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1.Market Observations, 8.Was Sticky

10 May 2017 (AFR) – Tax talk sparks $14b sell-off in ASX-listed banks

(10 May 2017, AFR, p23, by: Jens Meyer, Patrick Commins)

‘Talk of a new tax on the big banks combined with an underwhelming CBA trading update to trigger a vicious selloff in the big four lenders on Tuesday, shaving nearly $14 billion off their market capitalisation.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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