Bank of Queensland’s chief executive Patrick Allaway couldn’t really explain much when he fronted analysts on Friday before abruptly ending the call when he was asked if the financial crimes regulator is investigating the bank.
The disclosure was so scant that it led Citi analyst Brendan Sproules to promptly issue a note titled: “Why so shy? Many questions, little to say” in the aftermath of the discussion.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
