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Showing 2121 - 2130 of 5948 results for "Banks"

Market Wrap AM

AAP  |  MONDAY, 11 MAY 2015
... year. The benchmark FTSE 100 index jumped 2.32 per cent to close at 7,046.82 points, lifted by soaring share price gains for banks and energy majors. Among the biggest winners were energy firm Centrica, up 8.08 per cent to 278.20 pence and state-rescued ...

Market wrap

AAP  |  FRIDAY, 8 MAY 2015
The share market is up by almost one third of a per cent, with the banks leading the recovery after two days of heavy losses. The big miners and energy stocks are the only sectors to be slipping, following a dip in crude oil and iron ore prices. A moderate ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
As the big four banks prepare for the end of the extraordinary bull run experienced since the global financial crisis, their wealth management arms also gear up for a new era. In a more challenging market and regulatory environment, the focus for the ...

Banking and super groups back parliamentary recommendations

DARREN SNYDER  |  FRIDAY, 8 MAY 2015
... the higher education and professional standards for financial advisers. As part of the ABA's submission it says the major banks are willing to contribute funding to support the establishment and initial operating expenses of a new independent body to ...

Global finance, resources key to diversification

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... financial sector could also be an opportunity for Australian institutional investors seeking to diversify from the big four banks and their correlation with the resources sector. "The financial sector has not been a favourite among investors after the ...

Market Wrap AM

AAP  |  FRIDAY, 8 MAY 2015
... Group releases its full year results, and Alumina holds its annual general meeting. In Australia on Thursday, the major banks drove the share market lower, extending losses from Wednesday when it recorded its biggest one-day fall in two years. The benchmark ...

Market Wrap PM

AAP  |  THURSDAY, 7 MAY 2015
The major banks have clawed back some losses, but continue to weigh on the broader share market. Investors are now absorbing news that the official jobless rate has risen to 6.2 per cent in April from 6.1 per cent in March. The unemployment rate is ...

Market Wrap PM

AAP  |  WEDNESDAY, 6 MAY 2015
... Phillip Capital senior client adviser Michael Heffernan said. "The whole market's down today led by CBA," he said. The other banks were weaker with ANZ down 35 cents to $33.77 a day after unveiling a five per cent lift in its half year profit to $3.7 ...

Falling cash rate puts gold in 'sweet spot'

LAURA MILLAN  |  WEDNESDAY, 6 MAY 2015
... Council revealed that in 2014 central bank gold purchases hit nearly 500 tones. "In the last 50 years, only once have central banks bought more gold than they did last year," Eliseo explained. At the same time, cash rates globally are at an all-time ...

Robo advice questions still unanswered

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... accrued before the robo advice business is sold up. KPMG wealth advisory director, Ronna Ludgate, said most of the UK's major banks have withdrawn from giving advice and the ability to reach people en masse was becoming difficult. She said online advice ...