Tag: banking industry insights
-
Macquarie Bank Challenges Big Four in Australian Banking Sector
In the Australian banking landscape, the major players like Commonwealth Bank, Westpac, National Australia Bank, and ANZ collectively hold significant market share. These big four banks dominate the market with assets totaling around $3.80 trillion. The Australian Prudential Regulation Authority (APRA) regulates these banks and ensures they maintain a certain level of capital to safeguard…