Fitch

• Ian Rogers

Falling into line with the credit assessments of it rivals, Fitch Ratings yesterday upgraded the long-term credit ratings of Australia’s four major banks to AA- from A+. read more

• John Kavanagh

Fitch’s latest Dinkum RMBS Index shows 30-day arrears in Australian prime RMBS portfolios rising by 16 basis points to 98 bps in the March quarter, and 90-day arrears rising 8 bps to 46 bps. read more

• John Kavanagh

Fitch Ratings has started work on incorporating data on the energy efficiency of residential properties in its ratings criteria for mortgage securities and covered bond transactions. read more

• Banking Day staff

Fitch Ratings upgraded the long-term ratings of Macquarie Group to A from A- and also affirmed the long-term ratings of Macquarie Bank at A. read more

• George Lekakis

The pricing behaviours of credit ratings agencies could come under intense scrutiny from the Australian competition regulator after S&P Global announced further expansion of its local profit margi.. read more

• Banking Day staff

The economic rebound in New Zealand has seen Fitch revise the ratings of two locally-owned banks. read more

• Bernard Kellerman

Fitch Ratings has revised its outlook on Macquarie Group Limited and its Australian subsidiaries upwards from 'negative' to 'stable'. read more

• Ian Rogers

Praising Australia’s handling of the pandemic, Fitch Ratings has revised the outlook for the Big Four banks' credit ratings back to Stable from Negative. Their ratings remain at A+. read more

• Banking Day staff

Fitch Ratings has affirmed Heartland Group’s and Heartland Bank’s long-term issuer default ratings at BBB and the long-term IDR of Heartland Australia at BBB-. read more

• Ian Rogers

Bank dividends will be a rare bird this profit season, drawing ire from the banking regulator, and may be paid - at a "materially reduced level" - only if banks offset them with capital raisings, APRA.. read more

• John Kavanagh

Concerned about competitive threats in the mortgage insurance sector and a weak housing market, Fitch Ratings has downgraded QBE Lenders Mortgage Insurance Ltd and revised the outlook for Genworth Fin.. read more

• John Kavanagh

A Fitch survey found 95 per cent of fixed income investors expect Australian house prices to keep falling. read more

• Bernard Kellerman

Analysis by Fitch Ratings has concluded that the royal commission's recommendations, if implemented, will be generally supportive of Australian structured finance. read more

• Banking Day staff

Fitch Ratings said it expects "strong macroeconomic fundamentals including low unemployment, steady economic growth and population growth" to continue in Australia and New Zealand. read more

• Bernard Kellerman

Fitch Ratings has affirmed its ratings for Macquarie Group's holding company and the main operating subsidiaries, reflecting a diverse business mix, specialised operations outside Australia and more.. read more

• Banking Day staff

Fitch Ratings reports that Australia's 30-plus day mortgage arrears increased by 12 basis points to 1.13 per cent in 1Q18, compared to the previous quarter. read more

• Banking Day staff

NSW Financial Crimes Squad detectives said they have laid an additional 50 charges against a 34 year-old man, alleging identity theft and large-scale fraud in a case dating back to January 2017. read more

• Banking Day staff

In a severe stress scenario modelled on Ireland's experience, ANZ and NAB would be hit hardest but loss rates across all of Australia's biggest banks would still be less than two per cent, Fitch Ratin.. read more

• Banking Day staff

Fitch Ratings has assigned IMB Ltd a long-term issuer default rating of 'BBB+' with a 'Stable' outlook - ranking the Illawarra-based mutual bank at the lower end of investment grade. read more

• Bernard Kellerman

The major Australian banks' ability to withstand a severe downturn in the housing market and household sector, has been strengthened by regulatory intervention to tighten underwriting standards and bo.. read more