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| | | ... to retain its diamonds businesses following a review which considered a range of options, including divestment. The big banks were mainly lower, with CBA down 51 cents, or 0.8 per cent, at $65.55, NAB 23 cents, or 0.79 per cent worse off at $28.75, and ... |
| | | | ... sector: they're the main two sectors that they focus on and we've seen that weakness across the board there." The big four banks have fallen, with Commonwealth Bank losing three cents to $66.23, Westpac shedding 27 cents to $27.89, ANZ losing four cents ... |
| | | | ... investors due to the considerable capital required to achieve both portfolio diversity and market acceptance from borrowers and banks. Since the global financial crisis (GFC), increased bank funding costs and regulation have increased the cost of bank ... |
| | | | ... confidence. And this danger has become real and present especially combined with news that China is reportedly "punishing" its banks by letting interest rates soar there at the same time that its PMI shows manufacturing contracting. Bloomberg reports ... |
| | | | ... managing director responsible for all foreign exchange and emerging markets. Before that he was with a number of investment banks including Bankers Trust. "Jamie's extensive global investment and financial advisory experience, including a deep knowledge ... |
| | | | ... Telstra had lost five cents, or 2.4 per cent, to $4.60, typical of the downwards trend of blue-chip securities. All the big banks were down, with ANZ losing 42 cents, or 1.5 per cent, to $27.93, CBA was $1.40, to two per cent, worse off at $66.96, NAB ... |
| | | | ... high-yielding 'zombie' stocks, according to UK-based Duncan Lawrie Private Bank's James Humphreys. Stimulus measures by central banks in Europe, the US and Japan have propped up global markets since the onset of the financial crisis but Humphreys, an ... |
| | | | ... Evan Lucas told AAP. "We're up 0.4 per cent, which is following on from what we saw in the US overnight and Europe." The banks were mixed, with ANZ flat at 28.38, NAB up 10 cents at $29.84, Commonwealth down 32 cents at $68.17 and Westpac 29 cents lower ... |
| | | | Lifetime annuities could be staging a dramatic comeback with Challenger targeting sales of $240 million in the 2013 financial year. According to figures from Plan For Life, the industry has not seen demand of that size since 2004, when the top six companies ... |
| | | | ... women. FIIG's intermediaries team provides fixed-income investment services to financial planners, family offices and private banks. In their new roles managing the team, Jenkin and Gross will focus on business development, including long-lead time projects ... |
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