'If the GFC taught me anything, banks nornally win and fight another day.'
I don't agree with this.
Why do you think WesPac was given permission to acquire St George in 2008? St George was on the ropes.
In the U.S alone, over 2008 - 2009 182 banks failed.
However, I think you're right in that the big Aussie 4 will be fine.
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1 | 1000 | 29.530 |
1 | 300 | 29.450 |
1 | 340 | 29.400 |
1 | 150 | 29.350 |
Price($) | Vol. | No. |
---|---|---|
29.630 | 5000 | 1 |
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