Good evening,
 
 

Good evening,

As National Australia Bank officially got its $3 billion institutional placement away on Tuesday morning, market minds were already thinking about which big bank would be next to fall.


Tonight, Street Talk takes a look at that exact question. The pressure is mainly on the boards of ANZ and Westpac, which are meeting this week in advance of their interim results and will decide each of the bank's raising and dividend fates.


Elsewhere, there's a virtual data room business and IPO hopeful that has done an about face. Choppy equity markets have iced its ASX listing and the company now has an investment bank on board pitching it to potential buyers.


Finally, CBA has sold its CommSec wholesale arm and Deloitte is calling in some back-up on its Virgin sale.


Happy reading,


Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors

Street Talk

Moelis to fire up data rooms company Ansarada's sale

Here's one every dealmaker should know a bit about. 

Street Talk

ANZ, Westpac boards meet on raising, dividend fate

It's (virtual) board meetings galore for two of the big four banks this week and they've got more on their plate than usual. 

Street Talk

Deloitte to tap big bank for Virgin Australia sale

Deloitte is calling in back-up as it seeks to sell Virgin Australia. 

Street Talk

Sayonara! CBA sells CommSec wholesale arm

Commonwealth Bank has agreed a deal to sell CommSec's wholesale broking business to Japan's Nomura Research Institute.

Street Talk

Citi nabs new director from BAML

Investment bank Citi has bolstered its markets and securities business with a new hire. 

 
The Australian Financial Review

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