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| | | ... rose to $2.428 billion in the six months to March 31, from $2.095 billion a year earlier, NAB said. Among the other major banks, Westpac was 22 cents lower at $23.89, ANZ lost 13 cents to $23.32, and Commonwealth Bank fell 18 cents to $52.49. Meanwhile ... |
| | | | ... low on a broad-based sell-off sparked by profit-taking in the oil and gas sector and the lack of good earnings news from banks. The benchmark S&P/ASX200 index was 44.5 points, or 0.93 per cent, lower at 4740.1, while the broader All Ordinaries index ... |
| | | | BT Financial Group's profits rose by 14 per cent to $243 million in the six months to March - a stellar result driven by an improvement in the funds management business, Westpac Group said today. The wealth management firm's $29 million rise in economic ... |
| | | | ... recovery, the active/active approach would improve that by using only two servers in each location. "For years now, the big banks have realised the flaws in the active/passive system and have implemented what we like to call an active/active system," ... |
| | | | Mortgage aggregator Vow Financial is looking to ward off competition from banks by offering financial planning services to retail property investors. Vow Wealth Management has been launched as a joint venture with financial planning firm, The Selector ... |
| | | | ... was down 64 cents at $45.51, while Rio Tinto had slipped 97 cents to $81.75. ANZ Banking Group, the first of three major banks to report this week, increased first half profit by 38 per cent to a record $2.664 billion, while warning the operating environment ... |
| | | | ... boost from record high gold and silver prices and the oil price hit a two and a half year high on Friday." Among the major banks, Westpac, ANZ and NAB are due to report their first half results this week. At 1029 AEST, shares in Westpac were up five ... |
| | | | ... Kong," said Kenny Tang, head of research at Redford Securities. Beijing has hiked rates four times and the amount of money banks must hold in reserve seven times since October as it struggles to contain inflation. Chinese shares closed up 0.85 percent ... |
| | | | ... business for US$550 million in the biggest ever purchase for the firm, it told the Australian Stock Exchange today. Two banks have provided bridging finance for the purchase amount, with Computershare saying it will pay through cash reserves and new ... |
| | | | ... their allocation to shares," he said. "But we might tweak it to go for shares that pay good dividends such as Telstra or the banks." Hutton said trustees needed to understand the different levels of liquidity in fixed interest investments and cash deposits ... |
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