CBA to raise more capital?

10 August 2015

 

On Wednesday 12 August, CBA announces its full year results and the market will be watching closely to see whether the bank announces any new capital raising initiatives. Estimates are that CBA needs around $7bn of new tier 1 capital. ANZ’s announcement last week that it would raise $3bn of fresh equity capital led to sharp equity markets falls. Investors saw it as the first of numerous upcoming bank capital...

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