ASX Shares Is now the time to buy ANZ Bank shares?

Discussion in 'Shares & Funds' started by Darlinghurst Boy, 5th Apr, 2016.

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  1. The Falcon

    The Falcon Well-Known Member

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    Bit of a beat up for mine. Banks are embracing blockchain as it will reduce costs substantially (international money transfers for one, via "hyperledger").

    The big 4 are well capitalised and their existence as an oligopoly is mandated by the federal government. They are very large banks in a small market with its own floating currency...They will always be cyclicals but I wouldn't bet against them long term.
     
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  2. Redwing

    Redwing Well-Known Member

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    This close......

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