Correct Sp - Rating of AA and above, and the 4 Pillars are each rated AA.
I think LH's rant was exactly that- a fair bit of nonsense.
I think also it is a possibility( because of the cost of money going forward), ANZ & Nab could merge, CTB will takeover Suncorp( banking part anyway) and Westpac have St. George.
CTB could also pick up Bankwest.
This will leave some fringe dwellers,but just as the trend is in the USA,( big banks & small banks - the middle sizes are going to be swept away) there are some far reaching consequences from the financial world turmoil.
If you don't think it is possible, then ask yourself would you have put money six weeks ago on Swan now saying it is a possibility the Aussie Banks will not be able to meet all of the Reserve's interest cut? Previously he was berating them, but now he realises if we don't have a strong profitable banking system, we don't have nothing.
And don't come up with any rubbish about nationalisation!!
Correct Sp - Rating of AA and above, and the 4 Pillars are each...
Add NAB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$35.63 |
Change
-0.140(0.39%) |
Mkt cap ! $110.2B | |||
| Open | High | Low | Value | Volume |
| $35.65 | $35.68 | $35.55 | $15.95M | 448.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1130 | $35.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.64 | 4094 | 10 |
View Market Depth
| Last trade - 11.36am 05/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |