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| | | ... chance. "The banks are probably seeing a bit of benefit from that," Mr Russell said. ANZ added 24 cents to $29.36, Commonwealth Bank put on nine cents to $73.61, NAB found 12 cents to $30.99 while Westpac gained 34.5 cents to $30.41. Macquarie Bank ... |
| | | | Investment manager State Street Global Advisors (SSgA) has launched a joint venture in China with Zhongrong International Trust (ZRT). Based in Beijing, the joint venture will manage local investment funds on behalf of retail, high net worth and institutional ... |
| | | | ... since it was open for submissions on July 8. One of the documents presents the case of a 71 and 64 year old couple whose bank approved a $900,000 loan for a 30 year term in 2007 without consulting with them. "We did not want, or ask for such a big loan," ... |
| | | | ... investment management firm with $250 million in funds under management. Tim Farrelly, formerly executive director of Macquarie Bank Ltd, is a member of the company's Asset Allocation Investment Committee. |
| | | | ... prices hit resources companies and the big banks climbed. The market was in negative territory all day until a late rally in bank and property shares lifted the main indices. The benchmark S&P/ASX200 index was up 0.5 points, or 0.01 per cent, at 5,035.6 ... |
| | | | ... per cent, or $7.36, to $8 as the federal government pushes ahead with its proposed fringe benefits tax reforms. Macquarie Bank was also lower, dropping $1.21 to $44.41, despite the investment bank saying it expected profits to rise thanks to a lower ... |
| | | | ... respective business transformation. The company also revealed that it has appointed a number of financial advisers including Bank of America Merrill Lycnh (BAML) "to consider and review a range of potential opportunities in the rapidly changing financial ... |
| | | | Fidelity has launched a new Australian equity fund focusing on the mid- and small-cap market. The Fidelity Future Leaders Fund will comprise a portfolio of between 40 and 70 stocks from outside the Australian market's 50 largest companies. The fund ... |
| | | | The strong performances of Macquarie Group's wealth divisions have led the financial services company to confirm it expects to report a year-on-year rise in profits for 2014. In a first quarter update ahead of the group's annual general meeting, managing ... |
| | | | Commonwealth Bank has submitted proposals to the boards of two trusts allowing it to relinquish its funds management responsibility. CBA confirms it has submitted indicative, non-binding proposals to the Commonwealth Managed Investments Limited (CMIL) ... |
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