Westpac - Let's See How The New CEO Handles These Fines
New CEO steps in to deal with AML mess. Fines set to range between AUD 12.3 bn to AUD 301 bn, implying 2xd consensus or 3x market-cap and this is...
563 Views
Last Week in Event SPACE: Z Holdings/Line, Mitsubishi Tanabe, AOF, Intouch, PCCW, BBL, Just Eat
Last Week in Event SPACE ... There is a bit of embedded optionality in the Z Holdings (4689 JP) / LINE Corp (3938 JP) transaction, but that...
512 Views
Long ANZ/Short NAB - Pair Trade
National Australia Bank (NAB AU) has outperformed Australia And New Zealand Banking Group (Anz) (ANZ AU) by 20% over the last ten months. The price...
570 Views
Has APRA Just Gold-Plated Hybrid Instruments for Australian Pensioners?
On 8 November 2018, the Australian Prudential Regulatory Authority (APRA) announced its long-awaited proposal (a discussion paper) on Increasing...
532 Views
Major Bank Oligopoly Flexes the Pricing Power Lever
Structural rise in funding costs offset by home loan repricing.We believe the increase in short-term wholesale funding costs is structural, not...
633 Views