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...
343 Views
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...
387 Views
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...
408 Views
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...
365 Views
Westpac Increases Technology Spend to Boost Productivity and Support Shareholder Returns
Westpac Banking Corporation’s annual strategy was void of any large surprise, with the wide-moat major bank relying on increased investment in...
415 Views