Lol, first of all AU banks are much safer than US banks due to high regulation (eg our banks did fine during the GFC and Asian Financial Crisis)
Second, banks failing in the US is a regular occurrence, happens almost every year. They have a much more fragmented market (made up of plenty of terrible banks) compared to AU and less stringent regulation. CS has been on life support since 2008 and should have died in the GFC, so no surprise what happened there
Cash rate of 3.85% is very low relative to historical standards, nothing to worry about there
Lol, first of all AU banks are much safer than US banks due to...
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Last
$33.21 |
Change
-0.380(1.13%) |
Mkt cap ! $113.6B | |||
| Open | High | Low | Value | Volume |
| $33.57 | $33.78 | $32.81 | $342.4M | 11.00M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39793 | $33.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.22 | 13338 | 1 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| WBC (ASX) Chart |