Asia markets were mixed on Monday, but the Nikkei climbed, likely getting a boost from the weaker yen and a better-than-expected Japanese GDP.
Asian markets ended mostly higher, as oil prices jumped more than 1 percent and the dollar weakened.
Asian markets traded lower, as worries about the U.S. presidential election, weak Japan data and lower oil prices weighed on sentiment.
Piyush Gupta, CEO at DBS Group, talks about DBS' acquisition of ANZ's Asian operations, its push into the private banking space and Q3 earnings.
Daryl Guppy, CEO at Guppytraders.com, looks at the charts for DBS and ANZ, and says that they appear bullish.
ANZ's super-regional strategy was right for the time but circumstances have since changed post-global financial crisis, says CEO Shayne Elliott.
ANZ CEO Shayne Elliot explains that resource prioritization was behind ANZ's decision to refocus on institutional banking.
The purchase of ANZ's Asian operations could be the move that will get into DBS into Indonesia to compete, says Keith Pogson, senior partner at EY.
DBS' acquisition of ANZ's Asian retail business is no surprise as the latter refocuses on institutional banking, says Macquarie WM's Martin Lakos.
Asian markets were mixed Friday as investors parse a deluge of economic data and corporate earnings results.
Australia's big four banks have been in the headlines for all the wrong reasons in the past year.
East and Partners' Martin Smith discusses the failure of Australian banks to pass on the central bank's rate cut to customers.
Moody's Vice President Frank Mirenzi explains that the downgraded outlook reflects deteriorating conditions seen for Australia's largest banks.
Moody's has lowered its outlook on Australia's banks to negative from stable, warning of sluggish profit growth and rising household debt.
ANZ's Q3 results showed that revenue growth outpaced the rise in costs which the market should react well to, reckons Morningstar Australasia's David Ellis.
It's still too early to determine the full impact of Australia's elections on major banks' earnings and share prices, says Morningstar's David Ellis.
Oil fell, pressured by returning Nigerian and Canadian output and as traders looked to book profits.
Oil prices closed sharply higher after government data showed weekly U.S. crude stockpiles fell more than expected.
Gold prices would likely resume their bull run, ANZ said, amid lowered Fed rate hike expectations and the risky Brexit poll.
Bets against Australia's Big Four banks have piled up amid rising concerns that the country's property prices could be about to fall off a cliff.