Major banks’ Hayne pain hits 2020 outlook

Posted by on November 11, 2019 5:08 pm
Categories: Business

Citi is anticipating return on equity across the major banks will continue to slide off the back of diminished cash earnings, with estimates that ANZs ROE will drop below 10 per cent by 2021 and Westpac by 2022.
The brokerage also anticipates declines in ope…
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