FINSOC Weekly Wraps Vol.10

Apr 18, 2021 Weekly Wraps

– Citigroup has decided to discontinue its Australian consumer banking products, ending a 36 year run to focus on its investment banking services in Australia. – The ABS has reported a drop in unemployment rate of 0.2%, down to 5.6% since February . – The ASX 200 continues to rise, ending on a 13-month high of 7063.5.- International: Coca-Cola Amatil shareholders voted in favor of a $9.8 billion acquisition offer from Coca Cola European Partners. – This week’s company spotlight studies how Crown Resorts Limited has navigated its way throughout regulatory controversies and restrictions amidst the pandemic.