For the financial mainstream, crypto is a parallel universe. But they see massive opportunity in bringing blockchain and tokenisation to real world markets.
National Australia Bank
ASX:NAB
After much fanfare, the Consumer Data Right in banking is doing ... not much. Now the ACCC is making veiled warnings of greater regulatory enforcement.
Special situations groups are watching coal terminals, which may face a difficult refinancing environment
For the better part of three decades, the big banks have been mainstays of balanced portfolios. But their stress-free status is now being seriously challenged.
US benchmark bond yields hit 16-year highs last night and look set to stay higher for longer. This makes Australia vulnerable, in more ways than one.
WICET now faces industrial action and a new majority owner of one of its shippers, while one of WICET's lenders sold out due to ESG concerns
Queensland's WICET has begun talks for an early refinancing in a major test of market appetite for exposure to coal.
Alan Oster has been NAB's chief economist since 1992. His experiences in the 1980s led him to believe that we should never take recessions lightly.
The relationship between banks and fintechs has not been helped by the rising rate cycle, but big bank bosses reckon the mutual attraction remains.
There aren't four pillars in Australia's banking industry. One bank dominates and leads them all.
NAB's third-quarter update brought with it another buyback, confirming that while extra capital is not needed to cover bad debts, it's also not needed to fund slowing growth.
