CBA reopens hybrid market amid Europe blowout

摘要

Australian bank hybrids held up well amid the blowout in Europe's Additional Tier 1 market, underlining the continuing strength of the country's domestic-focused banking sector. While the centre of the recent storm, Deutsche Bank, suffered a record quarterly loss in the fourth quarter of 2015, Australia's biggest lenders continue to post steady profit increases, With commonwealth bank of australia able to announce on February 10 a 4% year-on-year rise in earnings to a half-year record of A$4.8bn (US$3.8bn).