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| | | ... equities news is expected. In Australia on Tuesday, stocks slid more than half a per cent, as falls among the big retail banks pushed the broader market lower. At 1615 AEST on Tuesday, the benchmark S&P/ASX200 index was down 26.2 points, or 0.61 per ... |
| | | | ... decrease of 1.78% on the prior corresponding period "strong" noting the last financial year had been a challenging one for all banks in the context of lower credit growth and increased funding costs. "A continued focus on cost management and productivity ... |
| | | | ... activities in investment banking difficult to make an adequate return on." He said profits would be hit by British plans to force banks to ring fence their retail activities, reported AAP. New Basel III rules will also require Europe's major banks to ... |
| | | | ... bonds in Australia". That their "long-term technical buy signal on Australian equities is in effect, but avoid miners and banks... buy into defensives (consumer staples and health care) as well as industrials." And that, "Industrials and manufacturing ... |
| | | | ... rather than paying out to customers, money should be going into the general estate. Freeh advocates for creditors such as banks and other companies pursuing claims against the brokerage unit in the US, where there is an ongoing federal investigation ... |
| | | | ... share like danger," said Christoph Schnelle, principal at In Your Interest Financial Planning. While older hybrids issued by banks were mostly good as they were more bond-like, he said the newer ones are more share-like and far more dangerous. Schnelle ... |
| | | | ... Jointly conducted by Ernst & Young in conjunction with the Institute of International Finance (IIF), the survey found that banks have reworked the structure of their risk management areas, with 87% reporting they have board risk committees - a major ... |
| | | | ... global miner opened 14 cents lower at $33.13, while fellow resource giant Rio Tinto lost 16 cents to $54.25. Among the major banks, Commonwealth Bank was 19 cents down at $55.61, National Australia Bank had shed nine cents to $25.28, Westpac had sagged ... |
| | | | ... applications, iPad apps and redesign their websites. But this doesn't mean giving away free iPads, which they said was a gimmick. "Banks and credit unions have begun to realise that their website is the most critical component of their online strategy. ... |
| | | | ... interest have been cited over the cases running concurrently, with another lawyer pursuing a private action against the banks, Stewart Levitt, counselling his clients not to accept an out-of-court settlement if one is sought by ASIC. Levitt told Financial ... |
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