Suncorp Bank integration on track as ANZ tipped for $7bn profit
ANZ says it hasn’t come across any surprises since acquiring Suncorp’s banking unit for $4.9bn, despite disclosing a $196m charge impacting its second-half earnings result.
Joyce Moullakis
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Sucasa in low-deposit mortgage push
Daniel Petre-backed start-up Sucasa reckons Australia’s mortgage market is typified by a ‘one size fits all’ approach that is letting down younger and would-be borrowers.
ASX readies response to landmark ASIC court action
The ASX is due to lodge a response with the Federal Court in under three weeks to damning allegations that it misled investors, amid little sign that settlement deliberations are underway.
Stalemate: How the ASX’s CHESS strategy came unstuck
A huge spike in trading volumes on the ASX on a Friday in the early days of the Covid pandemic set alarm bells ringing at the market operator, whose CHESS system was clearly struggling to cope.
NAB boss urges ‘massive cultural shift’, tells staff to step up
CEO Andrew Irvine has set a bold target for it to become the ‘most customer-centric company’ in Australia and New Zealand, as he lamented that improved momentum had not led to better customer advocacy.
ISS report puts ASX on alert for pay strike
Influential group Institutional Shareholder Services has broken ranks with its peers and urged investors to vote against the ASX’s remuneration report, citing a number of issues.
ANZ plays the long game in Asia on returns, customer relationships
Can ANZ pull off its Asia growth story? The institutional banking unit is giving it a shot and does house a number of big-name customers, including Toyota.
New Westpac chief’s laundry list is fraught with risk
There’s a long list of items for the incoming Westpac CEO to address such as locking down an executive team and ensuring the bank’s risky technology overhaul is well executed.
Regal ‘considering its rights’ after Korean indictment
The Korean Prosecutor’s Office has indicted Regal Funds Management and former employee Deepan Pavendranathan, alleging breaches of securities legislation.
‘Clear pathway’ to lift Bank of Queensland’s returns
CEO Patrick Allaway says there is ‘clear pathway’ to improved returns as he shrugged off concerns about buying back the bank’s franchised branches and delivered a better-than-expected annual profit.
Original URL: https://www.theaustralian.com.au/author/joyce-moullakis/page/3