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...
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Westpac Raises AUD 3.5 billion and Prereleases Fiscal 2015 Earnings in Line with Expectations
Westpac Banking Corporation's prereleased unaudited 3% increase in cash profit to AUD 7.8 billion for fiscal 2015 is broadly in line with...
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Macquarie Group Acquires Dealer Finance Portfolio and Upgrades Guidance Again
Macquarie Group's acquisition of the Esanda AUD 7.8 billion finance portfolio from Australia and New Zealand Banking Group adds to the company's...
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Weekly Impressions - Sizing up Mr Mike Smith's footprint on ANZ
The two key company announcements in Australia in the past week were Origin Energy’s launch of a $2.5 billion entitlement offer designed to...
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ANZ's Asian growth aspirations make it an interesting alternative to slower-growing domestic banks
ANZ Bank is the third-largest of Australia's four major banks by market value and the largest bank in New Zealand and the Pacific, offering a full...
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