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Banks welcome the SME Recovery Loan Scheme’s extension
Major banks have welcomed the Federal government’s move to extend the SME Recovery Loan Scheme by a further six months to 30 June...
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ANZ’s Mark Harding promoted to global head of financial institutions group
Mark Harding started his new role as global head of the financial institutions group (FIG) at ANZ yesterday.
Based in...
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NAB reports third-quarter cash earnings of $1.7bn
National Australia Bank posted third-quarter cash earnings of $1.7 billion an increase of 10.3 percent on the year ago same period...
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CBA posts cash profit of $8.65bn: Launches a $6bn share buyback
The Commonwealth Bank will return $6 billion to shareholders through a share buyback scheme after delivering a 20 percent jump in...
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NAB due to post third quarter cash earnings of $1.55 billion
Impact of lockdowns
National Australia Bank is expected to post a third-quarter cash profit of $1.55 billion on...
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S&P says the merger of Greater Bank and Newcastle will solidify their credit profile
The proposed merger of Newcastle-based Greater Bank and Newcastle Permanent will likely solidify the combined entity's competitive...
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ANZ launches sustainability-linked derivatives
ANZ on Tuesday announced the launch of a sustainability-linked derivative product in Australia, Hong Kong, Japan, and Singapore as...
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CBA to report $8.70bn profit next week: Should announce a $5bn buyback
The re-emergence of covid lockdowns has presented a conundrum for the prudential regulator and the bank boards, according to Citi’s...
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ANZ unveils $1.5 billion share buyback program
ANZ will buy back up to $1.5 billion of shares as part of its capital management ahead of the rest of the sector which is expected...
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