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Showing 1 - 10 of 17 results for "Major Australian Banks"

Betashares invests in AUD-backed stablecoin

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
... AUDM is backed on a one-for-one basis by cash reserves held in segregated trust accounts with multiple major Australian banks. "The participation of Betashares and a selected range of global and regional leaders in digital assets constitutes a significant ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... big banks' half year results, noting a continued decline in cash profits for the first half of 2019. The major Australian banks reported a combined cash profit after tax from continuing operations of $14.5 billion for the first half of this year - that's ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
... major banks in the full year to 2017, separate reports from EY and KPMG have found. A KPMG analysis of the major Australian banks' performance shows the insurance and wealth management arms collectively earned $10 billion in non-interest income, down ...

Warne flags executive reshuffle at Macquarie AGM

ALEX BURKE  |  THURSDAY, 27 JUL 2017
... 34% to 41%. "The new tax will have a disproportionately higher impact on Macquarie Bank compared to the major Australian banks given our business mix is more heavily weighted towards wholesale and international business."

Banks balancing profit and capital adequacy

ALEX BURKE  |  TUESDAY, 8 NOV 2016
... given a sluggish economy and increasing regulatory pressure, according to several industry analysts. KPMG's Major Australian Banks Full Year 2016 Analysis Report shows a 2.5% drop in total after-tax profit to $29.6 billion over 2016. Average returns ...

Impact investing delivers wide reaching returns

KERRIE SYDEE  |  WEDNESDAY, 26 OCT 2016
... FY15 investment transactions comprising debt finance to social enterprises, with green bonds issued by major Australian banks dominating the increase in dollar value of investment in FY15. "The data reveals a diversity of investment activity, that is ...

MyState appoints technology provider

DARREN SNYDER  |  MONDAY, 16 MAY 2016
... Financial services 110 out of 171 Australian authorised deposit taking Institutions (ADIs), including all four major Australian banks. Rubik's software includes financial planning software, mortgage software, and core banking systems. MyState is an ASX-listed ...

Banks raise $15bn in wholesale markets

MARK STORY  |  FRIDAY, 8 FEB 2013
... costs - significantly below the rates they're willing to pay for term deposits - total funds raised by major Australian banks in the wholesale markets just nudged $15 billion this year. Thomson Reuters numbers reveal that major Australian banks have ...

Bank stocks rise on Greek confidence

ALISON BEVEGE  |  THURSDAY, 30 JUN 2011
... that stress was to exacerbate then it's likely that will result in a higher cost of funds for the four major Australian banks and we'd really have to assess that scenario if it unfolded," he said. "We don't' see that by itself as a reason to change the ...

BetaShares launches currency ETF

MEDIA RELEASE  |  TUESDAY, 1 FEB 2011
... Australia. For example, an individual seeking to invest A$10,000 in a US dollar bank account with one of the major Australian banks can pay up to $700 over a 6-month period due to fees, costs and poor exchange rates. The same investment in the BetaShares ...
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