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Showing 11191 - 11200 of 17967 results for "Bank"

Fidelity: Government intervention cause for concern

CLAIRE MCGREAL  |  THURSDAY, 3 NOV 2011
Fear of government intervention has created a climate of corporate anxiety for Asian and European companies despite healthy balance sheets, according to new research. A Fidelity survey of more than 110 of its research analysts across the two continents ...

ANZ profit climbs 19% to $5.36 billion

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
ANZ has recorded positive growth of 19% putting its full year statutory profit at $5.36 billion, with the bank's strategic focus on its Asian and institutional divisions. ANZ's underlying profit was up 12% to $5.65 billion for the financial year ending ...

Machines of loving grace

BENJAMIN ONG  |  THURSDAY, 3 NOV 2011
... action was Charles L. Evans, who supported additional policy accommodation at this time." In classic Fedspeak, the US central bank convinced both sides of the economic outlook divide: The economy is getting traction. "Information received since the Federal ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 NOV 2011
... Australian Bureau of Statistics releases its retail trade figures for September and the Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (PSI) for October is released. In equities news, the ANZ posts its full year ...

Westpac rise in cash earnings reflects strong results in retail and wealth

CLAIRE MCGREAL  |  WEDNESDAY, 2 NOV 2011
... while Westpac New Zealand saw its cash earnings increase by 41% with core earnings up by 10%. However Westpac Institutional Bank's cash earnings were down 2% on last year at $1.4 billion, which Kelly maintained was due to the "impact of volatility in ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 2 NOV 2011
... billion, Westpac was down 73 cents, or 3.3 per cent, at $21.21. ANZ was down 53 cents, or 2.5 per cent, at $20.83; Commonwealth Bank had lost 99 cents, or two per cent, to $47.71; and NAB was 66 cents lower, down 2.6 per cent, at $24.44. Resources stocks ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 NOV 2011
... contagion could spread to Spain and Italy. The Australian dollar had already lost ground on Tuesday afternoon after the Reserve Bank of Australia cut the cash rate from 4.75 per cent to 4.5 per cent and following the release of weaker than expected Chinese ...

Derivatives broker MF Global in administration

RACHEL DAVIS  |  TUESDAY, 1 NOV 2011
Global financial derivatives broker, MF Global has been placed into administration with insolvency firm Deloitte appointed as administrator in Australia. MF Global, formerly known as Man Financial, provided exchange-traded derivatives, as well as over-the-counter ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 NOV 2011
... December share price index futures contract was down 54 points at 4,230 points, with 17,106 contracts traded. Commonwealth Bank economist Craig James said the Chinese PMI, which came out at midday at 50.1, was weaker than 51.6 which the market expected. ...

State Street expands Australian global markets team

CLAIRE MCGREAL  |  TUESDAY, 1 NOV 2011
... GTSS and Currenex. Gencher was most recently a director at the Institutional Foreign Exchange Sales at National Australia Bank. He has also held analyst, advisor and sales roles at Bank of Montreal, Fimat, Bankers' Trust Australia, Merrill Lynch and ...