Insurance Australia Group - Margin Guidance Cut
FY 2020 Margin Downgrade:Insurance Australia (IAG.AU) cut its FY 2020 insurance margin guidance range to between 14.5%-16.5% from 16%-18% due to...
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Asian Bank HY Credit Weekly: Coronavirus Offsets Positive Issuance News in Asian Credit Spreads
Spread tightening at the beginning of the week caught market concerns regarding the coronavirus outbreak. Profit taking before the Lunar New Year...
361 Views
New Zealand's New Capital Buffer: Prefer CBA Over The Other Big Three
Banks operating in New Zealand must raise Tier-1 capital from 12% to 16% of risk-weighted assets over seven years. The big four Australian banks,...
396 Views
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...
396 Views
Westpac Placement: An Expected EPS Dilutive Deal but Discount Is Deep
Westpac Group announced an AUD 2.5 billion capital raising plan this morning, via a fully underwritten AUD 2 billion institutional placement and an...
400 Views