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| | | ... producer Santos dropped 58 cents, or 6.99 per cent, to $7.72, and Woodside Petroleum reversed $1.04 to $34.35. Among the major banks, Westpac was up 15 cents at $33.50, but ANZ had dipped eight cents to $32.32, Commonwealth Bank was off six cents at ... |
| | | | ... reality, lifts economic activity and boost demand. With deflation waiting in the wings, there's no stopping these central banks from doing so. Perhaps, the Fed and the BOE may even join the allied forces. Yes Virginia, it's turning out to be a fight ... |
| | | | ... out its so called quantitative easing, to buy government bonds. "Hopefully, Greece can be quarantined a bit." The big four banks were a key drag on the market, and at 1200 AEDT Westpac was down 55 cents at $32.51, ANZ had dumped 44 cents to $31.44, Commonwealth ... |
| | | | ... three per cent, at $29.20, Rio Tinto had dropped $1.08 to $56.05 and Fortescue had fallen 10 cents to $2.55. Among the big banks, ANZ had lost 36.5 cents to $32.03, National Australia Bank had lost 13 cents to $32.84, Westpac was down 20 cents at $33.16 ... |
| | | | ... Council (FSOC) set up as part of the Frank-Dodd Act that the Federal Reserve Board has designated MetLife alongside leading banks as a Strategically Important Financial Institution (SIFI) requiring extra prudential supervision. "[But] subjecting insurance ... |
| | | | ... recommendation is: if it ain't broke, don't fix it." The Financial Services Council (FSC), representing retail super funds, banks and other large industry stakeholders, welcomed the recommendation. FSC chief executive John Brogden said that super funds ... |
| | | | ... he said. Rather than a complete stop to direct borrowing for LRBAs, Colley said SPAA would support a "mid-point," where banks and other financial institutions could look after LRBAs. In line with statements made by SPAA chief executive Andrea Slattery ... |
| | | | The share market is stronger, with banks rallying on the Financial System Inquiry's recommendation that banks hold more capital. Shares in the major banks and the small regional players are firmer, a day after former Commonwealth Bank boss David Murray's ... |
| | | | Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found. The final report of David Murray's blueprint for the future of Australia's financial system, released ... |
| | | | ... investors in Australian in May 2008. It is available on the FirstChoice platform, as well as on the platforms of all the major banks and life insurers. |
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