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| | | As the big four banks prepare for the end of the extraordinary bull run experienced since the global financial crisis, their wealth management arms also gear up for a new era. In a more challenging market and regulatory environment, the focus for the ... |
| | | | ... that." The financial sector could also be an opportunity for Australian institutional investors seeking to diversify from the big four banks and their correlation with the resources sector. "The financial sector has not been a favourite among investors ... |
| | | | ... private bank that had been acquired by Australia and New Zealand Banking Group (ANZ) in 1984. On his first week, he was given a big box full of term deposit cards and was asked to order them by date of expiry. "It was a really big box and a boring task. ... |
| | | | To paraphrase Karen (Carpenter), "there's a kind of hush all over the world overnight". The violent upheaval in the bond and equity markets you, I and Irene witnessed over the past few days appeared to have eased. Perhaps, this is because the selling ... |
| | | | The Australian market looks set to open a touch lower, as gains on Wall Street offset losses in the local market on Thursday. At 0648 AEST on Friday, the June share price index futures contract was down two points at 5,615. US stocks have pushed higher ... |
| | | | ... cent due to the Commonwealth Bank's soft quarterly profit and Woolworths' weak third-quarter sales result. The last of the big four banks, the National Australia Bank, released its first half cash profit of $3.32 billion on Thursday. The result, while ... |
| | | | ... 1, 2015, will change the life expectancy period to 24 months. "While this is a small regulatory amendment, it will make a big difference to the lives of those affected and that is why the Government has decided to act," Frydenberg said. The former system ... |
| | | | The Australian market looks set to open lower after US stocks lost ground overnight. At 0651 AEST on Thursday, the June share price index futures contract was down 24 points at 5,631. Wall Street fell for a second straight session following disappointing ... |
| | | | A disappointing quarterly result from the Commonwealth Bank is weighing down the broader share market. The share price of Australia's biggest listed company plummeted by $2.99, or 3.39 per cent, to $85.15, after it post a flat $2.2 billion cash profit ... |
| | | | Can't win 'em all. After getting wrong-footed three for three, expert guessers finally got their RBA rate cut calls correctly - the Australian central bank gave in and delivered a 25 basis point reduction, taking the official cash rate to a new record ... |
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