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| | | ... operate an MDA. "Adding Federation was also a way to provide advisers with an alternative to the platforms owned by the major banks/ institutions," Davis said. Davis went on to say that there is a convergence occurring with accountants and financial ... |
| | | | ... Simple Fund 360. The Simple Fund 360 will be released on 19 March 2014 and will include almost 100 data feeds from the major banks, wraps and brokers. BGL managing director Ron Lesh said that this solution is a one-of-a-kind as you can access it from ... |
| | | | ... Weston said he expected the market to remain steady throughout the day. "I can't see a major downside in any of the major banks, given that we're coming into dividend season." The big four banks were mixed. Commonwealth Bank shares were down 46 cents ... |
| | | | ... strong as the unemployment rate thresholds suggest. It's also all good for as long as the markets play along with the central banks' game of moving the goalposts. But judging from last night's trading activity - where the pound sterling and yields on ... |
| | | | The Australian share market has risen on the back of the Commonwealth Banks' strong half year profit. A strong lead from Wall Street combined with outstanding earnings reports, first from ANZ and now the CBA, has lifted the market, IG Markets dealer ... |
| | | | ... institutional banking and markets. This was up 19% on the previous corresponding time period. The cash profit, a measure banks use to reflect underlying performance, rose in the six months to December 31 amid subdued economic conditions. The result compares ... |
| | | | ... interest rates. Morningstar analyst David Ellis said the result showed the economy was still growing, enabling the major banks to maintain their strong financial positions, which has seen the industry's profits rise since the global financial crisis. ... |
| | | | ... $36.46, Rio Tinto had lost 52 cents to $66.50 while iron ore miner Fortescue was four cents lower at $5.55. Among the big banks, the Commonwealth Bank was slightly up by 0.5 cents to $74.855 while Westpac had lost 16 cents to $31.61, ANZ was unchanged ... |
| | | | ... kicking in," he said. The gains were spread across all of the major market sectors on Monday morning, with the big four banks and resources among the biggest drivers. As of 1025 AEDT, BHP Billiton had climbed 38 cents to $36.47, Rio Tinto had lifted ... |
| | | | ... paper suggested. However, for this to happen, the Reserve Bank would need to cut rates a further 50-100 basis points and the banks would need to pass this onto mortgagees, unemployment would have to remain stable even if business investment contracts ... |
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