Wisr Share Price: Fintech Flags Capital Raise (ASX:WZR)
The Wisr Ltd [ASX:WZR] share price entered a trading halt today pending a capital raise via an institutional placement. Before the halt, Wisr shares were trading for 32 cents a share
ASX:NAB
Plenti Share Price Down: Analysing its FY21 Results (ASX:PLT)
The Plenti Group [ASX:PLT] share price is largely flat today despite the lender growing its loan book by 61% year-on-year. Plenti — the consumer lending and investing platform — saw its shares drop as much as 4.5%...
Macquarie Shares Up on Record Profit: Banking Bonanza? (ASX:MQG)
At time of writing, the share price of Macquarie Group Ltd [ASX:MQG] is up .23%, trading at $159.37, on the back of a record profit...
Big Four Banks Rise on ASX Rally, CBA and WBC Admit to Bad Practices
The Australian share market has rallied to its highest level since early March and briefly reclaimed the 6,000-point level on buying of leading blue chips. The Big Four banks have returned strongly after being hit hard by the fallout from the coronavirus...
CBA Sells Wealth Management Arm in Favour of Fintech (ASX:CBA)
The Commonwealth Bank of Australia [ASX:CBA] released details this morning of the $1.7 billion sale of its wealth management business, Colonial First State. At time of writing, the CBA share price is sitting at $59.99, up marginally by .47%...
Aussie Banks in Trouble: The Destruction of Banks Is a Golden Opportunity
I’ve long argued that a day of reckoning was coming for Australia’s big four banks. In fact, I spent most of last year trying to convince you that they were about to be ‘unbundled’. As is obvious to all now, the big banks are in big trouble...
NAB Shares Enter Trading Halt after H1 Earnings Halved (ASX:NAB)
National Australia Bank Ltd [ASX:NAB] has issued a notice this morning that it would be entering a trading halt in order to raise funds, after posting a massive hit to first-half cash earnings...
NAB to Take $1.1 Billion Hit — What It Means for the NAB Share Price
This morning should come as a warning to all shareholders of Australia’s banking sector. The National Australia Bank Ltd [ASX:NAB] share price is down a little over 1% today at time of writing, and some may be wondering why it didn’t take a bigger dip...
Demographics and the Wisr Share Price: A Risk to Consider (ASX:WZR)
The Australian financial sector has had a turbulent past couple of years to say the least. In particular, the Big Four banks have been put through the wringer. And it’s played into the hands of the Wisr share price, at least until the pandemic leads to aggressive de-risking....
Could CSL Become the New Standard of Income Stocks? (ASX:CSL)
It is a little over a month since Melbourne-based biotech company CSL Ltd [ASX:CSL] officially became the largest firm on the ASX. The biotech behemoth could be poised to become a standard fixture for income investors...