These are not crisis times for Australian banks. Yet in the space of a week ANZ and then CBA raised $8 billion worth of capital taking the total raised this year to $16 billion.
This surpasses the $13 billion raised at the height of the global financial crisis.
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Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com