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Showing 3191 - 3200 of 5948 results for "Banks"

Reliance on improving global economy threatens big-four in 2013

MARK SMITH  |  THURSDAY, 8 NOV 2012
The annus horribilis that Australia's big-four banks expect to define 2013 could become a present reality if too much of their fortunes are hitched to an expected strengthening global economy following the re-election of US President Barrack Obama yesterday ...

RBA holds rates but deploys rhetoric as magic pudding

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
... he was surprised by what he described as a very explicit statement on the part of the RBA. "It's well known that central banks cut rates when they are trying to get investors to add risk, but it is surprising that Stevens is saying that in his statement. ...

ETP flows eclipse 2011 totals

BEN COLLINS  |  WEDNESDAY, 7 NOV 2012
... emerging market equities, China exposures led, followed by broad emerging market exchange traded products (ETPs). Central banks in China and Brazil have aggressively lowered interest rates in 2012. Investors hedged risk by putting money into gold as ...

Big four prepare market for annus horribilis 2013

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
Australia's big four banks have posted combined cash earnings of more than $25 billion, but bank chiefs, analysts and investors alike have focused on concerns about the sustainability of returns in a tough environment. Westpac rounded off the reporting ...

Westpac calm in face of storm

MARK SMITH  |  TUESDAY, 6 NOV 2012
... any other year since the onset of the GFC. With NAB's shareholders seeing no signs of jettisoning Clydesdale or Yorkshire Banks and ANZ's Smith describing giving back to shareholders as 'a difficult balancing act', Kelly's bold guaranteed of 15% return ...

Three chances to win

BENJAMIN ONG  |  TUESDAY, 6 NOV 2012
... rates steady or cut by 25 bps... or 50 bps? Bet correctly and fortune awaits. But you won't be able to top the Australian banks' winnings should the RBA hand down a rate cut today - they'll win for sure, as they have in recent times when they skim a ...

Market Wrap

AAP  |  MONDAY, 5 NOV 2012
... the prior corresponding period, due to the tax implications of its takeover of smaller rival St George. Cash earnings - banks' preferred measure of financial performance - rose five per cent to $6.6 billion, Westpac said, which was above market expectations. ...

Good not great but getting better

BENJAMIN ONG  |  FRIDAY, 2 NOV 2012
... another global growth downgrade by the IMF. They returned with only a hope and a prayer that maybe, just maybe, the central banks would print more dough. We all know the Fed, the ECB and the BOJ all did - they answered the markets' prayers. Still, there ...

Tas public sector fund awards TD mandate

BEN COLLINS  |  THURSDAY, 1 NOV 2012
... Executive Director Bill Keogh said the $300 million RBF passive mandate would be invested in term deposits across several banks and Australian deposit taking institutions. "The RBF mandate is part of a much larger trend by industry super funds to utilise ...

Triple bypass needed to resurrect NAB's UK business

MARK SMITH  |  THURSDAY, 1 NOV 2012
... funding will be much cheaper and the balance sheet will be in better shape. "NAB is the least preferred of the big Australian banks but investors who hold it are still getting a yield far in excess of that available on term deposits," D'Amato said. "Shareholders ...