National Australia Bank (ASX:NAB) has released findings from its March survey of business conditions, detailing better-than-expected results and signaling an eight-point increase to a record high of 25 points. NAB chief economist Alan Oster has attributed improved conditions to the early lifting of COVID restrictions ahead of schedule around Australia. In contrast, the business confidence index still hovers above average despite shedding 3 points to 15 due to weaker performances in wholesale and manufacturing.
04 Sep 2020 - The Commonwealth Bank of Australia (ASX:CBA) has announced that one of its formerly owned subsidiaries, Count Financial, has been hit with a class action lawsuit in the Federal Court of Australia.
27 Nov 2019 - Following shareholder queries, ANZ (ASX:ANZ) today provided an update on the actions it has taken to assist in the prevention of financial crime in the Australian banking system.
13 Mar 2020 - Zip Co (ASX:Z1P) report that they have not observed any material impact from coronavirus across its business, though they do believe there will be implications for various parts of the economy.
03 Sep 2019 - Financial advisory business Moelis Australia (ASX:MOE) has today announced its entered into a binding buyback agreement with Moelis & Company (NYSE:MC) to purchase 8 million Moelis shares from M&C via a selective buyback at a price of $3.40 per share.
