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| | | ... Tinto jumped $1.97, or 3.45 per cent, to $59.15 and Fortescue gained five cents, or 1.3 per cent, to $3.91. The four major banks also opened strongly. ANZ gained 12 cents to $24.21, National Australia Bank surged 20 cents to $24.15, Westpac added eight ... |
| | | | ... exploration and evaluation projects by $US1 billion ($A961.95 million) over the remainder of 2012 and 2013. The four major banks all posted gains at the start of the day. ANZ was up eight cents at $23.90, National Australia Bank gained 2.5 cents to $23.905 ... |
| | | | ... wake of the wave of reforms sweeping the superannuation sector. With the cost of funding becoming more expensive, the big banks will start to put more effort into wealth management, including superannuation, Stewart told delegates at the conference. ... |
| | | | ... finally caves in and drops 25 per cent, prompting the EU to call an extended bank holiday - closing all European exchanges and banks for a week or more. Huh? From the time Steen published his prediction (20 Dec 2011) to its lowest point last June, the ... |
| | | | ... 'Obamacare'. Birkhold says increased bank regulation and tighter capital requirements could see a fall in bank share prices as banks are forced to divide their retail and investment arms. Conversely, Bernanke's stimulus measures may promote an increase ... |
| | | | ... was sweeter that time around. In February, Reuters reported that, "About 100 billion euros of debt will be written off as banks and insurers swap bonds they hold for longer-dated securities that pay a lower coupon" and that, "Private sector holders of ... |
| | | | Yellow Brick Road is making a bid to poach disheartened staff from the Big Four banks with its latest recruitment drive. The financial services firm is looking for experienced finance industry professionals to fill posts for its new Wealth Agents business ... |
| | | | Calls for further regulation and stricter capital requirements will unnecessarily shackle our liquid banks, says Clime Asset Management's John Abernathy. In a new report, the International Monetary Fund (IMF) says the big four banks - Commonwealth Bank ... |
| | | | ... kick-started the equity market in 2009, continued stimulus has had a more limited effect. Furthermore, regulatory pressure on the banks such as the Basel III liquidity requirements may be a strain on equity performance. However, the Australian government ... |
| | | | Failed non-bank lender Banksia Securities should serve as a warning for people investing in mortgage debentures, said Atchison Consultants. Banksia Securities and the related Cherry Fund Limited which recently went into receivership are mortgage debenture ... |
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