Huge risk now Sydney is in lockdown. CBA will get battered and bashed IMHO. a what will WBC do?
I know WBC was almost priced for lockdown with the regulatory fines, penalties and slaughtering by AUSTRAC and APRA? ASIC?
What will the regulator do to WBC now?
At least WBC was already at lowball. it could be worse, u could be a CBA sholder.
Would hate to hold high priced bank shares right now but WBC was already lowball IMHO. CBA a as a highball has much further to fall than poor old battered and beleaguered and regulator bashed up WBC.
Bye bye westpac, page-15
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