Company Overview and News

 
Royal commission gloom shouldn't threaten bank dividends

16h smh.com.au
The major banks, which make up more than a fifth of the sharemarket by capitalisation, are down in the dumps again.

 
NAB joins pack in pushing out timing of RBA rate hike

2018-05-21 theage.com.au
National Australia Bank has pushed out its predicted timing for an interest rate hike as wage growth remains elusive, with the bank saying the relationship between wages and employment may need a rethink.

 
NAB joins pack in pushing out timing of RBA rate hike

2018-05-21 smh.com.au
National Australia Bank has pushed out its predicted timing for an interest rate hike as wage growth remains elusive, with the bank saying the relationship between wages and employment may need a rethink.

 
NAB predicts mid-2019 rate hike, as weak economic conditions persist

2018-05-21 abc.net.au
One of Australia's largest banks is no longer feeling as optimistic about the economy as it was before.

 
How social media is boosting Australia's 'experience economy'

2018-05-20 theage.com.au
Social media platforms including Twitter, Instagram and Snapchat are contributing to a long-term shift in consumer spending away from material goods towards life experiences, one of Australia’s biggest banks says.

 
How social media is boosting Australia's 'experience economy'

2018-05-20 smh.com.au
Social media platforms including Twitter, Instagram and Snapchat are contributing to a long-term shift in consumer spending away from material goods towards life experiences, one of Australia’s biggest banks says.

 
'Unethical' banks under scrutiny as royal commission returns

2018-05-20 theage.com.au
Senior conservative figures have criticised the big banks for their aggressive treatment of some small businesses, with the royal commission expected to reveal more examples of irresponsible lending and harsh loan enforcement this week.

 
'Unethical' banks under scrutiny as royal commission returns

2018-05-20 smh.com.au
Senior conservative figures have criticised the big banks for their aggressive treatment of some small businesses, with the royal commission expected to reveal more examples of irresponsible lending and harsh loan enforcement this week.

 
National Australia Bank CEO: 'As a banker, I am ashamed.'

2018-05-18 cnbc
With the National Australia Bank under fire over allegations of fraud and misconduct by its bankers, its CEO Andrew Thorburn admitted that banks had been prioritizing its company operations over its clients.

 
Australia's Westpac hires complaints head amid damaging inquiry

2018-05-18 reuters
SYDNEY (Reuters) - No. 2 Australian lender Westpac Banking Corp (WBC.AX) said on Friday it had been “too slow” to resolve customer complaints and had created an executive role to handle them, as the country’s financial sector responds to revelations of serious misconduct.

 
Australia's Westpac hires complaints head amid damaging inquiry

2018-05-18 channelnewsasia
SYDNEY: No. 2 Australian lender Westpac Banking Corp said on Friday it had been "too slow" to resolve customer complaints and had created an executive role to handle them, as the country's financial sector responds to revelations of serious misconduct.

 
Corporate Australia, stop blaming women

2018-05-18 theage.com.au
Remember when Chairman David Turner and Chief Executive Officer Ian Narev crashed the Commonwealth Bank by allowing a "complacent culture" and a "lack of accountability" to flourish within the company?

 
Corporate Australia, stop blaming women

2018-05-18 smh.com.au
Remember when Chairman David Turner and Chief Executive Officer Ian Narev crashed the Commonwealth Bank by allowing a "complacent culture" and a "lack of accountability" to flourish within the company?

 
Corporate Australia, Stop Blaming Women - Bloomberg

2018-05-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
Hong Kong’s overnight currency defence costs US$1.2 billion

2018-05-17 scmp
The Hong Kong Monetary Authority intervened in the foreign currency market to defend the Hong Kong dollar for a second day this week on Wednesday, bringing its total purchases of the local currency since April to about HK$62.4 billion.

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