1.5% might seem like an insignificant shareholding. However, given the sheer size of Saudi Aramco that equates to US$25.6 billion, making it the biggest IPO in history…
In case you missed it this will be Westpac Banking Corporation’s [ASX:WBC] CEO, Brian Hartzer’s last week on the job. As details emerged from financial transaction watchdog Austrac’s legal action, from the time the story broke, the Westpac CEO and chairman were doomed…
For a company and its board, an activist investor is the last thing it wants to see on its share register. For a start, it will mean plenty of headaches…and distractions. CEOs should be busy enough running their companies without having to deal with activists as well.
While Westpac, and both NAB and ANZ, experienced soft results, CBA’s trading update showed a bank getting on with business. In its quarterly trading update CBA is showing signs that it is moving further ahead of the pack…
Whether we like it or not, almost anyone with superannuation will likely have a holding in each of the big four banks. Banks are fighting on many fronts. Not least of all is capital. If they need to hold onto capital, that may mean further reductions in dividends. There is also the issue of margins and low rates…
