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| | | ... unsettled investors. Citigroup plans to turn over a big piece of itself to the government, a move that fanned worries that other banks would face crippling trouble with bad debt. And GE slashed its quarterly dividend by 68 per cent. Stocks closed off ... |
| | | | The Australian stock market was marginally higher at noon, as the banks helped the market shrug off a slump in the consumer sector. By 1200 AEDT, the benchmark S&P/ASX200 index was up 1.7 points, or 0.05 per cent, at 3,346.2 while the broader All Ordinaries ... |
| | | | ... exploring how to promote strong capital buffers above the minimum requirements that could be used in a downturn to insulate banks and encourage lending. While APRA is not a member of the Basel Committee it does support a single global approach to capital ... |
| | | | ... Street set aside some of its worries about the financial system Thursday as governments stepped up efforts to help struggling banks. Stocks rose moderately, extending a back-and-forth pattern shown throughout the week, although towards late afternoon ... |
| | | | ... consumer staples. "We've had a couple of stocks dragging on the market, but generally speaking we're up," he said. "The banks, Westfield, there are a few heavyweights doing well. "Really, the only thing dragging on the market are BHP and Telstra and ... |
| | | | ... Trigwell, global leader in financial services at IBM Cognos, said that the company's clients, which includes the largest banks and finance firms around the world, are demanding IT solutions that offer "direct line of sight" to every business unit. For ... |
| | | | ... Bernanke told Congress Monday that the recession might end this year, and that regulators aren't planning to nationalise banks. The news alleviated some of investors' deepening worries about the economy and the banking system, and the Dow Jones industrial ... |
| | | | The US government's move to potentially have direct share ownership in the banks bailed out during last year's crisis could dilute the returns of sovereign wealth funds and pensions funds that hold stake in US finance stocks. This week the US government ... |
| | | | ... next in line, then it'll be the carmakers turn. Wow! How good is that? Mr. And Mrs. Jones owning two of the biggest global banks and they can choose the latest model Chrysler, GM or Ford. The US government has already injected a huge amount of taxpayers' ... |
| | | | ... Nikkei stock index slid to a near four-month low on Monday as the failure of a Tokyo money-lender and the poor health of US banks depressed sentiment. The benchmark Nikkei-225 index fell 40.22 points, or 0.54 per cent, to 7,376.16, the lowest closing ... |
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