CBA, MQG, WBC, ANZ: A snapshot of ASX banking shares’ last month performance

3%. The ASX-listed banking shares have been in focus in the past few weeks as investors assess the increased possibility of sooner-than-expected interest rate hikes following hawkish comments from the US Federal Reserve. The US Fed raised rate...

In an Australian first, ANZ (ASX:ANZ) launches A$DC, stablecoin pegged to AUD

Australia and New Zealand Banking Group Ltd.(ASX:ANZ), one of the Australia’s largest banks, has become the first Australian lender to mint a stablecoin pegged to Australian dollar. ANZ on Thursday (24 March) announced that it has complete...

NAB (ASX:NAB) shares in focus on completing AU$2.5B share buy-back

Highlights National Australia Bank says that it has completed its AU$2.5 billion on-market share buy-back. The banking giant has said that it would start another on-market buy-back of up to AU$2.5 billion. Today, the NAB shares were spotted tr...

What made Soul Patts (ASX:SOL) half-year revenue jump by more than double

od. Washington H Soul Pattinson and Company Ltd (ASX:SOL) on Thursday reported over AU$1 billion revenue for the half year ended 31 January 2022 after the integration of rival investment group Milton. The diversified investment house recorded ...

QBE Insurance Group (ASX:QBE) shares gain over 18% in past 12 months

Highlights  Today, the shares of QBE Insurance Group closed 0.884% higher at AU$11.400 per share on ASX. The QBE stocks have gained 18.35% over the last 12 months. The company has announced a final dividend of AU$19 cents per share, takin...

Plenti (ASX:PLT) raises profit forecast; here’s how its shares are reacting

ss. The share price of Plenti Group Ltd (ASX:PLT) rose nearly 18% in the early trade on Wednesday after the fintech lender announced that it had upgraded its cash profit forecast for the six months ending 31 March 2022. The forecast has been r...

Locality Planning (ASX:LPE) collabs with Plenti (ASX:PLT) to fund Solar Bank

Highlights Locality Planning Energy has signed a contract with Plenti Group. The agreement aims to give LPE customers interest-free, green energy loans to encourage the adoption of LPE’s VPP product (Virtual Power Plant), the LP...

CBA, NAB, WBC, ANZ: How has 2022 been for these ASX banking stocks?

ks. ASX-listed financial stocks have stormed higher in the past few weeks despite benchmark trading on a volatile note. The primary reason behind the recent surge is expectations of an interest rate hike amid a rise in inflation. While a rise ...

From CBA to NAB: How top five banks in Australia fared today?

Finally, what everyone on the street was expecting, the US Federal Reserve has made its move to start increasing interest rates in a quest to curb soaring inflation. In February 2022, the US recorded an inflation of 7.9%, the highest in the last fo...

Zip (ASX:Z1P) shares remained on investors’ radar today, here’s why

Highlights Zip shares gained 1.92% today to close at AU$1.33 each. Recently, the company opened an AU$50 million share purchase plan (SPP) to eligible shareholders. Zip had also launched a placement offer to raise AU$148 million. Shares o...