Westpac Banking Corp

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1d
New Zealand's National Business Review
NZ dollar heads for 4.3% quarterly gain on TWI basis after shaking off Brexitmoment, a Bear Stearns moment and whether Brexit was one of those," said Robert
NZ dollar heads for 4.3% quarterly gain on TWI basis after shaking off Brexit
New Zealand's National Business Review / Posted yesterday
moment, a Bear Stearns moment and whether Brexit was one of those," said Robert Rennie, chief currency strategist at Westpac Banking Corp. "But leverage and liquidity are very different, we've been through multiple stress tests and central... Read more
17 related stories
1d
New Zealand's National Business Review
NZ residential building consents decline 0.9% in MayAuckland residential consents suggest that the number of annual consents is fla
NZ residential building consents decline 0.9% in May
New Zealand's National Business Review / Posted yesterday
Auckland residential consents suggest that the number of annual consents is flattening out in the 9,300 to 9,600 range," Westpac Banking Corp industry economist David Norman said in a note. "This slowdown in Auckland is bad news given the... Read more
3d
Newsmax
Eton Park's Gold Bet Pays Off as ETFs Soar Most in 4 Yearstheir best first half of a year since 1979. “It is going to be a very volatile
Eton Park's Gold Bet Pays Off as ETFs Soar Most in 4 Years
Newsmax / Posted 3 days ago
their best first half of a year since 1979. “It is going to be a very volatile ride,” Justin Smirk, senior economist at Westpac Banking Corp., said by e-mail. “There is much uncertainty about Brexit, not only just how will they do it but even... Read more
7d
Newsmax
Shock Waves Ripple Through Credit Markets After U.K. Brexit Votecredit default swaps increased 20 basis points to 155 basis points as of 1:34 p
Shock Waves Ripple Through Credit Markets After U.K. Brexit Vote
Newsmax / Posted 7 days ago
credit default swaps increased 20 basis points to 155 basis points as of 1:34 p.m. in Hong Kong, according to pricing from Westpac Banking Corp. The gauge is set to close at its highest level since March, based on pricing from data provider... Read more
7d
Brisbane Times
Brexit: ASX posts worst day this year amid shock of Britain's exitopen, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commo
Brexit: ASX posts worst day this year amid shock of Britain's exit
Brisbane Times / Posted 7 days ago
open, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commonwealth Bank slipped 3.3 per cent to $72.57, Westpac Banking Corp fell 4.4 per cent to $28.34, ANZ Banking Group lost 4.1 per cent to $23.44 and National Australia Bank... Read more
4 related stories
7d
WA Today
Brexit: ASX posts worst day this year amid shock of Britain's exitopen, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commo
Brexit: ASX posts worst day this year amid shock of Britain's exit
WA Today / Posted 7 days ago
open, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commonwealth Bank slipped 3.3 per cent to $72.57, Westpac Banking Corp fell 4.4 per cent to $28.34, ANZ Banking Group lost 4.1 per cent to $23.44 and National Australia Bank... Read more
4 related stories
7d
The Age
Brexit: ASX posts worst day this year amid shock of Britain's exitopen, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commo
Brexit: ASX posts worst day this year amid shock of Britain's exit
The Age / Posted 7 days ago
open, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commonwealth Bank slipped 3.3 per cent to $72.57, Westpac Banking Corp fell 4.4 per cent to $28.34, ANZ Banking Group lost 4.1 per cent to $23.44 and National Australia Bank... Read more
4 related stories
7d
Sydney Morning Herald
Brexit: ASX posts worst day this year amid shock of Britain's exitopen, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commo
Brexit: ASX posts worst day this year amid shock of Britain's exit
Sydney Morning Herald / Posted 7 days ago
open, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commonwealth Bank slipped 3.3 per cent to $72.57, Westpac Banking Corp fell 4.4 per cent to $28.34, ANZ Banking Group lost 4.1 per cent to $23.44 and National Australia Bank... Read more
4 related stories
7d
Canberra Times
Brexit: ASX posts worst day this year amid shock of Britain's exitopen, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commo
Brexit: ASX posts worst day this year amid shock of Britain's exit
