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| | | ... probably be to at least hang on to some green on screens by the end of the day," he said. Among the major banks, Commonwealth Bank added three cents to $95.51, while Westpac retreated four cents to $39.52, National Australia Bank shed 18 cents at $39.00 ... |
| | | | ... with clients and reinventing the value proposition", is based on a survey of 60 wealth management, family office and private bank executives in 26 countries. It suggests that clients are becoming more risk-sensitive and sophisticated in their demands ... |
| | | | ... all receiving flows. The popularity of currency hedged funds, Manchanda added, is being driven by unconventional central bank policies and institutions recognising that ETFs are a cheap and efficient way to express currency positions quickly in a single ... |
| | | | ... Reserve committee member John Williams is down to speak at an Australian Business Economists lunch in Sydney and Reserve Bank of Australia assistant governor Malcolm Edey is slated to take part in a panel discussion at ASIC annual forum, also in Sydney. ... |
| | | | Disappointment over the Reserve Bank of Australia's (RBA) decision not to cut interest rates at its 3 March Board meeting reversed the Australian equity market's sharp uptrend that started in the middle of January. The All Ords dropped from a high of ... |
| | | | Finance, superannuation and insurance companies continue to feature prominently in IBISWorld's Top 1000 Australian companies report. Aside from the big four banks, which retain their place in the top 10, there were a further 134 financial and insurance ... |
| | | | ... to $58.68. But iron ore player Fortescue Metals was down 2.5 cents to $1.975. The big banks were mixed, with Commonwealth Bank retreating from its record high, down 24 cents to $96.08. But ANZ was up 12 cents to $36.91, Westpac had lifted one cent to ... |
| | | | ... by Deloitte reveals that the digital challenge faced by banks is intensifying and that, at the same time, alternative non-bank players are emerging in the finance technology (fintech) space. Deloitte's 'Digital transaction banking: opportunities and ... |
| | | | ... hearing in Sydney on Friday following fresh information coming to light in the advice scandal, this time at National Australia Bank (NAB). He said companies were interpreting the rules, which demand businesses report 'significant' breaches of their obligations ... |
| | | | ... said that those that breach the law by offering inducements could go unpunished. "The law (SIS Act section 68A) prohibits a bank from offering business banking discounts and other incentives to employers in exchange for access to employees' superannuation," ... |
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