Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 341 - 350 of 478 results for "Australian Bank"

Deposits may shield Aussie banks from Greek debt crisis fallout

ALISON BEVEGE  |  TUESDAY, 21 JUN 2011
... wholesale funding from overseas debt markets, where spreads have been widening thanks to the troubles in Greece. Australian bank spreads are believed to have widened by up to 20 basis points. Vivek Prabhu, portfolio manager and credit analyst for Perpetual ...

NZ bank credit ratings cut, outlook stable

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
New Zealand's major banks had their credit ratings cut by Moody's Investors Services on Friday as the rating's agency followed through on an earlier downgrade of their Australian parent institutions. ANZ National Bank, ASB Bank (subsidiary of Australia's ...

Market Wrap - Midday

AAP  |  TUESDAY, 24 MAY 2011
Australian stocks were trading lower at noon, extending losses from the open with the financial sector under selling pressure due to concerns about European sovereign debt. At 1203 AEST, the benchmark S&P/ASX200 index was down 22.7 points, or 0.49 per ...

Financial services targeted for data theft

ALISON BEVEGE  |  TUESDAY, 17 MAY 2011
The financial services industry is being targeted for data theft, one of the world's foremost experts on hack attacks said today. Tal Be'ery, web research team leader from US-based data protection firm Imperva, said the cyber criminals were following ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 MAY 2011
The Australian market is expected to open lower on Tuesday, following falls on Wall Street in both commodities and equities. On the ASX 24 at 0735 AEST, the June share price index futures contract was 16 points lower at 4,653. In economics news on Tuesday ...

Market Wrap - Morning

AAP  |  FRIDAY, 29 APR 2011
The Australian market has received positive leads from offshore trading overnight, with Wall Street and commodities finishing higher, after mixed data in the US was offset by strong earnings reports. On the ASX 24 at 0655 AEST, the June share price ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 APR 2011
The Australian market has received positive leads from offshore trading overnight, with Wall Street finishing robustly, although commodities markets were mixed. On the ASX 24, the June share price index futures contract was 26 points higher at 4,941 ...

Retail bank deposits hit $62bn in Dec qtr

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2011
Driven by high at-call interest rates and the post-GFC austerity wave, consumers are flocking to retail deposit accounts with $62 billion deposited in the December quarter alone. The surge pushed bank deposit holdings to $1.5 trillion, 15 per cent more ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 MAR 2011
The Australian sharemarket has received positive leads from US equity markets, although declines in the precious metal and oil markets may drag on some stocks. On the ASX 24 at 0854 AEDT, the March share price index futures contract was seven points ...

New rules on bank liquidity clarified

ALISON BEVEGE  |  MONDAY, 28 FEB 2011
The Australian Prudential Regulation Authority (APRA) has clarified its definition of liquid assets that the banking industry must hold from 2015. In the wake of the global financial crisis, the Basel Committee on Banking Supervision (Basel Committee) ...