ASB recruits for Chief Investment Officer
The Australian-owned bank’s investment business in New Zealand has launched a search for fresh top level talent to fill the role of Chief Investment Officer.
The advertised position is a re-labelling of an existing role according to the bank, but signals ASB’s desire to attract a highly-experienced candidate to lead its team responsible for $20 billion worth of funds.
ASB Executive General Manager for Personal Banking, Adam Boyd said the appointment of a CIO will build on the bank’s market position as one of New Zealand’s largest...MORE»
Basecorp gets more funding for short-term mortgagesTuesday, October 15th, 7:02PM
Basecorp Finance secures additional $50m funding for short-term mortgages, reduces rates MORE» |
Banks slash floating rates after 50bp OCR cutWednesday, October 9th, 2:39PM
The Reserve Bank cut its official cash rate (OCR) by 50 basis points to 4.75%, as expected, and said it assesses that inflation is now within its 1% to 3% target range “and converging on the 2% midpoint.” MORE» |
BREAKING: OCR 4.75% – Monetary restraint reduced as inflation converges to target
Economists, markets expect a 50bp OCR cut on Wednesday
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