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Banking Industry or Glenn Stevens
Highlights this month
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Turning increasingly negative, as banks from South Korea to Australia ...
Outlook for Asia-Pacific Banks Getting Sourer
The outlook for the Asia-Pacific banking industry is turning increasingly negative, as banks from South Korea to Australia battle growing financing fears and brace for more bad debts as economies ...
iStock Analyst - 1 month, 2 weeks ago
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Applauded the government's move to guarantee bank deposits to shore ...
Banks support govt's deposit guarantee
The banking industry has applauded the government's move to guarantee bank deposits to shore up public confidence in lenders amid the global financial crises.
Business Day - 1 month, 2 weeks ago
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Be agreed "in the very near future", say US political ...
US Bail-Out 'To Be Agreed Soon'
The $700bn bail-out of America's banking industry will be agreed "in the very near future", say US political chiefs.
Sky News | World News - 2 months ago
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Faced in many years. A month ago Commonwealth Bank and ...
Westpac well placed for the crunch
Company: Westpac Banking Corporation (WBC) Recent talk about the credit crisis has been overwhelmingly negative, but there may also be a few positives for a big bank like Westpac. These ...
Intelligent Investor - 8 months, 3 weeks ago
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Forecasting robust economic growth this year
Experts predict robust economic growth
The global finance and banking industry is forecasting robust economic growth this year.
ABC Business - 1 year, 8 months ago
49 minutes ago
RBA urged to cut rates by up to 2%
Fixed interest investment specialist FIIG Securities has called on the central bank to cut official interest rates by up to two per cent.
The Age - 12:25 p.m. Tuesday 2nd December 2008
The Age - 12:25 p.m. Tuesday 2nd December 2008
BNB/FMG.
Struggling investment bank, Babcock & Brown expects to be able to make an announcement on discussions with its banks by tomorrow. Babcock & Brown said in a statement to the ...
ASX Newbie - 12:15 p.m. Tuesday 2nd December 2008
ASX Newbie - 12:15 p.m. Tuesday 2nd December 2008
Retail data 'could impact size of rate cut'
A RECOVERY in retail sales during October could make the Reserve Bank more inclined to cut official interest rates by 75 basis points rather than a full percentage point this ...
Daily Telegraph Business Breaking News - 11:39 a.m. Tuesday 2nd December 2008
Daily Telegraph Business Breaking News - 11:39 a.m. Tuesday 2nd December 2008
Australian stocks: Market follows US down
The Australian sharemarket has opened over three per cent lower today after it was confirmed overnight that the US was in recession. Better news may follow, with the Reserve Bank ...
New Zealand Herald Business - 10:09 a.m. Tuesday 2nd December 2008
New Zealand Herald Business - 10:09 a.m. Tuesday 2nd December 2008
Reserve Bank set to cut official interest rate today
The Reserve Bank board will meet this afternoon for the final time in 2008, and most commentators are expecting another big cut to official interest rates.
Smart Company - 10 a.m. Tuesday 2nd December 2008
Smart Company - 10 a.m. Tuesday 2nd December 2008
Rate cut predicted for fourth month straight
Analysts predict the Reserve Bank of Australia will cut interest rates yet again, for the fourth month in a row,...
Dynamic Business - 9:23 a.m. Tuesday 2nd December 2008
Dynamic Business - 9:23 a.m. Tuesday 2nd December 2008
It'll be big and there will be more: 2.30 pm AEDT today
THE RESERVE Bank is set to cut interest rates by 1.00 percentage points today and to follow up with a series of aggressive cuts that will take mortgage rates to ...
Peter Martin - Economics, Canberra, human behaviour - 9:04 a.m. Tuesday 2nd December 2008
Peter Martin - Economics, Canberra, human behaviour - 9:04 a.m. Tuesday 2nd December 2008
NAB close to Wizard acquisition
The acquisition of GE Money’s home lending business, Wizard Home Loans, by National Australia Bank (NAB) is edging closer, with sources close to the matter saying the deal is currently ...
MoneyManagement.com.au - 9 a.m. Tuesday 2nd December 2008
MoneyManagement.com.au - 9 a.m. Tuesday 2nd December 2008
Reserve Bank should think for itself as inflation threat looms
The Reserve Bank of Australia is expected to cut interest rates again today, perhaps by as much as 100 basis points.
ON LINE opinion Economics - 8:39 a.m. Tuesday 2nd December 2008
ON LINE opinion Economics - 8:39 a.m. Tuesday 2nd December 2008
Headline: Silver lining in dark clouds
The Sydney Morning Herald, pg 1. Jacob Saulwick and John Garnaut. 2 December 2008.The economic crisis is producing a new round of winners and losers as the Reserve Bank slashes ...
Left Field - 8:09 a.m. Tuesday 2nd December 2008
Left Field - 8:09 a.m. Tuesday 2nd December 2008
Credit Suisse to cut around 650 jobs in Britain (AP)
AP - Investment bank Credit Suisse says it will cut around 10 percent of its British work force, or 650 jobs.
Yahoo! News: World News - 7:58 a.m. Tuesday 2nd December 2008
Yahoo! News: World News - 7:58 a.m. Tuesday 2nd December 2008
JPMorgan to slash 9,200 jobs at WaMu
JPMorgan Chase said it will cut 9,200 jobs at Washington Mutual, which it acquired after it became the largest US bank to fail amid the credit crisis.
Business Day - 7:54 a.m. Tuesday 2nd December 2008
Business Day - 7:54 a.m. Tuesday 2nd December 2008
Today's monster rate cut just the beginning
Homebuyers can expect further interest rate relief today, as the Reserve Bank meets in Sydney.
Live News Business - 7:11 a.m. Tuesday 2nd December 2008
Live News Business - 7:11 a.m. Tuesday 2nd December 2008
Rates on track for 44-year low
The Reserve Bank board is expected to cut interest rates by 1 percentage point today and to follow up with a series of aggressive cuts that will take home mortgage ...
The Canberra Times - 5:59 a.m. Tuesday 2nd December 2008
The Canberra Times - 5:59 a.m. Tuesday 2nd December 2008
London Scottish Bank into administration
London Scottish Bank said on Monday it has gone into administration after its capital reserves ran short and it couldn't find a buyer.
Sky News Business - 4:36 a.m. Tuesday 2nd December 2008
Sky News Business - 4:36 a.m. Tuesday 2nd December 2008
