Latest Finance News



Metcash refinances debt

Metcash Ltd has refinanced a $700 million syndicated debt facility, which was well supported by local and overseas banks.Metcash chief financial officer Adrian Gratwicke said the company was pleased w..

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S&P cuts Spain’s debt rating

Standard & Poor's has cut Spain's credit rating by one notch to "AA-" from "AA" with a negative outlook, following downgrades to the country's top banks.S&P said Spain's high unemployment, tighter fin..

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Currie named new ANZ COO

ANZ has appointed Alistair Currie as its new chief operating officer following the departure of David Cartwright.Mr Cartwright, who has been responsible for global services and operations, will leave ..

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Fitch cuts Euro bank ratings

Fitch ratings agency has downgraded five British and European banks and placed 12 major European and US banks on watch, citing their increased vulnerability to the heightened stresses on the global fi..

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