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| | | ... and picking the opportunities that surprise on the upside," he said. The major banks were higher, with National Australian Bank the strongest performer, up 1.7 per cent, or 38 cents, at $22.92. ANZ was up 22 cents, or 1.1 per cent, at $19.91, Westpac ... |
| | | | ... Australian dollar was mostly flat after better than expected US data overnight and as speculation eased that the US central bank will launch a third round of economic stimulus. At 0700 (AEST) on Thursday, the Australian dollar was trading at 104.76 US ... |
| | | | ... 28 cents, or 1.2 per cent, to $23.19. ANZ was up eight cents at $19.90, Westpac was up 13 cents at $20.19 and Commonwealth Bank gained 40 cents to $47.41. Global miner BHP Billiton was up 13 cents at $38.34 and Rio Tinto fell five cents to $70.05. The ... |
| | | | National Australia Bank's direct asset management business, nabInvest, has bought up a minority stake in a US global fixed income investment management firm, in a bid to expand its range of asset classes. Peridiem Global Investors, based in Los Angeles ... |
| | | | Fourteen Yellow Brick Road advisers were recognised for their efforts in the 2011 Yellow Brick Road Conference Branch Award Winners. The awards, held at the Sunshine Coast in Queensland on August 18-19, recognised branches working under the Yellow Brick ... |
| | | | PIMCO Australia has added to its institutional team with the appointment of Sara Higgins as Vice President and Account Manager. Higgins has seven years of investment and financial services experience in areas including adviser distribution, private ... |
| | | | The Australian dollar gained half a US cent as hopes grew that the US central bank would launch a third round of economic stimulus. Market optimism was boosted by rising hopes the US Federal Reserve will offer new stimulus measures to kick-start the ... |
| | | | ... major banks were stronger at noon, with ANZ up 12 cents at $19.42 and Westpac 29 cents higher at $19.65. National Australia Bank was 20 cents up at $22.41, while Commonwealth Bank gained 45 cents to $46.35. Among the miners, BHP Billiton was up 23 cents ... |
| | | | ... caused UK pension liabilities to grow in relative size, in one case outstripping the market capitalisation of its parent bank, a Citibank study has found. Lloyds Banking Group now has pension liabilities of 26.8 billion or 115% of its 23.3 billion market ... |
| | | | ... at low or zero interest, with a wide range of private assets (including, among others, corporate bonds, commercial paper, bank loans, and mortgages) deemed eligible as collateral. Option 6. "...buy foreign government debt... Potentially, this class of ... |
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