Aus banks should benefit from low jobs but results were before OMI hit.
The Kanda's are kicking it!
They are just a bunch of hard ass's amd nothing seems to keep them down.
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Aus banks should benefit from low jobs but results were before OMI hit.
The Kanda's are kicking it!
They are just a bunch of hard ass's amd nothing seems to keep them down.
The big banks are AUSSI owned but they all work to the whip of Mr Or and NZ statue Law.
Almost impossible to know what going on at the RBNZ.
https://www.stuff.co.nz/business/opi...e-reserve-bank
But it probably wont change the performance of the banks until T1 kicks up to 16..
Even then since they are only local its the AUS economy that will determine future SP's not NZ performance.
bits and bytes .....
DIV 72, nearly back to 2019 levels.
Holders will be starting to get excited. Interest rates only going higher from here.
Its the 1970's!!!! Well not yet anyone, soon!
Happy with that - I've got 70c in my spreadsheet so always nice to increase numbers
ANZ Group looks at splitting its bank and non-bank businesses into two listed securities.
https://www.interest.co.nz/banking/1...shayne-elliott
I could be wrong, but I think that linked article says the opposite. In my reading of that link, it looks like the reorganised ANZ will stay as one listed security. The umbrella listed company would be new, in that it would no longer be a bank. But it would contain one subsidiary as 'the old fashioned bank we know and don't love', while the other subsidiary is free to pursue fintech opportunities, out of the eye of the banking regulatory authorities.
SNOOPY
"'the old fashioned bank we know and don't love',"
has brought a wonder load of profitable trading along with the bunch of slick london SPIV's over at WBC...
Oh yes, I think you’re right there, whoops:
“Australia's ANZ Group, parent of ANZ New Zealand, announced the plans, to establish distinct bank and non-bank subsidiaries under a share market listed parent holding company”
That actually makes much more sense!
One of the few in the green among a sea of red today .. :)
might see some down side coming? oh its here already and if these take another hit its becoming a very cheap stock.
US bank earning next few weeks.
buckle up people US bank earnings coming out soon and it could get ugly.
ANZ in talks with some old none QC accounting provider .... bad as buying Xero... unless someone has got a new fully distributed secure app platform.. and none of those old things are anything but old big database in the cloud solution... ancient duuuuummmm stuff....:t_down: