Banking Day
WEBBank of Queensland will take control of owner-manager branches and turn them into corporate branches. And then close many of them. The bank yesterday then announced an even bigger shift in strategy, in effect converting itself into a business bank.
Beyond Bank, P&N hit merger accelerator - Banking Day
WEBBeyond Bank and Police & Nurses Limited have signed a Memorandum of Understanding to investigate a merger of equals, which would create a mutual bank with $20 billion in assets and 450,000 members. The merger is subject to due diligence and member approval, and aims to achieve scale and synergies in banking.
Bank of Sydney in business - Banking Day
WEBMay 6, 2013 — Beirut Hellenic Bank - the former Laiki Bank Australia - aims to cultivate a wider target market with a change of name. The bank will trade as Bank of Sydney from today.
Briefs: ASIC CEO resigns, Pepper prices ABS, Butn tops up capital
WEBASIC chief executive Warren Day is leaving the regulator to join the Commonwealth Director of Public Prosecutions. Day’s 20-year career at ASIC will end on June 1. Greg Yanco, ASIC’s executive director of regulation and supervision, has been appointed interim CEO.In another management update, ASIC announced that executive director of enforcement and compliance, Tim Mullaly, will retire at ...
Bank Australia and Qudos Bank to merge - Banking Day
WEBThe two former credit unions, with a combined 300,000 customers and A$20 billion assets, aim to create a stronger and more efficient mutual bank. Qudos Bank, facing operational challenges and member decline, will join Bank Australia, a leader in impact investing and member growth.
Banking Day
WEBDec 11, 2015 — Macquarie Bank has started rolling out its long awaited full-service retail bank offering. Since October the bank has been contacting customers with offers of a transaction account, savings account and a new credit card.The transaction account comes in two versions: platinum and standard.
Banking Day
WEBContains 7 sub-topics, view all articles "Major Banks" or select a sub-topic below to further narrow your browsing.
Regional Australia Bank sets profit record - Banking Day
WEBThe web page reports on the financial performance of Regional Australia Bank in FY2023, which achieved an ROA of 1.01 per cent and a net profit of A$32.1 million. It also discusses the bank's strategy, growth, and merger plans.
Banking Day
WEBFocused on banking and finance, saving you the time spent wading through newspapers and other services. With reporting from former editors and senior writers from the AFR and The Australian.
‘Rips your heart out’ – Volt founder opens up on bank’s demise
WEBSteve Weston, the founder and CEO of Volt Bank, says he is "gutted" for staff, customers and shareholders after the bank collapsed due to lack of capital. He explains the strategic shift from retail banking to banking-as-a-service and the challenges of attracting new investors in the current market.
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