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| | | The Australian share market has opened on a positive note, led by the big banks, after an encouraging lead from the United States. IG market strategist Stan Shamu said US markets had risen on Tuesday following some good economic data, and the optimism ... |
| | | | ... Commonwealth Bank's (CBA) financial planning unit have not affected its clients' satisfaction, which is the highest of the big four banks. Clients rated their satisfaction with CBA advisers at 84.2% in the year to March 2014, a Roy Morgan survey revealed. ... |
| | | | ... them to go higher," he said. He said the local bourse had reached a 52-week high and was also due to fall. Among the major banks at 1018 AEST, Westpac gained 18 cents to $34.34, ANZ lifted three cents to $33.70, National Australia Bank rose 10 cents ... |
| | | | ... of the supervisory funding amounts compared to $49 million that will be sourced from deposit taking institutions such as banks. Super funds will also need to pay an additional $12 million in levies to cover Australian Securities and Investment Commission ... |
| | | | ... and its monetary policy, one that is pushing on a string in the 1990s up to the noughties. (my adds, not Super Mario's). "Banks may in turn respond to this situation with stricter credit standards which reinforces disinflationary pressure and hence worsens ... |
| | | | ... legislation, which focused largely on consumer protection. The ABA came out shortly after Industry Super Australia (ISA) accused banks of lobbying to water down the law and to reintroduce commissions in general advice. The bankers' organisation argued ... |
| | | | ... to be low, with markets in the United States and the United Kingdom closed on Monday for public holidays. Among the major banks at 1027 AEST, Westpac had lifted 12 cents to $34.31, ANZ gained 16 cents to $33.76, National Australia Bank dipped nine cents ... |
| | | | ... Geelong Football Club and not the Global Financial Crisis; the time when you, I and Irene (and even governments and central banks) thought that the good going was going to continue going good. But it didn't. The VIX soared to a reading of 80.86 in November ... |
| | | | ... funds do not pay sales commissions or other incentives to financial planners," Chief executive David Whiteley said. "The banks want to wind back provisions at the heart of FoFA, they want to extend the grandfathering of sales commissions at the same ... |
| | | | ... market is concerned, the iron ore price has just stopped falling in the last couple of days." At 1030 AEST among the major banks, Westpac had lifted 34 cents to $34.20, ANZ gained 25 cents to $33.66, National Australia Bank improved 16 cents to $33.70 ... |
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