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| | | ... solvent nations and restructurings for insolvent countries. Fisher also spoke about the need for recapitalisation for European banks, structural reform and a move toward a fiscal union. During the presentation, Fisher also discussed the 'New Normal' ... |
| | | | ... established by government decree. They have no inherent value and their supply is theoretically unconstrained. When central banks decide to increase the monetary base well in excess of GDP growth, this by definition is value-destroying. A gold-based ... |
| | | | ... Finance and Leasing market in Australia is mature, with very little differentiation between products offered by the major banks. "As a result, limited innovation has taken place in the industry and the breadth of asset classes being leased is very restrictive," ... |
| | | | ... Howell will lead its advisory business to the Asian wealth management industry with a focus on expanding its foothold with banks, securities firms, family offices, private banks and insurance companies. In addition, Howell will support the introduction ... |
| | | | ... greater fiscal discipline on member countries. Financials stocks were among the biggest winners. Investors have feared that US banks might be dragged down by their close connections to the unstable European financial system. LONDON - European stocks ... |
| | | | ... per cent, at $9.50 and Whitehaven shares were up 12 cents, or 2.13 per cent, at $5.76. In the financial sector, the big banks were up by between 0.19 per cent and 0.62 per cent. Macquarie Group was up 34 cents, or 1.4 per cent, at $24.71, while insurers ... |
| | | | ... another six months from 1 August 2012 to 1 February 2013. Help from the People's Bank of China also reducing by 50 bps its banks' reserve requirement ratio - starting this very day. Help from news out of the Eurozone that... wait for it... there is another ... |
| | | | ... that lowered the jobless rate. The economy created a net 120,000 jobs, close to forecasts and 20 per cent above October. Banks continued to profit from hopes that Europe is getting a grip on the crisis. Bank of America added two per cent, JPMorgan Chase ... |
| | | | ... declined after the previous day's jump. The Australian market is already up six per cent so far this week, as top central banks agreeing to pump dollar liquidity into the international banking system to avert a global financial crisis. IG Markets strategist ... |
| | | | Australia's big four banks have been downgraded by ratings agency Standard & Poor's. The decision to lower Westpac, Commonwealth, ANZ and NAB issuer credit ratings from AA to AA- is part of the agency's recent shakeup of ratings criteria, which was ... |
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