Interest rate markets raise odds of big Official Cash Rate cut in October
Before the release, BNZ was the most pessimistic of the banks with its forecast of a 0.5% decline…
Agribusiness executive Hayley Gourley appointed to the Reserve Bank’s Monetary Policy Committee
“Hayley Gourley brings extensive experience across corporate, rural, and financial services sectors to the role,” Willis said. “Her…
Senate confirms Trump adviser to top Fed role, despite central bank’s independence
Senator Lisa Murkowski of Alaska was the only Republican who voted against confirming Miran. The vote was otherwise…
Appeals court allows Federal Reserve governor Lisa Cook to keep her job
The central bank is expected to decide at a meeting tomorrow and Thursday NZT how much to cut…
ANZ agrees to record A$240m fine for widespread misconduct related to bond trading and dealings with retail customers
“Banks must have the trust of customers and government. This outcome shows an unacceptable disregard for that trust…
Banks go slow on lending against shares as trade tensions make markets volatile
Banks are going slow in extending loans against shares and bonds as markets remain volatile amid heightened trade…
We now expect a 50bps Fed cut in September – Standard Chartered
August non-farm payrolls rose just 22k, well below the 75k consensus; three-month average is now 29k. The unemployment…
How earthquake-hit Noah’s Hotel in Christchurch was reborn as Sheraton
It was about then that Ben Bridge happened upon it. Noah’s Hotel in Christchurch, which has housed many…
US labour market appears to be cooling further – Commerzbank
Yesterday’s US labour market figures showed that the labour market is cooling down slowly: job vacancies fell more…
Herzog & de Meuron completes One Roof for Swiss bank in Geneva
Curved, glazed facades lined with slim columns characterise the headquarters of Swiss private bank Lombard Odier in Geneva,…
The blind men and the climate scenario elephant
Dr Yue (Nina) Chen Dr Yue (Nina) Chen was chief climate risk officer at US federal banking regulator…