Canberra Times / Posted 7 days ago
open, while S&P 500 futures indicated a 4.8 per cent fall. In the banks, Commonwealth Bank slipped 3.3 per cent to $72.57, Westpac Banking Corp fell 4.4 per cent to $28.34, ANZ Banking Group lost 4.1 per cent to $23.44 and National Australia Bank... Read more
4 related stories
7d
New Zealand's National Business Review
NZ shares plunge after Brexit vote; Xero, A2, banks hit hardmodest." Australia & New Zealand Banking Group fell 4.9 percent to $24.33, Hea
NZ shares plunge after Brexit vote; Xero, A2, banks hit hard
New Zealand's National Business Review / Posted 7 days ago
modest." Australia & New Zealand Banking Group fell 4.9 percent to $24.33, Heartland Bank dropped 4.8 percent to $1.20 and Westpac Banking Corp declined 4.5 percent to $29.60. The local bourse rallied yesterday as markets speculated the UK would... Read more
2 related stories
7d
The New Zealand Herald
NZ shares plunge after Brexit votemodest." Australia & New Zealand Banking Group fell 4.9 percent to $24.33, Hea
NZ shares plunge after Brexit vote
The New Zealand Herald / Posted 7 days ago
modest." Australia & New Zealand Banking Group fell 4.9 percent to $24.33, Heartland Bank dropped 4.8 percent to $1.20 and Westpac Banking Corp declined 4.5 percent to $29.60. The local bourse rallied yesterday as markets speculated the UK would... Read more
2 related stories
7d
New Zealand's National Business Review
NZ interest rates plunge– this might well be enough to tip the Reserve Bank's hand come August," said I
NZ interest rates plunge
New Zealand's National Business Review / Posted 7 days ago
– this might well be enough to tip the Reserve Bank's hand come August," said Imre Speizer, senior market strategist at Westpac Banking Corp. "We don't know how messy this could get – it's not so much the direct impact on the UK and on the rest... Read more
7d
New Zealand's National Business Review
NZ stocks turn as UK referendum result keeps investors guessingafter a fairly huge event, the world does go on and after this is priced in, wh
NZ stocks turn as UK referendum result keeps investors guessing
New Zealand's National Business Review / Posted 7 days ago
after a fairly huge event, the world does go on and after this is priced in, what happens after that?" Dual-listed bank Westpac Banking Corp was the biggest decliner on the NZX 50, down 3.4 percent to $29.95. New Zealand Refining Co declined 3.2... Read more
7d
Swissinfo
Swiss Franc Slides With Yen as Polls Suggest U.K. to Stay in EUmarket so far is taking a cautious view that the vote will be to stay in the EU
Swiss Franc Slides With Yen as Polls Suggest U.K. to Stay in EU
Swissinfo / Posted 7 days ago
market so far is taking a cautious view that the vote will be to stay in the EU,” said Imre Speizer, a market strategist at Westpac Banking Corp. in Auckland. To contact the reporters on this story: Benjamin Purvis in Sydney at... Read more
10d
New Zealand's National Business Review
NZ shares drop, Tegel and Vital Healthcare dip, A2 Milk gainsstate-certified health information organisation (HIO) Koble-MN to use its Amade
NZ shares drop, Tegel and Vital Healthcare dip, A2 Milk gains
New Zealand's National Business Review / Posted 10 days ago
state-certified health information organisation (HIO) Koble-MN to use its Amadeus precision medicine platform for an undisclosed amount. Westpac Banking Corp gained 1.8 percent to $31.19 and Comvita rose 1.7 percent to $12.30. (Bu... Read more
3 related stories
10d
New Zealand's National Business Review
NZ dollar trades in tight range vs greenback, falls vs pound as Brexit vote loomsat 10am on Friday, NZ time. "There will be a market reaction either way," said
NZ dollar trades in tight range vs greenback, falls vs pound as Brexit vote looms
New Zealand's National Business Review / Posted 10 days ago
at 10am on Friday, NZ time. "There will be a market reaction either way," said Imre Speizer, senior market strategist at Westpac Banking Corp. "An exit would see a significant 'risk-off' reaction in commodities, equities, the kiwi and the Aussie.... Read more
6 related stories
11d
The Register NorthJersey.com
Pound leaps most dince 2008 as 'Remain' tecaptures lead in polls"Remain" - that has helped risk sentiment a bit," said Robert Rennie, the globa
Pound leaps most dince 2008 as 'Remain' tecaptures lead in polls
The Register NorthJersey.com / Posted 11 days ago
