ASX CBA, ANZ, NAB, WBC: Record bank profits belie the rocky road ahead
Big banks reported combined cash earnings of $17.1 billion in their first halves, up 19 per cent, but they have just gone over the peak of their profitability.
Source: afr.com
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ANZ reports record interim profit but the days of super profits are over
Both ANZ and NAB reported healthy interim cash profits but the core business of lending and borrowing isn’t as profitable as it used to be, particularly in a rising rates environment when banks would usually rake in super profits.
Source: afr.com
Macquarie household deposits surge as major banks jockey for savings
The scramble for customers in the $1.4 trillion household deposit markets comes after Jim Chalmers directed regulators to investigate competition in the sector.
Source: afr.com
Arkansas man sentenced to prison in US Capitol riot case
The county sheriff, mayor and school district superintendent were among those who wrote letters to the judge vouching for Jon Mott's character.
Source: 4029tv.com
Jan. 6 rioter from Arkansas sentenced on count of violent entry
Jon Mott from Flippin, AR, was sentenced to 30 days in jail, 3 years probation and over $1,000 in fines and restitution for involvement in Jan. 6 Capitol riot.
Source: 5newsonline.com