Westpac – China Recovery, Provision Delta
Westpac Banking (WBC AU) has seen its ROA move to the lowest of the major Australian banks, to incredibly low levels, suggesting a recovery here...
331 Views
IOOF Placement - A Big Deal but Will Take Some Time to Complete
Ioof Holdings (IFL AU) is looking to raise about A$1,040m in its placement and accelerated non-renounceable entitlement offer to partially fund the...
428 Views
Bank Credit Weekly: Risk Sentiment Retreats in Asia and US HY Markets
Asia’s high yield market underperformed as risk sentiment in both Asia and the US retreated. US spreads came under pressure following a deluge of...
508 Views
Macquarie Group – Big Mac Becoming A Junior Whopper
* Poor Result:Macquarie Group (MQG.AU)[Macquarie] reported FY 2H20 results of AUD 1,274 mn, declining AUD 183 mn (12.6%) linked period. The results...
431 Views
ANZ – The Hole Has Been Dug
* Weak 1H20 Results: Australia and New Zealand Banking Group (ANZ.AU) reported a disappointing set of results, with profits declining AUD 1.2 bn...
363 Views