CBA first quarter profit up 9.4%
(16 November 2011 – Australia) First quarter profit climbed 9.4 percent for Commonwealth Bank (CBA), the result was in-line with forecasts, but the bank warned that higher funding […]
(16 November 2011 – Australia) First quarter profit climbed 9.4 percent for Commonwealth Bank (CBA), the result was in-line with forecasts, but the bank warned that higher funding […]
(16 November 2011 – Australia) A new report from audit firm KPMG shows a squeeze on Australia’s regional banks due to an increased cost of credit.The analysis of […]
(15 November 2011 — New Zealand) Westpac New Zealand chief executive George Frazis is likely the highest paid CEO in the country after his pay of $NZ5.4 million […]
(15 November 2011 — Australia) In another big salary report for Australia’s big banks, National Australia Bank (NAB) chief Cameron Clyne received a 12 percent pay increase to […]
(7 November 2011 – Australia) Emerging from a “safety first strategy” from the first half of the year, ANZ chief Mike Smith revealed the bank will be jump-starting […]
(4 November 2011 – Australia) ANZ Bank posted a huge A$5.36 billion profit but still complained that the global economic situation had deteriorated trading conditions for its markets […]
(3 November 2011 – Australia) The fury of Treasurer Wayne Swan was directed at National Australia Bank (NAB), after the bank trimmed its variable mortgage rate by less […]
(3 November 2011 – Australia) Westpac joined its rivals in reporting a monster profit, with cash earnings up 7 percent to A$6.301 billion, slightly lower than the A$6.34 […]
(31 October 2011 – Australia) As Australia’s commercial banks face the reality of customers seeking to reduce their debt, and remain under pressure to post larger and larger […]
(31 October 2011 – Australia) Macquarie Group issued another downbeat profit outlook with a 24 percent drop in first-half earnings, posting A$305 million in the six months to […]