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Showing 3541 - 3550 of 5948 results for "Banks"

Planners double allocation to term deposits

MELANIE TIMBRELL  |  FRIDAY, 3 FEB 2012
... complacent with term deposits amid falling interest rates. "Investors should be locking in rates now to get certainty, ahead of banks dropping interest levels again," said Investec's head of treasury, Ivan Katz. The futures market is pricing in an 80% ...

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

China on course for slowdown, not landing: Fidelity

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
... slowdown." Urquhart said that while there has been a certain amount of deleveraging in Asia, particularly in the case of European banks taking money out of the region in the wake of the GFC (around 15%), funding is not an issue for the world's second ...

Market Wrap - Morning

AAP  |  THURSDAY, 2 FEB 2012
... billion ($A94.48 billion), stoked interest and help power Wall Street to solid opening gains. Additionally, reports that banks would use an upcoming offer of very cheap three-year funds from the European Central Bank (ECB) to source twice or even three ...

What hard landing?

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2012
... land hard. PBOC to the rescue. Late last year, the People's Bank of China (PBOC) cut the reserve requirement ratio for its banks by 50 basis points as it shifted its policy focus from inflation control into growth promotion. This was the Chinese central ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
... to restructure its debt with private creditors and agree details for a second bailout package. The news weighed on local banks and resources - the largest elements in the stock market - despite a 0.9 per cent rise in consumer staples after Woolworths' ...

German FM defends Euro

ALEX DUNNIN  |  WEDNESDAY, 1 FEB 2012
... economic shape as they should be due to macroeconomic imbalances, excessive public debt and over leveraging by ill-advised banks. This is why the 2008 global financial crisis in Europe "morphed into a crisis of confidence, questioning the political will ...

Market Wrap

AAP  |  FRIDAY, 27 JAN 2012
... AEDT, global miner BHP Billiton was 50 cents higher at $37.92, and Rio Tinto had added $1.49 to $69.84. Among the major banks, Westpac was up 24 cents at $21.54, Commonwealth Bank advanced 64 cents to $51.64, ANZ lifted 26 cents to $21.68 and National ...

NAB injects £130 million into UK Pension Fund

CLAIRE MCGREAL  |  FRIDAY, 27 JAN 2012

Covered bonds losing their shine: S&P

MELANIE TIMBRELL  |  FRIDAY, 27 JAN 2012
... guaranteed paper at an attractive price. "Secondary trading of these papers has tightened in about 20bpts. Arguably, Australian banks are some of the few banks left rated AA-. They are relatively solid. Besides, there is a lot of cash out there that ...