"Remain" - that has helped risk sentiment a bit," said Robert Rennie, the global head of currency and commodity strategy at Westpac Banking Corp. in Sydney. "The polls are also driving the move away from safe- haven currencies." Among the other... Read more
2 related stories
11d
The Irish Times
Brexit: Sterling rises most since 2008 as Remain gains momentumback to Remain - that has helped risk sentiment a bit,” said Robert Rennie, hea
Brexit: Sterling rises most since 2008 as Remain gains momentum
The Irish Times / Posted 11 days ago
back to Remain - that has helped risk sentiment a bit,” said Robert Rennie, head of currency and commodity strategy at Westpac Banking Corp. in Sydney. “The polls are also driving the move away from safe-haven currencies.” Sterling climbed 2... Read more
115 related stories
11d
The Irish Times
Pound surges 2%, climbs the most since 2008-- that has helped risk sentiment a bit,” said Robert Rennie, the global head o
Pound surges 2%, climbs the most since 2008
The Irish Times / Posted 11 days ago
-- that has helped risk sentiment a bit,” said Robert Rennie, the global head of currency and commodity strategy at Westpac Banking Corp. in Sydney. “The polls are also driving the move away from safe-haven currencies.” Sterling climbed 2... Read more
11d
New Zealand's National Business Review
NZ shares rise as Brexit fears ease; A2 Milk gains, Warehouse fallspercent to $1.57 while Vital Healthcare Property Trust gained 2.3 percent to $2
NZ shares rise as Brexit fears ease; A2 Milk gains, Warehouse falls
New Zealand's National Business Review / Posted 11 days ago
percent to $1.57 while Vital Healthcare Property Trust gained 2.3 percent to $2.22. Both dual-listed banks gained, with Westpac Banking Corp up 2.1 percent to $30.64 while Australia & New Zealand Banking Group rose 1.8 percent to $24.95.... Read more
3 related stories
11d
The Star
Pound surges as polls favour ‘Remain’Remain” -- that has helped risk sentiment a bit,” said Robert Rennie, the globa
Pound surges as polls favour ‘Remain’
The Star / Posted 11 days ago
Remain” -- that has helped risk sentiment a bit,” said Robert Rennie, the global head of currency and commodity strategy at Westpac Banking Corp. in Sydney. “The polls are also driving the move away from safe- haven currencies.” Sterling surged... Read more
2 related stories
11d
New Zealand's National Business Review
GFNZ to revert to Geneva Financeservices, specialises in car and personal loans of up to $50,000. It draws most
GFNZ to revert to Geneva Finance
New Zealand's National Business Review / Posted 11 days ago
services, specialises in car and personal loans of up to $50,000. It draws most of its funding from a securitisation facility with Westpac Banking Corp. That facility was reviewed in June last year and extended through to July 2017. (Busines... Read more
11d
New Zealand's National Business Review
NZ consumer confidence dips in June quarter as households feel pinchin the March quarter, while a net 7.2 % see better times over a five-year horiz
NZ consumer confidence dips in June quarter as households feel pinch
New Zealand's National Business Review / Posted 11 days ago
in the March quarter, while a net 7.2 % see better times over a five-year horizon, down from 17 % three months earlier. Westpac Banking Corp senior economist Satish Ranchhod said the increase in population has provided a buffer from headwinds... Read more
2 related stories
11d
The New Zealand Herald
Consumer confidence dips in June quarter as households feel economic pinchquarter, while a net 7.2 per cent see better times over a five-year horizon, do
Consumer confidence dips in June quarter as households feel economic pinch
The New Zealand Herald / Posted 11 days ago
quarter, while a net 7.2 per cent see better times over a five-year horizon, down from 17 per cent three months earlier. Westpac Banking Corp senior economist Satish Ranchhod said the increase in population has provided a buffer from headwinds... Read more
2 related stories
11d
Reuters
For Australia's big banks, July election may open Pandora's box probeCommission with far-reaching powers could be a headache for the "Big Four" - Co
For Australia's big banks, July election may open Pandora's box probe
Reuters / Posted 11 days ago
Commission with far-reaching powers could be a headache for the "Big Four" - Commonwealth Bank of Australia (CBA) (CBA.AX), Westpac Banking Corp (WBC.AX), Australia and New Zealand Banking Group (ANZ) (ANZ.AX) and National Australia Bank (NAB)... Read more
