Company factsheets
Coöperatieve Rabobank U.A. (Rabobank) is a multinational Dutch banking and financial services company headquartered in the Netherlands. It operates 106 local cooperative banks with 520 branches
Company factsheets
Coöperatieve Rabobank U.A. (Rabobank) is a multinational Dutch banking and financial services company headquartered in the Netherlands. It operates 106 local cooperative banks with 520 branches
Company factsheets
Westpac is one of the four major banks in Australia and the second largest banking group in New Zealand. The company has roots dating back to 1817 and is one of the top five companies by market capitalisation on the Australian Stock Exchange
Company factsheets
ANZ is one of the four major banks in Australia and the largest banking group in New Zealand and the Pacific. The company has roots dating back to 1835 and is one of the top five companies by market capitalisation on the Australian Stock Exchange
Week in review
The RBA kept rates on hold last week, reducing market expectations of a rate cut this calendar year. Whereas, in the US a future rate raise is supported by the positive employment figures released on Friday night. The AUD fell on this news while government bond yields moved higher. In trading, ANZ’s recent capital raising at good margins has forced other subordinated debt to reprice
Opinion
The four major banks — ANZ, CBA, NAB and Westpac — must juggle the demands of many interested parties, a balancing act that sometimes requires them to issue capital, as shown by Westpac’s $3.5 billion share rights issue this week, offered to retail investors at a 13 per cent discount
Opinion
Changes to bank regulation are summarised as well as their possible impacts on mortgage rates, bank shares, hybrids and bonds