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  • Calendar event / 49 minutes ago

    AU Housing Finance

    Low Finance Approvals-SA, M/M%
    Low Investment Loans-SA, M/M%
  • Editor’s Picks / Yesterday at 22:08 GMT

    Why Europe's big banks are still scaring investors

    Shares of European banks tumbled on Thursday, resuming a downward run that has knocked more than one-quarter off their value this year. Katy Barnato writes that analysts are divided as to what markets are more scared by – the still-sluggish Eurozone economy, exposure to the energy sector and China or some banks' balance sheets? On Thursday, the head of Societe Generale was the latest bank executive to attempt to reassure investors that there was nothing to fear. He said that there is "too much nervousness compared with reality". With that in mind, CNBC has taken a look at some of Europe's largest banks by market capitalisation and what, if anything, investors need to worry about.
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  • Squawk / Yesterday at 20:07 GMT
    Senior Analyst /
    Saint Vincent and the Grenadines
    Why Victorious Traders, Investors, and Funds Managers Are Paid Extremely Huge Amounts of Money

    What you have to understand is that you're competing in an environment full of very talented, smart and highly motivated competitors. The guy on the other side of the trade, is as eager to make money as you are. This forces you to constantly improve your trading and adapt quickly. If and when you stop, your competition won’t, and they’ll quickly be ahead of you. - Marco Mayer (source:

    Trading is one of the toughest and the most difficult professions in the world, as well as one of the most rewarding. The public hate trading because they feel it’s too tough for them.

    "What is the one sentence summary of how you change the world? Always work hard on something uncomfortably exciting!" – Larry Page

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