Australia's ANZ takes profit hit as inquiry fallout sweeps banking sector

Australia's ANZ takes profit hit as inquiry fallout sweeps banking sector

SYDNEY (Reuters) – Australia and New Zealand Banking Group Ltd (ANZ.AX) said on Monday it would take a A$711 million ($501 million) hit to profit
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Shepherd + Wedderburn banking and finance team sees 41% rise in deals activity

The banking and finance team at law firm Shepherd + Wedderburn enjoyed a strong year for deals activity with a 41 per cent rise in completed deals
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Weed Ed | Navigating the banking quandary

Jamaican cannabis companies are facing what other ganja businesses around the world have been experiencing: exclusion from the banking sector.
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$1.5 billion Frisco Station ramping up with new construction

This week real estate execs and city leaders were on the property to launch construction of the next phase of the $1.5 billion Frisco Station
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MSCI Launches MSCI Real Estate Enterprise Analytics to Meet Demand for Performance Analysis …

LONDON–(BUSINESS WIRE)–Traditional 'one size fits all' benchmark reports are no longer satisfying real estate investors' need for effective and
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Schroders and Lloyds Banking in Talks on Wealth Arm Business

Schroders Plc and Lloyds Banking Group Plc said they are in talks to work closely on the wealth management business as the fund manager vies to
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OPINION | Who controls India's banks? Promoters, board, shareholders or RBI?

Gaurav Choudhury. The primary responsibility of any watchdog is to ensure that all players perform within the rules of the game. As the banking
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Europe's banking system is not as robust as it may seem

While recovery has picked up in Europe, the European banking system is not as robust as it may seem, warns a new report, mounting concerns that
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Making the transition: Why we joined a national real estate company

After many years of working and operating as independent Miami real estate broker/owners (from two separate offices), we recently decided to join a
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Miami wealth manager's real estate forecast: Prices go down as sea-rise risks go up

“Vulnerable real estate is real estate that could go underwater — literally, not figuratively,” said Singer, founding partner of Coral Gables-based Singer
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We are taking banking to the people —Diamond Bank boss

Managing Director, Diamond Bank Plc, Uzoma Dozie, in this interview addresses current challenges in the banking industry, and how they are
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China's Latest Banking Move Shows How Nervous It Is About Its Economy

China's mainland markets tumbled on their first trading day following the central bank's decision to cut the amount of cash that the country's lenders
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BR Analysis. Romania's Banking system maintains focus on development

Romania's banking sector went through a wave of privatizations in the late '90s. This opened the market to large international financial players that in
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We Are Definitely Bullish on EM, Says Emirates NBD's Bajwa

… the trade relationship between the U.S. and China could impact markets. He speaks on “Bloomberg Daybreak: Middle East.” (Source: Bloomberg)
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China says it's not afraid of trade war with the US — its actions show Beijing is nervous

The decision by China's central bank to cut the amount of reserves held by banks is an indication that authorities in the world's second-largest
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India: Shapoorji plans to raise $271m from land assets, $200m more from SCPE, Actis, others

Shapoorji Pallonji group's real estate arm plans to monetize about 100 acres of land over the next two years to raise about Rs 2,000 crore, bulk of
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Bears Beware, the Yuan Will Weaken on China's Terms

Emerging-markets currencies, taking a cue from China, are suffering a 5.2 percent blow this year. There are many reasons to dislike the yuan. China's
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If we hate the banks so much, why are we so loyal?

While we know banks provide a service – and a kind of important one too – and are entitled to make money from the provision of such a service, the
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ANZ takes profit hit as inquiry fallout sweeps banking sector

[SYDNEY] Australia and New Zealand Banking Group Ltd said on Monday it would take a A$711 million (S$693 million) hit to profit due to higher costs
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Italy Problematic on Growth for 20 Years, Says European Stability Mechanism

… impact of the trade war on Europe, Italy's budget plans and the Italian government. He speaks on “Bloomberg Markets: Asia.” (Source: Bloomberg)
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