Hi Everybody! Hi Doctor Nick!
Just throwing it out there...but which bank/banks do people view as better/more favourable to invest in for the long haul?
Take ANZ for example...i know they have quite a sum of money for Provisions for Bad Debts...so to me thats a clear indicator of steer clear (but to me only! DYOR)!
NAB have some UK assets. Again, not favourable to me...with all the recent sub-prime happenings.
CBA have a stake in Centro no? I'd assume that will leave a dent in their final figures...
So in people's views, which bank do you think will outpeform the others in year's to come?