Australian banks invest in ‘Land Investment Management’ as capital market moves away
Investing in the Australian Capital Market (ACM) is now more popular than ever, with new entrants entering the market and new companies stepping in.
Here are some of the new players, with a few notable names.
The Australian Bankers Association (ABA) The ABA is a leading voice in Australia’s capital markets and is an official regulator of the ADRs.
It’s the only major institution in Australia to have a board of directors.
The Reserve Bank of Australia (RBA) The RBA is the financial regulator of Australia, and oversees the nation’s banking system.
It has a very strong regulatory presence, with its portfolio comprising of Australia’s financial institutions and private banks.
The Commonwealth Bank of New South Wales (CBNSW) The CBNSW is the third-largest bank in the nation, with more than $5 trillion in assets.
It is a wholly-owned subsidiary of Commonwealth Bank, one of Australia