11d
Channel NewsAsia
For Australia's big banks, July election may open Pandora's box probeRoyal Commission with far-reaching powers could be a headache for the "Big Four
For Australia's big banks, July election may open Pandora's box probe
Channel NewsAsia / Posted 11 days ago
Royal Commission with far-reaching powers could be a headache for the "Big Four" - Commonwealth Bank of Australia (CBA) , Westpac Banking Corp , Australia and New Zealand Banking Group (ANZ) and National Australia Bank (NAB) . The four are behind... Read more
13d
NZCity
Five guilty of $9m mortgage scamFebruary 2010 when a Bank of New Zealand investigator advised police about some
Five guilty of $9m mortgage scam
NZCity / Posted 13 days ago
February 2010 when a Bank of New Zealand investigator advised police about some transactions using false documents, while Westpac Banking Corp had begun to investigate another property deal at about the same time. Kiwibank made a complaint to the... Read more
7 related stories
14d
Weekly Times
Five guilty of NZ mortgage scamFebruary 2010 when a Bank of New Zealand investigator advised police about some
Five guilty of NZ mortgage scam
Weekly Times / Posted 14 days ago
February 2010 when a Bank of New Zealand investigator advised police about some transactions using false documents, while Westpac Banking Corp had begun to investigate another property deal at about the same time. Kiwibank made a complaint to the... Read more
7 related stories
14d
New Zealand's National Business Review
What Kogan paid for Dick Smith brand, web address, databasein administration and receivership shortly after Christmas. The company owed $1
What Kogan paid for Dick Smith brand, web address, database
New Zealand's National Business Review / Posted 14 days ago
in administration and receivership shortly after Christmas. The company owed $137 million to secured lenders including Westpac Banking Corp and the National Australia Bank and had total debts of around $250 million. Kogan's IPO Unfazed by Dick... Read more
14d
The Courier Mail
Five guilty of NZ mortgage scamFebruary 2010 when a Bank of New Zealand investigator advised police about some
Five guilty of NZ mortgage scam
The Courier Mail / Posted 14 days ago
February 2010 when a Bank of New Zealand investigator advised police about some transactions using false documents, while Westpac Banking Corp had begun to investigate another property deal at about the same time. Kiwibank made a complaint to the... Read more
7 related stories
14d
News.com.au
Five guilty of NZ mortgage scamFebruary 2010 when a Bank of New Zealand investigator advised police about some
Five guilty of NZ mortgage scam
News.com.au / Posted 14 days ago
February 2010 when a Bank of New Zealand investigator advised police about some transactions using false documents, while Westpac Banking Corp had begun to investigate another property deal at about the same time. Kiwibank made a complaint to the... Read more
7 related stories
15d
New Zealand's National Business Review
NZ dollar jumps after Fed signals more gradual path for US rate hikes, lower growthlonger above the long term trend. "The Fed was more dovish than expected," sai
NZ dollar jumps after Fed signals more gradual path for US rate hikes, lower growth
New Zealand's National Business Review / Posted 15 days ago
longer above the long term trend. "The Fed was more dovish than expected," said Imre Speizer, senior market strategist at Westpac Banking Corp. "The downgrade to the dot plots in 2017 and 2018 and longer term were unexpected and also the bigger... Read more
24 related stories
15d
The New Zealand Herald
NZ dollar jumps after Fed signalslonger above the long term trend. "The Fed was more dovish than expected," sai
NZ dollar jumps after Fed signals
The New Zealand Herald / Posted 15 days ago
longer above the long term trend. "The Fed was more dovish than expected," said Imre Speizer, senior market strategist at Westpac Banking Corp. "The downgrade to the dot plots in 2017 and 2018 and longer term were unexpected and also the bigger... Read more
24 related stories
18d
New Zealand's National Business Review
GFNZ boosts annual profit on widening margins, bigger loan bookspecialises in car and personal loans of up to $50,000 and draws most of its fu
GFNZ boosts annual profit on widening margins, bigger loan book
New Zealand's National Business Review / Posted 18 days ago
