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| | | ... $70.64. Fortescue Metals advanced nine cents, or 2.2 per cent, to $4.23. The big four banks also gained, with Commonwealth Bank rising 54 cents, or one per cent, to $52.74. ANZ was up 14 cents at $23.15,, NAB had advanced 12 cents to $25.01 and Westpac ... |
| | | | ... sell-off erased earlier gains. Renewed concerns about eurozone debt offset gains in China-related banks ahead of Agricultural Bank of China's initial public offering. Moody's Investors Service late Monday cut Greece's government debt rating to junk status ... |
| | | | ... - direct life and will continue the distribution of simple, low sum insured life and accident insurances to Commonwealth Bank customers. The general manager for wholesale life will be announced shortly. Paul Rayson, CommInsure's managing director, said ... |
| | | | ... Futures Exchange, the June share price index contract was up five points at 4,531. In economic news on Tuesday, the Reserve Bank of Australia releases the minutes of its June 1 monetary policy meeting and interest rate decision. The RBA also releases ... |
| | | | CrA(C)dit Agricole CIB has gone live with Calypso Technology systems across 23 locations in Asia Pacific, Americas, Europe, the Middle East and Africa. Calypso Technology is a global application software provider of an integrated trading, risk and processing ... |
| | | | Steven Billiet, chief executive of less than six months at ING Investment Management in Australia, gives an update on the firm's distribution strategy and says the company is well-placed to compete with the incumbents amid regulatory reforms. Billiet ... |
| | | | ... more resources to its business development team, hiring Brendan Donohoe in a senior leadership role. Donohoe worked at the Bank of Ireland Asset Management (BIAM) in Ireland, Australia and the US. |
| | | | ... 79% in America." And for added measure, "If mortgages did turn sour, how badly would China's banks suffer? China Merchants Bank's mortgage book grew by 70% in 2009. But mortgages still amounted to only 23% of its total loans. In China's other big banks ... |
| | | | ... workers are starting to find jobs. LONDON - European stock exchanges ended higher on Thursday after the European Central Bank left interest rates at a record low and promised short-term liquidity to the financial sector. An upbeat report from the Federal ... |
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