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Peter Esho on CBA's record profit

15 February 2012, 18:25 PM | Source: Ricardo Goncalves, SBS

The Commonwealth Bank has posted a record half year profit of $3.6billion.

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It comes just days after it, along with Australia’s other major banks delivered out-of-cycle interest rate rises for their mortgage customers.

For more on the result, including the issue of funding pressures, I spoke with equities analyst Peter Esho from City Index.

 

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obscene

phw - from canberra, 2 months ago

I the language used in conjunction with banks: "record half year profit"; "Australia’s other major banks"; "interest rate rises"; "mortgage customers"; "funding pressures"; etc. suggesting respectibility that doesn't exist. This finance mafia, empowered by impotent governments to virtually print their own money, is a national parasite responsible for the most obscene social vandalism in the name of greed. By the way, how much of the CBA's loot stays in Australia?