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Showing 461 - 470 of 608 results for "big four"

Waiting for the RBA to dance

BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
... reductions haven't been fully transmitted into the economic system as of yet. Give it time. Just as well, because given the big four Australian banks' declaration in recent days - that they might not be able to pass on in full any RBA rate reductions ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
... reasonable opportunity to buy in." Financial stocks were weaker after news that ratings agency Fitch has put Australia's big four banks on a credit downgrade watch because of their reliance on shaky global debt markets. Investors are also cautious ahead ...

Market Wrap

AAP  |  FRIDAY, 20 JAN 2012
... Financials added 0.8 per cent as Morgan Stanley and Bank of America helped to boost confidence in the sector. Westpac led the big four higher, adding 0.9 per cent to $20.775 as reports surfaced that the bank plans to issue its first swathe of covered ...

Market Wrap - Midday

AAP  |  THURSDAY, 19 JAN 2012
... be granted the go-ahead on its lucrative Malaysian facility ahead of a decision by officials later this month. All the big four banks gained, despite news of fresh redundancies in the sector. Westpac gained 1.1 per cent to $20.79 even as reports emerged ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
The Finance Sector Union, representing workers at Australia's big four banks, said job cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting ...

Market Wrap - Midday

AAP  |  FRIDAY, 16 DEC 2011
... at $9. Investors were also keeping a close eye on headlines out of ANZ Bank's annual general meeting, the third of the big four banks this week. Echoing comments from its competitors, the bank warned that funding costs were rising because of Europe's ...

Market Wrap - Midday

AAP  |  THURSDAY, 15 DEC 2011
... while Santos shed 22 cents, or 1.7 per cent, to $12.69. Overall the sector was down 2.2 per cent. In financials, the big four were hit by the weakness in offshore banks and concerns that their lending costs are likely to rise. National Australia Bank ...

Market Wrap

AAP  |  MONDAY, 12 DEC 2011
... $36.76, while Rio Tinto rose $1.08, or 1.7 per cent, to $64.82. Financial stocks also added 1.5 per cent. Three of the big four banks hold annual general meetings this week, with Westpac executives set to face shareholders on Wednesday, NAB on Thursday ...

Market Wrap

AAP  |  FRIDAY, 9 DEC 2011
... trade as investors feared that the rising cost of raising money overseas would put pressure on bank margins. All of the big four banks have now said they will pass on the Reserve Bank of Australia's full interest rate cut of 25 basis points. "Banks are ...

Market Wrap

AAP  |  THURSDAY, 8 DEC 2011
... amounts of capital expenditure over the next few years so we're seeing some risk coming off the table," Ms Lee said. The big four banks were also lower, despite a jump by their Wall Street peers. ANZ posted the biggest drop, losing 13 cents, or 0.6 per ...