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Australian equities experienced a downturn on Tuesday, as declines in banking and mining stocks mirrored a waning investor sentiment following indications of potential delays in early U.S. interest rate cuts due to robust retail sales data. The S&P/ASX 20...
Highlights,Qualitas is an ASX-listed alternative real estate investment manager,In 1HFY24, QAL’s committed funds under management stood at AUD 8.1 billion,Schwartz (Andrew) has maximum stake in the company with a shareholding of ~23.84%,ASX-listed financi...
Financier and philanthropist Jacob Rothschild, a prominent figure in the renowned Rothschild banking dynasty, passed away at the age of 87, his family announced on Monday. Rothschild embarked on his career at NM Rothschild & Sons, the family bank, in 1963...
In a major turn of events, ANZ Group Holdings Ltd. (,ASX: ANZ,) has emerged victorious in its battle against the competition watchdog's decision to block its substantial AU$4.9 billion acquisition of Suncorp Group Ltd.'s banking arm. The Australian Compet...
There has been significant buzz surrounding ANZ Group Holdings Ltd (,ASX: ANZ,) and its proposed merger with Suncorp's banking division. Top broker Citi has weighed in, suggesting that this merger is "more likely to occur than not.",ANZ's shares have reac...
When it comes to the Big Six Banks in Canada, Royal Bank of Canada (,TSX: RY,) stands out as the unrivaled King of Dividends. While not officially a Dividend King, Royal Bank has achieved an impressive feat by consistently raising its dividend each year f...
In the face of recent disruptions to its online banking services, the Westpac Banking Corp (,ASX: WBC),share price is displaying resilience against the benchmark. Despite closing at $21.39 in yesterday's trading, the S&P/ASX 200 Index (ASX: XJO) bank stoc...
Bendigo and Adelaide Bank have recently expressed a keen interest in acquiring Suncorp Group's (ASX: SUN) banking unit, highlighting the potential benefits of such a merger. This bold move aims to reshape the Australian banking landscape by fostering a co...
Shadow chancellor Rachel Reeves said her party wants to ensure ‘every community has access to high street banking services’.
UBS analysts foresee an environment of "extreme" market competition prevailing within the Australian banking sector, extending well into the year 2024. This projection sets the tone for an intensifying landscape amidst the country's financial institutions...
BNK Banking Corporation Limited (ASX: BBC) is an ASX listed financial institution based in Kalgoorlie, Australia. The company has two different verticals; banking and mortgage broking aggregation. The company offers various deposits, insurance soluti...
Established in 1871, Westpac Banking Corporation (ASX:WBC) is a part of the ‘big four’ banks in Australia and also the largest banking institution in New Zealand. Westpac is also the oldest bank in Australia. The bank is primarily known f...
One of big four Australian banks, Australia and New Zealand Banking Group Limited (ASX:ANZ) boasts of over 8.5 million retail and commercial clients. The bank is headquartered in Melbourne and operates in 32 locations. It ranks second in terms of ass...
What is Wholesale Banking? Wholesale banking refers to the different banking services provided by the banks to the large scale companies, institutes, government agencies. Wholesale banking services are offered to only those institutes who have stron...
Fractional Banking is a financial framework that expects banks to hold just a segment of the cash deposited with them as reserves. The banks use client deposits to make new credits and grant revenue on the deposits made by their clients. The stores a...
What is online banking? Online banking is commonly referred to as internet banking. It is a simple method by which banking users can easily access their bank accounts through the internet from any part of the world. Furthermore, online banking facil...
What is Investment Banking? Investment banking is a part of the banking system, catering to the needs of capital markets and market participants. Investment banking firms act as a bridge between the investors and capital seekers, including debt and ...