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Showing 471 - 480 of 608 results for "big four"

Big four banks downgraded

ELISE BURGESS, CLAIRE MCGREAL  |  FRIDAY, 2 DEC 2011
Australia's big four banks have been downgraded by ratings agency Standard & Poor's. The decision to lower Westpac, Commonwealth, ANZ and NAB issuer credit ratings from AA to AA- is part of the agency's recent shakeup of ratings criteria, which was ...

Consolidation creating conflict between product and advice

RACHEL DAVIS  |  THURSDAY, 1 DEC 2011
... he said. "However, we think the impact will be devastating for the consumer as there will be far less independence. A Big Four Bank or other institution will license most advisers. Their advisers usually need to meet product-based volume or performance ...

Market Wrap

AAP  |  WEDNESDAY, 30 NOV 2011
... contract was 12 points lower at 4,122, with 20,322 contracts traded. RBS Morgans private client adviser Bill Bishop said the big four banks were responsible for the turnaround on the market. "The banks have changed course," he said. "There was a threatened ...

Market Wrap - Midday

AAP  |  FRIDAY, 4 NOV 2011
... 32 cents, or 2.5 per cent, higher at $13, while Woodside shares were 42 cents higher, or 1.16 per cent, at $36.62. The big four banks were all stronger, with Westpac the best performer, 63 cents, or 2.93 per cent better at $22.14. Commonwealth Bank found ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 NOV 2011
... Tinto losing $2.13, or 3.08 per cent, to $67.08 and BHP Billiton giving up 88 cents, or 2.33 per cent, to $36.92. The big four banks were all weaker ahead of full year results from ANZ and Westpac this week. ANZ fell 37 cents, or 1.7 per cent, to $21.31 ...

Market Wrap - Midday

AAP  |  FRIDAY, 21 OCT 2011
... sorrier ahead of the weekend'." Banks and financial stocks are mostly higher on the back of overseas leads, with the big four lenders led by National Australia Bank which gained 28 cents, or 1.15 per cent, to 24.56. But heavy falls in base metal prices ...

Market Wrap - Midday

AAP  |  THURSDAY, 20 OCT 2011
... $US30.17 from Wednesday's closing price of $US1,659.87. Banks and financials also sold off, with Westpac leading the big four banks lower after losing 45 cents, or 2.06 per cent, to $21.40. Challenger shares firmed three cents to $4.49 after the company ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 OCT 2011
... per cent to $65.72, and Woodside Petroleum lost 19 cents to $34.79. Banks and financial stocks were higher, with the big four lenders led by Commonwealth Bank which gained 62 cents, or 1.31 per cent, to $48.07. In other news on Wednesday, copper and ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 OCT 2011
... bought stakes in the mainland's four biggest lenders. Hong Kong and Shanghai soared in early trade, boosted by China's big four banks after sovereign wealth fund Central Huijin Investment bought stakes in each of them in a government move to shore up ...

Indigenous Australians offered chance to Clime career ladder

MATT WOODINGTON  |  FRIDAY, 7 OCT 2011
... help young indigenous people find employment and build careers. The programme has been running since 2002 and counts the big four banks, Qantas, Telstra, Woodside, Nine Entertainment Group and Westfield among its partners. Targeting year 10 students ...