Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

News

markets

28 April 2020 • By Sarah Simpkins • 1 min read

NAB maintaining dividend is ‘illogical’, business expert says

The big four bank should not be paying dividends given the uncertain depth of the coronavirus crisis ahead, a business researcher has said, as ...

READ MORE
icon

Big four bank flags massive impairment charge

A big four bank has revealed that its first-half results will see it take a multibillion impairment charge. Westpac will take a $2.23 billion ...

READ MORE
icon

Big four to scramble for capital in coming years: Morningstar

Morningstar analysts have forecast that Australia’s major banks could each be in need of multibillion-dollar injections of capital in the years ...

READ MORE
icon

Future Fund sidesteps market massacre

Australia’s sovereign wealth fund has dodged the worst of the market volatility, crediting its performance to low illiquid exposures. While the ASX ...

READ MORE
icon

NAB earnings plummet

The bank has taken a massive hit to its cash earnings and has been forced to slash dividends and executive pay as the coronavirus hammers the ...

READ MORE
icon

Big Four bank slashes dividend, launches capital raise

The bank has launched a multi-billion capital raise and slashed dividends and executive pay in order to keep afloat through the coronavirus crisis

READ MORE
icon

Aussie banks hit with downgrade

One of the world’s leading ratings houses has downgraded a number of Australian banks off the back of weakening economic activity – and upgrades are ...

READ MORE
icon

Markets march on despite horror data

Markets remain unfazed despite shock unemployment figures and new data showing just how deep the crisis runs. The IHS Markit Purchasing Managers’ ...

READ MORE
icon

Blackstone cops $1.6bn loss

The coronavirus market meltdown has slapped US investment management giant Blackstone with a US$1.07 billion ($1.6 billion) net loss for the first ...

READ MORE
icon

ESG passes ‘acid test’

Companies with higher ESG ratings performed better and were more resilient in the market massacre. ESG leaders outperformed laggards in global ...

READ MORE