Market share war worries investors
(2 March 2010 – Australia) The investment community has become concerned about how the price wars Australia’s banks are engaging in will affect margins, and whether it could […]
(2 March 2010 – Australia) The investment community has become concerned about how the price wars Australia’s banks are engaging in will affect margins, and whether it could […]
(2 March 2010 – Australia) HSBC, the world’s largest bank, has reported a 12 percent increase in its net profit from A$251 million to A$282 million for 2010.The […]
(23 February 2011 – Australia) The chief executive officer of National Australia Bank and two of his senior management team members have taken a direct financial hit as […]
(23 February 2011 – Australia) Suncorp bank’s first-half net profit has dropped by 38.7 percent, after devastating floods and storms ravaged the bank’s key market of Queensland.Despite the […]
(17 February – Australia) Natural disasters, Cyclone Yasi and the Queensland floods, have forced Bank of Queensland to cut its full-year profit guidance for the second time in […]
(17 February – Australia) Westpac Banking Corporation’s chief executive Gail Kelly has ordered a dramatic shake-up of subsidiary St George after the bank suffered a serious slump in […]
(16 February – Australia) Westpac Banking Corporation has posted unaudited first quarter cash earnings of approximately A$1.55 billion, down from A$1.6 billion in the previous corresponding period.Australia’s second […]
(15 February 2011 – Australia) Bendigo and Adelaide Bank has announced a after tax profit of A$173.9 million for the six months ending 31 December 2010.Cash earnings for […]
(9 February 2010 – Australia) Commonwealth Bank has posted a statutory net profit of A$3.05 billion for the six months to December 2010, attributed largely to business lending, […]
(8 February 2010 – Australia) National Australia Bank has delivered its first quarter trading update, revealing an unaudited cash profit, for the three months to December 31st, of […]