Home › Big four banks mauled in bear market
 

Keywords :   


Big four banks mauled in bear market

2015-08-23 11:50:21| Automakers - Topix.net

All of Australia's major banks are in bear-market territory after investors wiped more than $85 billion off their combined market value this year - a drop of more than 20 per cent. The share price plunge has been sharpest for Asia-focused ANZ Banking Group, which has resulted in it being narrowly overtaken by National Australia Bank as the country's third-largest lender measured by market capitalisation.

Tags: big market bear banks

Category:Automotive

Latest from this category

All news
»
19.09Cathay Airbus fault could have caused major damage
19.09PPG Celebrates Success of WorldSkills Lyon 2024 Vocational Skills Event
19.09Asahi Kasei Launches New Grade of Flame Retardant Nonwoven
19.09KT Capital Acquires Majority Interest in Recycling Equipment Incorporated
19.09One in five passengers forced to stand in morning peak
19.09LRS Exchange MRF Wins 2024 NWRA Recycling Facility of the Year Award
19.09Researchers find potential for Babraham pig to be used as a biomedical model
19.09Bristol Motor Speedway, Keep Tennessee Beautiful Partner on Cigarette Litter Prevention and Recycling
More »