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| | | ... BHP Billiton fell 47 cents, or 0.96 per cent to $48.42, while Rio Tinto decreased $1.04, or 1.2 per cent to $85.96. Major banks were mixed, with Westpac leading the sector and gaining 19 cents, or 0.77 per cent to $24.73. In news on Wednesday, uranium ... |
| | | | ... third-party service to help superannuation funds find partners for their cash deposits, spreading risk across a panel of banks and increasing rates of returns. It has $80 million in managed cash. O'Neill said La Trobe was now talking to a number of super ... |
| | | | ... CMC client. "The ability to invest in shares is a popular option for families and individuals...We can now match the big banks on product suite, while continuing to offer the personalised service that BOQ is well known for," said David Liddy managing ... |
| | | | ... and they will also lessen pressure on inflation which, in turn, would reduce monetary tightening pressure among central banks. Another dip, another buying op. |
| | | | ... Frankfurt the DAX was off 0.17 per cent to 7,204.86 points. Other European markets posted similar modest losses. In London, the banks were in focus after a government commission recommended reforms to prevent the need for any more state bailout, chief ... |
| | | | ... Wealth executive John Billington said that truly putting the customer first will be a differentiating factor. "A lot of banks talk about the customer being important but that's often a product flogging exercise. We're going to put in place mechanisms ... |
| | | | ... seems excessive. We're at the bottom of the market, people have got gearing down to 40-50% and there's no risk at all but banks are still charging four times what they once were," he said. One area of increased inflow is Asian institutions. "A trend ... |
| | | | ... forecast downgrade and capital raising," Ms Chan said. "They have just ignored that completely." Ms Chan said the major retail banks were weaker, perhaps due to some investors switching out of finance stocks and into materials and energy. ANZ had fallen ... |
| | | | ... gaining traction," he said. "These corporates are all borrowing cheaper through the capital markets than in some cases the banks could borrow themselves," he said. Vivek Prabhu, portfolio manager and credit analyst for Perpetual, agreed, saying AA rated ... |
| | | | ... with a view to closing withing 90 days. In February, Yellow Brick Road further illustrated its intention to challenge the banks with the launch of its own range of term deposits. "Yellow Brick Road has entered into this strategic deal with Nine with ... |
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