Current and future banking trends from Australia and across our global network.
Our latest issue provides analysis of Australia's four major banks.
It’s different this time… trust is an issue which will not go away.
This years Major Banks Analysis indicates annual cash earnings at Australia's four major banks have fallen for the first time since the global financial crisis, with the result partly driven by 'one-off' items at individual banks, rising bad debt expense and slowing credit growth in the second half of the 2016 financial year.
These results reflect a slowing of momentum, particularly in the latter stages of FY16, with a noticeable softening in the majors' traditional growth drivers. There are however signs of focus and action as they prepare themselves for a new, less certain, banking environment.
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Financial Services Industry Leader
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