The World of Banking is Becoming Ever More Polarized
The polarization of the world’s banks is gaining momentum. The lumbering, large, globally systemically important banks are increasingly forced to...
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Macquarie Earnings Surge Again as Upgrade Cycle Continues. Share Purchase Plan Looks Attractive
Macquarie Group announced another strong performance with first-half fiscal 2016 earnings up 58% on first-half fiscal 2015 to AUD 1.07 billion....
386 Views
A Disappointing and Messy Result for NAB: Fair Value Estimate Reduced to AUD 36
Wide-moat National Australia Bank produced another messy earnings result for fiscal 2015, with cash earnings up 15.5% to AUD 5.8 billion, 4% below...
339 Views
An open letter to the Westpac CEO - Dear Mr Hartzer, Please Explain
In the lead up to the Government's response to the Murray Inquiry, I pen an open letter to Mr Brian Hartzer, in which I draw attention to two...
304 Views
Another one bites the bullet... again
Westpac plans to raise A$3.5bn through a rights issue. As a part of the rights issue the USD82m shortfall book build for the institutional...
322 Views