AMP Bank’s ability to maintain competitive pricing in the domestic mortgage market is set to come under renewed pressure after Standard & Poor’s lowered its credit ratings. read more
Ratings agencies (206 items)
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Briefs: Norman PERLer, Westpac and NAB may flip on ApplePay, Qantas ditches S&P, Beaumont back to NZ
The latest Commonwealth Bank issue is the parking lot for some of the cash of the estate of retail tycoon Ian Norman. read more
The bank sectors in Australia and New Zealand – and indeed regionally and globally – can look forward to another 12 months of flat earnings, tightening credit conditions and stricter application of prudential regulations according to major ratings agencies. read more
Deutsche’s new banking analyst Matthew Wilson has slashed the broking house’s earnings forecasts for the four major banks, arguing that senior executives are ill-equipped to meet challenges from disruptors and have overreacted strategically to recent wealth management scandals. read more