90 seconds at 9am: New bid for Hanover?; Standard and Poor’s global bank warning

Check out this video – 7.1%, CBA on 6.3% and NAB on 6.9% would need to raise capital to meet the tougher measures, the Sydney Morning Herald reported. Meanwhile in the United States, quarterly GDP growth in annual terms was revised down to 2.8% from 3.5% and US unemployment is expected to remain above 10%. This data dragged on the US stock market and reduced appetites for risky currencies such as the New Zealand dollar, which nudged down to 72.3 USc overnight. … “Bernard Hickey” “Standard and Poor’s” “Hanover … Any comments?

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