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Australian issues, Media, Personal, Relations

Who owns the largest share of Australia’s Top 4 Banks

**Data taken from SYB

Top 4 ANZ Shareholders

Name of Shareholder Number of Shares  %
1 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 446,984,331 17.46
2 J P MORGAN NOMINEES AUSTRALIA LIMITED 371,451,021 14.51
3 NATIONAL NOMINEES LIMITED 343,611,753 13.42
4 CITICORP NOMINEES PTY LIMITED 98,249,488 3.84

Top 4 Commonwealth BA Shareholders

Name of Shareholder Number of Shares %
1 HSBC Custody Nominees (Australia) Limited 210,455,886 13.59
2 J P Morgan Nominees Australia Limited 154,853,734 10.00
3 National Nominees Limited 136,450,456 8.81
4 Citicorp Nominees Pty Limited 66,664,831 4.30

Top 4 National Australia B Shareholders

 Name of Shareholder Number of shares %
1 HSBC Custody Nominees 359,630,439 16.86
2 J P Morgan Nominees Australia Limited 260,185,567 12.20
3 National Nominees Limited 244,446,877 11.46
4 Citicorp Nominees Pty Limited 97,543,050 4.57

Top 4 Westpac BC Shareholders

Name of Shareholder Number of Fully Paid Ordinary Shares % Held
1 HSBC Custody Nominees (Australia) Limited 444,695,642 14.88
2 JP Morgan Nominees Australia Limited 379,805,564 12.71
3 National Nominees Limited 312,929,618 10.47
4 Citicorp Nominees Pty Limited 143,271,824 4.79

What an EYE OPENER. Still more. Who are these 4 private entities so secretly powerful? Many would think HSBC belongs to the Asians. Yet, have a look at what Wikipedia has to say.

HSBC Custody Nominees (Australia) Limited

They own:

17.46% of ANZ 13.59% of CBA 16.86% of NAB 14.88% of WBC

In fact, they’re the number one shareholder in a few other Australian banks. They also own:

12.09% of Bendigo & Adelaide Bank and 17.00% of Bank of Queensland.

Wikipedia had this to say about them,

“HSBC Holdings plc is a global financial services company headquartered in Canary Wharf, London, United Kingdom. As of 2010 it is the world’s sixth-largest banking and financial services group and eighth-largest company according to a composite measure by Forbes magazine. It has around 8,000 offices in 91 countries and territories across Africa, Asia, Europe, North America and South America and around 100 million customers. As of 30 June 2010 it had total assets of $2.418 trillion, of which roughly half were in Europe, a quarter in the Americas and a quarter in Asia.” http://en.wikipedia.org/wiki/Hsbc (accessed 21 Feb 2011).

Here is a link to their 2010 Annual Report. Here are a few of the financial Highlights listed in that report:

  • Pre-tax profit more than doubled to US$19bn on a reported basis.
  • Underlying pre-tax profit up by almost US$5bn or 36% to US$18.4bn.
  • Profitable in every customer group and region, including North America

Their 2009 Annual Report wasn’t too shabby either. It says that, on a reported basis, their profit before tax was US$7.1 billion

OKAY, what about the other 3 private entities deemed so secretly powerful? Let’s see.

JP Morgan Nominees Australia Limited

They own:

14.51% of ANZ 10.00% of CBA 12.20% of NAB 12.71% of WBC

In fact, they’re also the number two shareholder in a few other Australian banks. They also own:

7.92% of Bendigo and Adelaide Bank and 7.77% of Bank of Queensland.

JPMorgan Chase had a $12 billion profit for 2009. We found this out and read all about their success in their Annual Report.

National Nominees Limited

National Nominees Limited is the number three shareholder for all of the Big Four Banks.  It is a wholly owned subsidiary of National Australia Bank Limited – You know the BANK that just staged a HUGE break-up. It must be an awkward break-up indeed with all of those shared assets. We think you should give them a spank purely for staging such a pathetic break-up!

They own:

13.42% of ANZ 8.81% of CBA 11.46% of NAB 10.47% of WBC

We don’t know about you, but we certainly find it a little bit strange that they own less of themselves than they do of ANZ. This certainly deserves a “Please Explain!”

They’re also a major shareholder in a few other Australian banks. They also own:

6.35% of Bendigo and Adelaide Bank and 10.87% of Bank of Queensland.

NAB had a net profit of $4.2 billion for 2009. We read all about their wonderful year in their Financial Year Highlights

And Last but not Least,

Citicorp Nominees Pty Limited

Citicorp Nominees Pty Limited is listed as the number four shareholder for all of the Big Four Banks. It is a wholly owned subsidiary of Citi Group Inc. You might know them better as Citi BANK. Citi Group Inc only has the largest financial network in the world.

They own:

3.84% of ANZ 4.30% of CBA 4.57% of NAB 4.79% of WBC

In fact, they’re a major shareholder in a few other Australian banks. They also own:

2.13% of Bendigo and Adelaide Bank and 2.57% of Bank of Queensland.

Citigroup Inc. (branded Citi) is a major American financial services company based in New York City. Citigroup was formed from one of the world’s largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group on April 7, 1998. The company holds over 200 million customer accounts in more than 140 countries. It is a primary dealer in US Treasury securities. http://en.wikipedia.org/wiki/Citigroup accessed 21 Feb 2011

Citigroup suffered huge losses during the global financial crisis of 2008 and was rescued in November 2008 in a massive bailout by the U.S. government. Its largest shareholders include funds from the Middle East and Singapore. In the last two financial years, their core businesses, together known as Citicorp, were profitable with $10.6 billion and $14.8 billion in net income. http://www.citigroup.com/citi/fin/data/ar10c_en.pdf (2010) http://www.citigroup.com/citi/fin/data/ar09c_en.pdf (2009)

Now, many still think the RBA is a quasi governmental body and belongs to the people in Australia, IF these top four pillars have the freedom to create credit from nowhere, which affects the Australian Economy as a whole, who actually DOES the greater power belong to, the PUBLIC OR THE PRIVATE??? THINK ABOUT IT.

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Discussion

3 thoughts on “Who owns the largest share of Australia’s Top 4 Banks

  1. Be afraid, all the bankers and financial institutions are so interconnected in an incestuous relationship that if one fell, the ripples of destruction could rip the whole lot apart.

    Posted by Alex Jones | July 15, 2012, 6:44 am
  2. Don’t worry about these monster banks going bust – they will not, since these monster banks are owned by the few international banking elite, who also control all major banking institutions, insurance, food (see Food, Inc), commodities, gold, etc., pharmaceuticals, other major corporations, and of course, politics.m

    Posted by Max Jäger | May 26, 2013, 9:13 am

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