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.
News: BOQ S&P cuts outlook on Australia's AMP, others to negative
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Last
$6.90 |
Change
0.090(1.32%) |
Mkt cap ! $4.266B | |||
| Open | High | Low | Value | Volume |
| $6.84 | $6.92 | $6.83 | $20.38M | 2.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2236 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 10933 | 2 |
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| BOQ (ASX) Chart |
