Commonwealth Bank and Financial Crisis

: Investors have been worried about the prospect of the first interest rate rise in the US since the global financial crisis, when the Federal Reserve meets this week, according to Australian Broadcasting Corporation. The Commonwealth Bank said it had raised just over $5 billion by selling new shares to investors as part of new regulations requiring big banks to bolster their reserves against a financial crisis. The All Ordinaries Index rose half a per cent or 24 points to 5,121, while the ASX 200 closed up 25 points to 5,097. Commonwealth Bank shares have fallen by 58 cents to $74.55. There were more worrying economic figures from China. Macquarie shares rose by 2.3 per cent or $1.77 to $77.57 after it predicted first-half profit could rise by 40 per cent. (news.financializer.com). As reported in the news.