Tag
#Commonwealth Bank of Australia
Banking
Banks are hiring chief AI officers before the job settles
Chief AI officer roles at banks are spreading fast, but $3.5 million pay packages and fuzzy mandates show the title is still experimental.
By Naomi Voss
Economy
BOJ Ueda absence clouds June rate decision as yen stays near 160
BOJ Ueda absence shifts June rate messaging to deputies as markets price a 25-basis-point hike and watch the yen near 160.5.
By Helena Brandt
Banking
Asia-Pacific banks raise Iran war provisions as $180B credit risk looms
Asia-Pacific banks have set aside $3.8 billion in combined war-related provisions as the Iran conflict's oil shock and trade disruption begin flowing into corporate and consumer credit risk. S&P warns a prolonged conflict could drive $180 billion in additional credit losses.
By Naomi Voss
