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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Weekly Impressions - Competition intensifies amongst banks and supermarket retailers
The banks and supermarket retailers dominated financial market developments in Australia over the past week. Investors were disappointed by full...
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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....
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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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