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| | | ... "another day when we are bleeding in this war of attrition," Mr Heffernan said. "The major stocks that are being hit are the banks with fears about Greece and China." Stocks were trading at their lowest since August last year. Consumer sentiment dropped ... |
| | | | ... regulator announced that it would ban naked short selling of credit default swaps of Eurozone bonds and in shares of 10 banks and insurers. According to BaFin, this is because "massive" short selling "could endanger the stability of the entire financial ... |
| | | | ... the Eurozone's uncohesive political governments. Or if you believe Greek Prime Minister Papandreou, it's the US investment banks' fault. Wasn't it not even a year ago that almost everyone and his dog were diversifying into euros? Sovereign wealth funds ... |
| | | | ... benchmark Hang Seng Index lost 430.23 points, or 2.14 per cent, to 19,715.20 points, its lowest point since February 8. Banks fell on fears interest margins could further narrow due to the euro's problems. HSBC, which has significant business in Europe ... |
| | | | ... client services director and general manager for RSP Recruitment Australia and has held senior management roles at Morgan and Banks, and Drake International. "Julia brings a wealth of recruitment agency experience to AMP having project managed the recruitment ... |
| | | | ... which has added some volatility to our market." Mr Sebastian said financials were suffering after reports that nine global banks were facing probes in the US, which followed the threat of a class action against local banks over exception fees. At 1201 ... |
| | | | ... sovereign debts, European Central Bank purchases of government and corporate bonds and provision of unlimited credit to European banks. The US Federal Reserve also offered its support by reopening its swap lines with Europe's banks. Financial markets ... |
| | | | ... markets on Thursday, with investors spooked by news of a blast in Athens and the spectre of criminal charges against nine banks. The blue-chip Dow Jones Industrial Average fell 113.96 points, or 1.05 per cent, to 10,782.95. The tech-rich Nasdaq composite ... |
| | | | ... in the black with particular gains in energy and materials, she said. Commonwealth Bank was the weakest of the big four banks after Wednesday afternoon reports that major lenders could be facing class actions over excessive charges. At 1215 AEST, Commonwealth ... |
| | | | ... in this time of regulatory change, financial institutions require a broad global footprint," she said, adding that many banks, fund managers and super funds will be looking more to software-as-a-service (SaaS) model as an alternative to their current ... |
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