bn.
September 22, 2022A common tax arbitrage trading strategy is now being prosecuted as outright tax avoidance, catching global banks and traders in a broad net.
May 10, 2022The new feature allows investors to participate in Dividend Reinvestment Plan corporate exercises electronically.
March 22, 2022New disclosures from UBS and Nomura have raised estimates of the total losses to banks to over $10.5bn.
April 29, 2021Credit Suisse expects a $4.7bn loss from the collapse of Archegos. The bank has suspended share buybacks, cut its dividend, and announced the departure of seven key executives.
April 7, 2021The product expansion will cater to demand from institutional investors for solutions in multi-asset, ESG, dividend, sector and duration strategies.
August 20, 2020The guidelines limit cash management products to investing in only highly liquid assets, among other restrictions, to ensure investors’ rights are protected.
August 17, 2020The airline, shipping and other hard-hit industries will be eligible for financial support from the fund if they have more than 500bn won in debt and over 300 employees.
May 31, 2020Applicant financial institutions will no longer have to set profit targets as a condition for receiving state aid, and the 15-year repayment deadline will be scrapped.
May 28, 2020Some investors in HSBC alleged the bank failed to safeguard their interests. Others questioned whether the bank's discussions with the Bank of England were disclosed in a timely manner.
May 15, 2020