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Showing 3211 - 3220 of 5948 results for "Banks"

Market wrap late AM

AAP  |  THURSDAY, 25 OCT 2012
... analysts about whether ANZ would be able to sustain the revenue performance of its offshore ventures. The other big retail banks were mixed - CBA was steady $57.08, NAB was up nine cents at $25.99 and Westpac was steady at $25.27. The spot price of gold ...

SFG appoints head of B2B business

MARK SMITH  |  THURSDAY, 25 OCT 2012
... Platforms. SFG Australia's managing director, Tony Fenning, said: "With the consolidation of dealer groups into the big banks, insurance and fund companies over recent years, we anticipate good demand for a pre-eminent B2B service provider which assists ...

ANZ posts record profits

MARK SMITH  |  THURSDAY, 25 OCT 2012
... bank dramatically with 21% of revenue now derived from outside of Australia and New Zealand. The ANZ result kicks off the banks' reporting season with NAB and Westpac's results due over the next couple of weeks. Chief executive Mike Smith said that China ...

Market wrap AM

AAP  |  THURSDAY, 25 OCT 2012
... function. In Australia, the market on Wednesday finished moderately weaker, led downwards by a sell-off in mining stocks and the banks. At the close of trade, the benchmark S&P/ASX200 index was down 37.3 points, or 0.82 per cent, at 4,505.8, while the ...

Big infrastructure underscores China growth

BEN COLLINS  |  WEDNESDAY, 24 OCT 2012
... individual animal. Banking technology is also in high demand, with Digital China deriving a lot of business from smaller banks in tier two and three cities that need to advance their offerings. "While there are concerns about corporate governance, the ...

Don't ignore China banks: Macquarie

BEN COLLINS  |  TUESDAY, 23 OCT 2012
... earnings (ROE), said Victor Wang, deputy head of Hong Kong and China research at Macquarie Capital Securities. Negativity over banks in China stems from fears that the country's debt is too big, and that profits are unsustainable due to short-term credit ...

LM secures due diligence agreement

LINDA HAUSKEN  |  MONDAY, 22 OCT 2012
... The nation's strong economic performance includes 21 years of sustained economic growth, four of the world's nine AA-rated banks, the fourth largest managed funds industry and one of the best performing stock markets. Drake added that this performance ...

UK becoming OK

BENJAMIN ONG  |  MONDAY, 22 OCT 2012

Market Wrap

AAP  |  MONDAY, 22 OCT 2012
... Chancellor Angela Merkel voiced stiff opposition to using new eurozone rescue funds to replenish the coffers of troubled Spanish banks. The euro eased to $US1.3028 from $US1.3067 late in New York on Thursday. HONG KONG - Asian markets have been mixed ...

Macquarie in bid for Robeco: Report

MARK STORY  |  THURSDAY, 18 OCT 2012
... Fox-Pitt Kelton Cochran Caronia Waller. Initially sceptical over Rabobank's chances of securing a decent price, investment banks now expect to see offers in excess of 2 billion euros ($2.5bn), based on renewed market sentiment, and a notable thumbs-up ...