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| | | ... lower-growth, lower-leverage equilibrium," he said. "Given the difficult hand the banks have had to play, the revenue outcomes are pretty solid for the full year. The main issue going forward will be whether that big rise in trading income is sustainable. ... |
| | | | ... of the nation turned their attention to activities at Melbourne's Flemington racecourse. "The volumes recently have been pretty modest anyway so I suspect that today they are going to be super modest," RBS Morgans equities director Bill Chatterton said. ... |
| | | | ... Michael Heffernan said the Australian market had opened in the black after strong leads from European markets. "It's a pretty buoyant opening," he said. "What struck me, apart from the New York Stock exchange closing because of the storm, was that Europe ... |
| | | | ... said, "While the research may reveal that 'Banxiety' is more common amongst the younger generation, luckily, there are some pretty quick and easy cures." The bank is hoping that the rise in mobile and app-based banking will help alleviate the problem ... |
| | | | ... recent Reserve Bank of Australia (RBA) cash rate cut which had offset mixed overseas leads. "The local market has held up pretty well considering the recent volatility in the US market in particular," he said. "I think it's still a reaction to the cut ... |
| | | | ... there are large internal teams. "We have access to a very wide range of investment managers globally, those insights are pretty hard to replicate with an internal team," he said. |
| | | | ... Heffernan said the falls on the Australian market were unsurprising given the drops in European markets on Friday. "It's pretty much as expected given the lacklustre situation in Europe and that commodity prices were down," he said. "It's not too bad ... |
| | | | ... that." He also said the cost of deposits was increasing. "We've actually been able to manage both sides of the balance sheet pretty well in what's been a very tough and competitive market," he said. The company shed 100 management roles about four weeks ... |
| | | | ... overseas markets. "Resources are a tad better as we had a bit of a rise in iron ore prices overnight but generally it's a pretty quiet opening," he said. US stocks closed little changed after a solid rally sparked by surprisingly good data on weekly ... |
| | | | ... notional pick-up in demand. "Commodity prices, notably on iron ore and coal are a barometer on China and should provide a pretty good reading on what's going on," says Davies. Over the short-term, Davies expects to see a mild decline in the Australian ... |
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