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Showing 141 - 150 of 357 results for "banking"

Opinion: The housing burden is large enough to be shared by many parties

SCOTT LANGFORD  |  FRIDAY, 23 JUL 2021  |  NEWS
... home. To offer this security, social and affordable housing needs a long term investment horizon. And with the Australian banking industry typically unable to offer senior debt beyond seven year tenor, given the nature of local funding markets, the only ...

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... report, Optimizing the Risk and Return of Climate Change. The report outlines examples of balance sheet exposure in the banking sector, citing physical risks such as increased flood risk as an impact to banks' mortgage portfolios, severe weather events ...

Agriculture business signs first sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... those targets, our interest rates go up and we pay a penalty to the bank." Commonwealth Bank group executive for business banking Mike Vacy-Lyle, said this landmark transaction demonstrates the bank's ability to develop innovative finance solutions ...

CEFC, CBA finance plastic recycling facility

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 JUL 2021  |  NEWS
... making this important project a reality and advancing Australia's circular economy," said CBA group executive institutional banking and markets Andrew Hinchliff. "Our structured finance capabilities allowed us to tailor a bespoke solution that met the ...

IGCC names new CEO

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUL 2021  |  NEWS
... time of enormous growth." Mikula-Wright has 20 years' experience in climate change, sustainability and investment banking in Hong Kong, Europe and Australia. She has previously been the director, investor initiative at IGCC, and has held roles at ...

Wesfarmers taps former Coca-Cola Amatil exec for board role

RACHEL ALEMBAKIS  |  FRIDAY, 25 JUN 2021  |  NEWS
... that was chief executive officer of Berri Limited. Other roles during her career included managing director of regional banking and group general manager strategy at ANZ, and a decade at McKinsey & Company from 1989 to 1999, where she became a partner ...

ASX company signs $1.5bn sustainability linked loan

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUN 2021  |  NEWS
... strategy sets meaningful targets that will take ambition to achieve, said Jonathan Drew, Head of ESG Solutions, Global Banking at HSBC "We sat down with the client to consider what are the right metrics, how to define them, how to gather the data and ...

ASX company issues billion dollar sustainability linked bond

RACHEL ALEMBAKIS  |  THURSDAY, 17 JUN 2021  |  NEWS
... the NAAN facility much further into the future." The joint lead managers for the issue were Australia and New Zealand Banking Group, BNP Paribas, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation. The joint sustainability ...

ASX companies face heightened stakeholder scrutiny

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
... The report also highlights recent corporate scandals and the impact of the Hayne Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The reports focus on Japan, Hong Kong, Australia, South Korea, Mainland ...

Unite the league: investors join climate coalition

RACHEL ALEMBAKIS  |  MONDAY, 17 MAY 2021  |  NEWS
... and companies. It is coordinated by the Investor Group on Climate Change (IGCC). Teachers Mutual Bank becomes the first banking participant, and says it aims to deliver an additional $20 billion in certified responsible investment products by 2030 that ...