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CBA is now worth over $300 billion, but the experts are cautious
The recent increase in CBA’s market value to more than $300 billion highlights its strong financial position, although several analysts remain wary about the future performance of...
Read Full Article →There is something strange afoot at Australia’s biggest bank, and experts are stumped
Despite expert warnings that Commonwealth Bank may be overvalued, investor interest remains subdued, raising questions about the potential risks and future impact on the bank’s fin...
Read Full Article →Australia’s newest big four bank boss has his work cut out for him
ANZ’s recently appointed chief executive, Nuno Matos, faces significant challenges as he steps into leadership, with numerous strategic priorities to address amid competitive press...
Read Full Article →Macquarie chief’s pay cut as bank rakes in $3.7 billion
Despite the company generating substantial earnings of $3.7 billion, the chief executive’s compensation decreased due to a board decision to lower the portion of profits allocated...
Read Full Article →‘Better to be boring’: The secret to this long-serving bank boss’ success
Shayne Elliott emphasizes that maintaining steady performance and preparing for increased market fluctuations are crucial factors contributing to the sustained financial stability...
Read Full Article →Fewer borrowers falling behind on loan repayments, says Westpac
Westpac reported $3.3 billion in profits for the first half, attributing improved loan repayment rates to the recent interest rate reduction by the central bank.
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