Why are CBA shares sliding following the bank s quarterly update? fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
ANZ Group Holdings Ltd. announced a A$2 billion ($1.3 billion) buyback as first-half earnings missed estimates, continuing the trend of Australian banks handing investors a sweetener as profits decline.
In previous cycles of Reserve Bank interest-rate changes, the major banks often responded in ways that helped boost their profits. Would they use those tactics today and risk becoming a target for political attacks?
In previous cycles of Reserve Bank interest-rate changes, the major banks often responded in ways that helped boost their profits. Would they use those tactics today and risk becoming a target for political attacks?