specialises in car and personal loans of up to $50,000 and draws most of its funding from a securitisation facility with Westpac Banking Corp. That facility was reviewed in June last year and extended through to July 2017. The NZAX-listed shares... Read more
21d
New Zealand's National Business Review
Credit, debt card retail spending slips in May, first decline in 13 monthsHowever, we'd caution against becoming unduly pessimistic about the outlook for
Credit, debt card retail spending slips in May, first decline in 13 months
New Zealand's National Business Review / Posted 21 days ago
However, we'd caution against becoming unduly pessimistic about the outlook for household spending based on today's data," Westpac Banking Corp senior economist Satish Ranchhod said in a note. "Much of this month's decline is a natural response... Read more
22d
Brisbane Times
Bank bill rate-rigging cases a big test for Federal Court judgecase management hearing for the Australian Securities and Investments Commissio
Bank bill rate-rigging cases a big test for Federal Court judge
Brisbane Times / Posted 22 days ago
case management hearing for the Australian Securities and Investments Commission's claims against ANZ Banking Group, Westpac Banking Corp and National Australia Bank will take place in Melbourne on June 27. A combined case management hearing... Read more
34 related stories
22d
WA Today
Bank bill rate-rigging cases a big test for Federal Court judgecase management hearing for the Australian Securities and Investments Commissio
Bank bill rate-rigging cases a big test for Federal Court judge
WA Today / Posted 22 days ago
case management hearing for the Australian Securities and Investments Commission's claims against ANZ Banking Group, Westpac Banking Corp and National Australia Bank will take place in Melbourne on June 27. A combined case management hearing... Read more
34 related stories
22d
The Age
Bank bill rate-rigging cases a big test for Federal Court judgecase management hearing for the Australian Securities and Investments Commissio
Bank bill rate-rigging cases a big test for Federal Court judge
The Age / Posted 22 days ago
case management hearing for the Australian Securities and Investments Commission's claims against ANZ Banking Group, Westpac Banking Corp and National Australia Bank will take place in Melbourne on June 27. The same Federal Court judge –... Read more
34 related stories
22d
Sydney Morning Herald
Bank bill rate-rigging cases a big test for Federal Court judgecase management hearing for the Australian Securities and Investments Commissio
Bank bill rate-rigging cases a big test for Federal Court judge
Sydney Morning Herald / Posted 22 days ago
case management hearing for the Australian Securities and Investments Commission's claims against ANZ Banking Group, Westpac Banking Corp and National Australia Bank will take place in Melbourne on June 27. The same Federal Court judge –... Read more
34 related stories
22d
Canberra Times
Bank bill rate-rigging cases a big test for Federal Court judgecase management hearing for the Australian Securities and Investments Commissio
Bank bill rate-rigging cases a big test for Federal Court judge
Canberra Times / Posted 22 days ago
case management hearing for the Australian Securities and Investments Commission's claims against ANZ Banking Group, Westpac Banking Corp and National Australia Bank will take place in Melbourne on June 27. A combined case management hearing... Read more
34 related stories
22d
New Zealand's National Business Review
NZ shares drop; Spark falls, SkyTV gains on Vodafone merger planHBO, for the next five years - so they've got a lot of time to hone their offer
NZ shares drop; Spark falls, SkyTV gains on Vodafone merger plan
New Zealand's National Business Review / Posted 22 days ago
HBO, for the next five years - so they've got a lot of time to hone their offering and make it more difficult for Spark." Westpac Banking Corp fell 2.8 percent to $31.57 and Australia & New Zealand Banking Group dropped 2.5 percent to $25.60. The... Read more
13 related stories
22d
New Zealand's National Business Review
ANZ, Westpac impose new restrictions on overseas property buyersTwo of New Zealand's biggest banks have imposed new restrictions on overseas pr
ANZ, Westpac impose new restrictions on overseas property buyers
New Zealand's National Business Review / Posted 22 days ago
