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Showing 341 - 350 of 424 results for "Big four banks"

Market Wrap - Midday

AAP  |  THURSDAY, 28 JUL 2011
... $42.26, and Rio Tinto fell $1.24, or 1.5 per cent, to $81.35. Banks and financial stocks lost ground, with the big four banks led lower by Westpac, which fell 28 cents, or 1.33 per cent, to $20.74. Telstra was one of the few companies to make gains ...

Market Wrap - Midday

AAP  |  TUESDAY, 12 JUL 2011
... said. The big banks all lost ground, with National Australia Bank, which has the biggest exposure to Europe of the big four banks, pulling sector lower, dropping 59 cents, or 2.38 per cent, to $24.21. BHP Billiton shed 74 cents, or 1.67 per cent, to ...

Market Wrap - Midday

AAP  |  MONDAY, 11 JUL 2011
... Steel fell 4.5 cents, or 3.33 per cent, to $1.305 and OneSteel lost eight cents, or 3.94 per cent, to $1.95. The big four banks each lost at least 1.26 per cent, while diversified financials were mostly worse off. Macquarie Group dropped 69 cents, or ...

Hidden threat may lurk on bank balance sheets

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
... crisis. According to the Australian Prudential Regulation Authority's (APRA) monthly banking statistics for May, the Big Four banks had $262.7 billion in investment housing loans on their balance sheets. Pezzullo said about 80% of that was in interest-only ...

Bank stocks rise on Greek confidence

ALISON BEVEGE  |  THURSDAY, 30 JUN 2011
... The impact for Australian investors of any shocks to the system would be felt first in the share prices of the Big Four banks, which all rose on the passing of the austerity package. The sovereign debt crisis in Greece has increased the cost of borrowing ...

CFS super deposit taps demand, relieves wholesale reliance

ALISON BEVEGE  |  FRIDAY, 24 JUN 2011
... funds invested would become part of parent company, Commonwealth Bank's general diversified sources of funding. The big four banks, source 40 per cent of their funding on the wholesale market. The Greek debt crisis has increased the cost of global wholesale ...

Market Wrap - Midday

AAP  |  FRIDAY, 24 JUN 2011
... ($A463.75 million) to develop its Jansen Potash project in Saskatchewan in Canada. National Australia Bank led the big four banks higher, gaining 26 cents or 1.06 per cent to $24.73. Commonwealth Bank added 41 cents to $50.90, Westpac firmed six cents ...

Deposits may shield Aussie banks from Greek debt crisis fallout

ALISON BEVEGE  |  TUESDAY, 21 JUN 2011
The Greek debt crisis is increasing the cost of funding for Australia's Big Four banks, but credit market experts say rising deposit rates are counteracting the threat. As the sovereign debt crisis in Europe continues to drag on with a 12 billion Euro ...

Aussie downgrades likely as S&P reviews rating system

ALISON BEVEGE  |  TUESDAY, 31 MAY 2011
... agency Standard and Poor's is reviewing its rating methods, a move likely to lead to downgrades not only of the Big Four banks but of Australia's entire banking industry. The ratings agency has been canvassing industry opinion from around the world on ...

NZ bank credit ratings cut, outlook stable

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
... their deposit ratings from AA2 to AA3. Bank financial strength ratings were downgraded from C+ to C for all of the big four banks except ASB Bank which remained at C+. A stable outlook was issued for all ratings and there was no impact on the backed ...