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Showing 491 - 500 of 608 results for "big four"

Market Wrap - Midday

AAP  |  MONDAY, 11 JUL 2011
... BlueScope 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 ...

Hidden threat may lurk on bank balance sheets

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
Real estate investors with interest only loans are the biggest threat to Australia's Big Four bank balance sheets, a senior equities analyst has said. While public attention has been captured by the Greek sovereign debt crisis and falling demand for ...

Bank stocks rise on Greek confidence

ALISON BEVEGE  |  THURSDAY, 30 JUN 2011
... occur. 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 ...

Bendigo finds safe harbour from wholesale storm in retail deposits

ALISON BEVEGE  |  WEDNESDAY, 29 JUN 2011
The threat of Greek turmoil raising Australian bank funding costs has lifted the prospects of a growing Big Four competitor. Ratings Agency Standard and Poor's raised Bendigo and Adelaide Bank's credit rating from stable to positive, with a possibility ...

CFS super deposit taps demand, relieves wholesale reliance

ALISON BEVEGE  |  FRIDAY, 24 JUN 2011
... The 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 ...

Market Wrap - Midday

AAP  |  FRIDAY, 24 JUN 2011
... million ($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 ...

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 ...

BT Investment Management wins $61m mandate

ALISON BEVEGE  |  MONDAY, 20 JUN 2011
... Asset Management (AAM) is part of the Westpac Group along with BT Investment Management which is 60 per cent owned by the Big Four bank. But Advance Asset Management's head of investment solutions Patrick Farrell said they were assessed by the same criteria ...

Market Wrap

AAP  |  THURSDAY, 2 JUN 2011
... was down 70 cents at $43.83, while Rio Tinto was down $1.35 at 80.20. The major banks all were down, too, with all the big four - apart from the Commonwealth -- going ex dividend on Thursday. National Australia bank led the losses, down more than five ...

Aussie downgrades likely as S&P reviews rating system

ALISON BEVEGE  |  TUESDAY, 31 MAY 2011
... Ratings 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 ...