Two of New Zealand's biggest banks have imposed new restrictions on overseas property buyers. In a statement, Westpac Banking Corp said it would no longer lend to non-resident borrowers with overseas income, while the maximum allowed loan to value... Read more
13 related stories
23d
Brisbane Times
CBA braced for fourth rate rigging casewe are unable to comment further." Some CBA traders feature in legal documents
CBA braced for fourth rate rigging case
Brisbane Times / Posted 23 days ago
we are unable to comment further." Some CBA traders feature in legal documents relating to ASIC's case against Westpac Banking Corp, including Garfield Lee, who has since left CBA, and an unnamed senior CBA figure called the "powerful... Read more
34 related stories
23d
WA Today
CBA braced for fourth rate rigging casewe are unable to comment further." Some CBA traders feature in legal documents
CBA braced for fourth rate rigging case
WA Today / Posted 23 days ago
we are unable to comment further." Some CBA traders feature in legal documents relating to ASIC's case against Westpac Banking Corp, including Garfield Lee, who has since left CBA, and an unnamed senior CBA figure called the "powerful... Read more
34 related stories
23d
The Age
CBA braced for fourth rate rigging casewe are unable to comment further." Some CBA traders feature in legal documents
CBA braced for fourth rate rigging case
The Age / Posted 23 days ago
we are unable to comment further." Some CBA traders feature in legal documents relating to ASIC's case against Westpac Banking Corp, including Garfield Lee, who has since left CBA, and an unnamed senior CBA figure called the "powerful... Read more
34 related stories
23d
Sydney Morning Herald
CBA braced for fourth rate rigging casewe are unable to comment further." Some CBA traders feature in legal documents
CBA braced for fourth rate rigging case
Sydney Morning Herald / Posted 23 days ago
we are unable to comment further." Some CBA traders feature in legal documents relating to ASIC's case against Westpac Banking Corp, including Garfield Lee, who has since left CBA, and an unnamed senior CBA figure called the "powerful... Read more
34 related stories
23d
Canberra Times
CBA braced for fourth rate rigging casewe are unable to comment further." Some CBA traders feature in legal documents
CBA braced for fourth rate rigging case
Canberra Times / Posted 23 days ago
we are unable to comment further." Some CBA traders feature in legal documents relating to ASIC's case against Westpac Banking Corp, including Garfield Lee, who has since left CBA, and an unnamed senior CBA figure called the "powerful... Read more
34 related stories
23d
New Zealand's National Business Review
Dollar gains above US70c ahead of 'finely balanced' OCR decisionalthough with little inflation. "The balance since March has been net positive
Dollar gains above US70c ahead of 'finely balanced' OCR decision
New Zealand's National Business Review / Posted 23 days ago
although with little inflation. "The balance since March has been net positive," said Imre Speizer, currency strategist at Westpac Banking Corp. "We're running with it being on hold tomorrow and kick the can down the road until August and then... Read more
27 related stories
24d
New Zealand's National Business Review
NZ shares rise on funds looking for better returns; Auckland Airport, Fletcher gainnext 12 to 18 moths or even longer, given New Zealanders historically had a lot
NZ shares rise on funds looking for better returns; Auckland Airport, Fletcher gain
New Zealand's National Business Review / Posted 24 days ago
next 12 to 18 moths or even longer, given New Zealanders historically had a lot of money in term deposits and the banks. Westpac Banking Corp rose 2.5 percent to $32.65 and Australia & New Zealand Banking Group edged up 0.04 percent to $26.68, as... Read more
3 related stories
29d
New Zealand's National Business Review
NZ dollar gains as prospects of rate cut next week dissipate, greenback weakensthe Reserve Bank might unwittingly ignite another kiwi dollar rally next week,"
NZ dollar gains as prospects of rate cut next week dissipate, greenback weakens
New Zealand's National Business Review / Posted 29 days ago
the Reserve Bank might unwittingly ignite another kiwi dollar rally next week," said Imre Speizer, a currency strategist at Westpac Banking Corp. A weak US payrolls number means the Federal Reserve wouldn't be encouraged to raise interest rates this... Read more
17 related stories
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