ANZ’s CET Ratio of 13.1% is quite bad, not much headroom for a regulatory fine. I wonder what WBC’s CET Ratio is? WBC has little capacity for a regulatory fine also. Would necessitate a rights issue if the CET Ratio falls.
The banks down in Australia will not be able to close any more branches soon and that could spell real trouble if their profits are unsustainable from all the branch closure sales when they stop.
Difficult times ahead for all of he banks not just WBC.
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