Australian lender ANZ said on Friday it will pay a combined sum of A$99 million ($67.76 million) for the settlement of two class actions brought against it in 2020.
Daniel Hynes of ANZ says there underlying fundamentals for the gold market has been strong and that the beginning of monetary easing in the U.S. will further boost prices.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Australian banks are firing on all cylinders and are beating their global peers even as the country's economy slows. Westpac Banking Corporation (WBC) share price has risen in the last five consecutive days and by over 42.50% this year.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.