Business Services Industry
AUSTRALIA: MOODY'S SAYS AUSTRALIAN/NZ BANKS WEATHERING SUB-PRIME CRISIS WELL.
IPR Strategic Business Information Database, April, 2008
Moody's Investors Service says that Australian banks and their New Zealand subsidiaries are weathering well the stresses in financial markets following the sub-prime crisis and despite significant structural reliance on wholesale funding. "At the same time, the extended global liquidity crisis is creating longer-term credit negatives which, at the margin, have the potential to impact some ratings of Australian and New Zealand banks," says Patrick Winsbury, a Moody's Senior Vice President.
Winsbury was speaking in conjunction with the release of his new report, entitled, "Impact of Global Liquidity Crisis on Australian Bank Ratings: An Update." In explaining the ability of the banks to fund well -- if at higher cost -- at home and abroad, Winsbury identified...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
