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Showing 31 - 40 of 96 results for "US banks"

Market Wrap

AAP  |  WEDNESDAY, 30 NOV 2011
... the market. "The banks have changed course," he said. "There was a threatened downgrade from the ratings agencies, but US banks have much worse capital ratios than Australian banks and they are not as well run." Standard & Poor's Ratings Services has ...

S&P downgrades US bank ratings

CLAIRE MCGREAL  |  WEDNESDAY, 30 NOV 2011
Standard & Poor's has downgraded the ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest ...

FIIG Securities appoints director

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... its Sydney office. Gordon will be responsible for analysing the fixed-income securities of Australian corporations and US banks for FIIG Securities' clients. Before joining FIIG Securities, Gordon was a director of debt capital markets at Bank of America ...

Market Wrap- Morning

AAP  |  FRIDAY, 18 NOV 2011
... Shanghai closed 0.16 per cent, or 3.91 points, lower at 2,463.81 Fitch ratings agency warned that the contagion effects on US banks were "potentially large" if the crisis spreads beyond Greece, Ireland, Italy, Portugal, and Spain. It pointed to the risks ...

Market Wrap - Midday

AAP  |  THURSDAY, 17 NOV 2011
... overnight, stocks fell heavily as investors fretted over the potential impact that the Eurozone debt crisis would have on US banks. The Dow Jones Industrial Average dropped 190.57 points, or 1.58 per cent, to 11,905.60.

Market Wrap - Morning

AAP  |  FRIDAY, 7 OCT 2011
... Nasdaq Composite rose 46.31 (1.88 per cent) to 2,506.82. Financial stocks led the way on new confidence that the big US banks were relatively insulated from the eurozone crisis. Treasury Secretary Timothy Geithner on Thursday reassured lawmakers that ...

Market Wrap - Midday

AAP  |  THURSDAY, 22 SEP 2011
... Composite shed 52.05 points, or 2.01 per cent, to 2,538.19. Aside from the Fed's measures, Moody's downgraded three top US banks - Bank of America, Wells Fargo and Citigroup - as it sees the US government less willing than before to rescue them if they ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 SEP 2011
... growth, high unemployment and a depressed housing market. Traders also digested a series of Moody's downgrades on three top US banks - Bank of America, Wells Fargo and Citigroup - saying it saw the US government less willing than before to rescue them ...

Market Wrap - Midday

AAP  |  TUESDAY, 12 JUL 2011
... is what's happening in America and Europe," he said. "The European credit situation has got worse and the European and US banks took a big shellacking in the stockmarket." "The result is uncertainty, and when you get uncertainty you get markets falling." ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
... fell 12.74 points (0.46 per cent) to 2,746.16. While the rest of the market drooped, oil company shares surged after US banks Goldman Sachs and Morgan Stanley forecast the price for Brent crude, London's benchmark, would hit $US130 a barrel in 2012 ...