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Sector: Operations

CBA goes lite on EFTPOS terminals

(Australia) Commonwealth Bank has launched its Paylite EFTPOS terminal targeting smaller businesses that process under $100,000 in card transactions each...

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CBA cultural transformation unveiled

(Australia) Commonwealth Bank will shed 3,700 back office jobs, redirect its usual project spend of $600 million and spend another...

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CBA soon to be transformed

(Australia) Commonwealth Bank’s eagerly anticipated internal restructure will have the wraps taken off this week.The restructure, which is centred on...

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OAMPS boss given five more years

(Australia) Financial services group OAMPS has given its chief executive Tony Robinson another five years at the helm.In an announcement...

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HSBC to overhaul equities business

(UK) HSBC has announced it will integrate its equities business with its global markets business in a bid to develop...

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ASB’s business banking on the up and up

(New Zealand) Auckland Savings Bank is set to capitalise on its strong business banking performance by investing heavily in the...

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AMP confirms capital raising reports

(Australia) AMP has confirmed media reports that it is considering a capital raising of A$1.15 billion to shore up its...

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Name’s the game for Thai Military Bank

(Thailand) A change of image is on the cards for Thai Military Bank as the bank – which recently failed...

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BankWest foreign owned but expanding locally

(Australia) The sale of BankWest’s remaining shares to UK banking behemoth HBOS has been rubber stamped by the federal court...

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More jobs go in HK as Bank of America looks to China

(Hong Kong) Just several days after HSBC said it intended relocating jobs from its Hong Kong operation to mainland China,...

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