Big bank results round-up

The big four banks look set to record another year of record profits, but a recent trip to China underscored one of the major risks.

On a recent visit to China, the discrepancy between major bank valuations there and here was a constant talking point. While the big four Aussie banks are hitting new highs, Chinese banks are trading at huge discounts to book value as investors prepare for an increase in bad debts from China’s unprecedented credit and housing booms.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles