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| | | ... while many Slater & Gordon CBA clients had received compensation, there were still thousands, including clients from other banks, particularly the Bank of Queensland, that are struggling. "We also look forward to ASIC taking action against the founders ... |
| | | | The world's major central banks are in danger of setting off a mercantilist race to the bottom as they attempt to gain competitiveness through artificial currency debasement, analysts say. After six years of abstinence, the Japanese Ministry of Finance ... |
| | | | ... Billiton was up 36 cents, or 0.93 per cent, at $39.11, while Rio Tinto was $1.36 higher, or 1.84 per cent, at $75.15. Among the banks, Commonwealth Bank had gained 15 cents at $52.79, Westpac had risen four cents to $23.32, ANZ had added 14 cents to ... |
| | | | ... $39.03, Rio Tinto was 81 cents lower at $74.49 and Fortescue Metals was 11 cents, or 2.19 per cent cheaper at $4.92. Among the banks at 1205 AEST, Commonwealth Bank was down 48 cents at $53.32, Westpac had slipped five cents to $23.58, ANZ had dipped ... |
| | | | ... in 2008 after the government introduced the bank deposit guarantee, which guaranteed all cash or cash-related deposits in banks, but not in mortgage funds. The mortgage funds sector, already bleeding from investors taking money out due to the GFC, took ... |
| | | | ... said. He quotes the example of a Wall Street Journal league table that tracked the performance of international investment banks in 2008 - and how the analysts' stock picks performed over one year. Kiernan said the best performing bank was Morgan Stanley ... |
| | | | ... Supervision agreed to tighten capital requirements as expected... but not in the timeframe expected. The new rules raised banks minimum common equity requirement from 2 per cent to 4.5 per cent. Regulators also plan to require banks to hold a capital ... |
| | | | ... ownership will arguably be a distant dream to most buyers as a 50 per cent down payment would be needed to secure a loan. Banks can refuse to lend to third-home buyers in areas suffering from excess property price gains, or to those who cannot prove ... |
| | | | Landmark reforms will force global banks to raise their minimum capital requirements by at least double what they are today to avert another financial crisis - but the new rules, if adopted, could damage the smaller institutions. Bank regulators and ... |
| | | | ... foreboding of another recession, there are also lots pointing to brighter skies just over the horizon. Maybe the central banks know where we "go to my lovely"? But even they appear to be in disagreement too. Here's a recap of the Fed's thoughts and those ... |
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