The latest Commonwealth Bank issue is the parking lot for some of the cash of the estate of retail tycoon Ian Norman. read more
Ratings agencies (202 items)
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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
Briefs: House affordability steady for a year, Liberty prices $750m RMBS issue, Roy Morgan reports rich getting richer, open banking visit
Moody's Investors Service says that housing affordability for new mortgage borrowers improved over the year to August 2018, when a number of major banks raised their mortgage interest rates. read more
S&P Global Ratings has revised its outlook on AMP Bank Ltd from stable to negative. read more