CBA, Westpac, ANZ and NAB are in for ‘tougher times’: UBS report

CBA, Westpac, ANZ and NAB are in for ‘tougher times’: UBS report

Updated May 11, 2018 15:13:28 Photo: The big four banks have been downgraded with “sell” and “neutral” ratings by UBS. (ABC News: Giulio Saggin, file photo) “Tougher times” are ahead for Australia’s banking sector, according to UBS, with the spectre of the banking royal commission hanging over their shoulders, and …

Banking Royal Commission could spark a credit crunch that drags down wider economy, UBS analysts say

Banking Royal Commission could spark a credit crunch that drags down wider economy, UBS analysts say

Posted March 24, 2018 05:50:39 Photo: Credit conditions could become far tighter following the banking royal commission. (ABC News: Michael Barnett) It has just been going just two weeks but the royal commission into the banks has had a vastly more material impact than most observers expected. Key points: Tighter …