Five years after the royal commission, big banks have their mojo back
But the newfound assertiveness isn’t simply due to the fading of past humiliations. They are increasingly conscious their large size is now a huge asset.
It’s not only big banks’ share prices that are soaring.
Confidence levels among the country’s most senior bankers appear to have rebounded to near record peaks, judging from their comments at The Australian Financial Review Banking Summit on Tuesday.
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Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com
