SYDNEY, Oct 31 (Reuters) - Ratings agency Standard & Poor's said on Monday it had lowered its outlook on AMP Bank, an arm of Australia's top insurer, AMP Ltd (AMP), and Macquarie Group (MQG) to 'negative' from 'stable'.
S&P also lowered its outlook on a number of regional banks and credit unions including Bank of Queensland (BOQ) and Bendigo and Adelaide Bank (BEN).
Australia's financial sector has been in a crisis in recent months, with growing calls for a national inquiry following a series of scams on wealth management and insurance payouts as well as allegations of interest-rate rigging.
SYDNEY, Oct 31 (Reuters) - Ratings agency Standard & Poor's...
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Last
$12.55 |
Change
-0.100(0.79%) |
Mkt cap ! $7.128B | |||
| Open | High | Low | Value | Volume |
| $12.70 | $12.70 | $12.46 | $22.36M | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30 | $12.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.55 | 4079 | 1 |
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| Last trade - 16.13pm 11/09/2025 (20 minute delay) ? |
| BEN (ASX) Chart |