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| | | Fourteen Yellow Brick Road advisers were recognised for their efforts in the 2011 Yellow Brick Road Conference Branch Award Winners. The awards, held at the Sunshine Coast in Queensland on August 18-19, recognised branches working under the Yellow Brick ... |
| | | | ... stimulus by the Fed. The policy, known as quantitative easing (QE), is when the Fed buys government bonds from commercial banks in an effort to free up funds and encourage banks to lend money. US economic data out overnight showed new home sales fell ... |
| | | | ... cent to $10.79 after the company forecast 15 per cent earnings growth after a flat full year profit in 2010/11. The major banks were stronger at noon, with ANZ up 12 cents at $19.42 and Westpac 29 cents higher at $19.65. National Australia Bank was 20 ... |
| | | | ... potential areas of risk, the size of pension liabilities was the most pressing, and was large for all three domestic UK banks, compared with their continental counterparts, the report said. Only a small number of European banks have pension liabilities ... |
| | | | ... complementary to operating in the markets for Treasury and agency debt, would be for the Fed to offer fixed-term loans to banks at low or zero interest, with a wide range of private assets (including, among others, corporate bonds, commercial paper ... |
| | | | ... cents to $1.36 after it announced it would invest $346 million in several iron ore mines. In other local trade, the major banks were higher, with ANZ up two cents at $19.52 and Westpac 13 cents higher at $19.78. National Australia Bank was 35 cents ... |
| | | | ... Europe, prompted by an investment bank report and poor economic data from the US. Fears about the liquidity of european banks and the Greek bailout also resurfaced, further hurting sentiment. A key US manufacturing index taken by the Federal Reserve ... |
| | | | ... release to the Australian Securities Exchange. Ratings agencies have voiced concern about the reliance of Australia's Big Four banks on raising capital from offshore wholesale debt markets. All four major banks face a possible one-notch ratings downgrade ... |
| | | | ... from valuations on a revenue basis to an earnings basis," Hunt said. Virginia Heyer, managing director of StrategyOne, said banks wouldn't even lend on annual ongoing revenue in the future. "They'll lend on EBIT," she said. "You've got to show you're ... |
| | | | ... its outlook. Among the miners, BHP Billiton lost 54 cents to $39.28 and Rio Tinto was 85 cents lower to $73.57. The major banks were down, with Westpac five cents lower at $20.46 two days after posting a two per cent fall in third-quarter cash earnings ... |
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