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Why ASX banks are licking their lips right now

Why ASX banks are licking their lips right now Tony Yoo | December 16, 2020 8:56am | More on: Image source: Getty Images Despite near-zero interest rates, the big ASX-listed banks have some excellent news to see in the new year. Evidence from multiple sources is showing that the housing market is heating up for a massive post-COVID surge. “It seems likely that residential property transactions will increase by a quarter in 2021 as, in addition to homebuyers, we’re now seeing property investors also returning to the fold lured by the prospect of neutral-to-positively geared investments,” said BuyersBuyers.com.au chief operating officer Pete Wargent.

Australia trial of Citi, others due in 2022, seven years after capital raising

Australia trial of Citi, others due in 2022, seven years after capital raising Toggle share menu Advertisement Australia trial of Citi, others due in 2022, seven years after capital raising Citigroup Inc and other finance companies and executives will likely face trial in Australia in 2022, people familiar with the matter said on Tuesday, seven years after a share sale they are accused of colluding on. FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo 3 related media assets (image or videos) available. Click to see the gallery.

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