QBE chief Pat Regan departs after investigation

This post was originally published on this siteQBE Group chief executive Pat Regan will leave the insurer after an external investigation into workplace communications that the board said did not

Read More

Westpac scraps first-half dividend due to uncertain outlook

This post was originally published on this siteWestpac has axed its first-half dividend due to the uncertain economic environment, as the coronavirus pandemic crunches profit margins and prompts

Read More

CBA profit falls 11% to $7.3b as COVID-19 bites

This post was originally published on this siteThe Commonwealth Bank has posted a 11 per cent drop in full-year profit and will pay a final dividend of 98c a share, as the banking giant’s

Read More

Macquarie profit ‘slightly down’ in first quarter

This post was originally published on this siteMacquarie Group says the outlook remains highly uncertain, with profits dipping slightly in the first quarter as its businesses face challenges from

Read More

CBA punts $28 million into Square Peg and Zetta Ventures Partners

This post was originally published on this siteCommonwealth Bank is teaming up with venture capitalists including Seek co-founder Paul Bassat, as the banking giant punts on startups, targeting

Read More

Suncorp boss exerts authority with senior executive shake-up

This post was originally published on this siteSuncorp Group chief executive Steve Johnston is moving to put his stamp on the financial conglomerate, unveiling a restructure that will result in

Read More

NAB taps tech-savvy banker from Canada to run its largest division

This post was originally published on this siteNational Australia Bank has picked a new head for its flagship business bank, hiring Andrew Irvine from Canada’s Bank of Montreal, as chief

Read More

Westpac vows to lift game after ‘serious failure’ in AUSTRAC scandal

This post was originally published on this siteWestpac chairman John McFarlane has vowed the bank will lift its game on risk management after two major investigations blamed technology failures,

Read More

ANZ ‘hopeful’ COVID loan deferrals not as dire as feared

This post was originally published on this siteANZ Bank chief executive Shayne Elliott says half the borrowers who deferred mortgage payments under an emergency relief scheme have not suffered a

Read More

ANZ ‘hopeful’ COVID loan deferrals not as dire as feared

This post was originally published on this siteANZ Bank chief executive Shayne Elliott says half the borrowers who deferred mortgage payments under an emergency relief scheme have not suffered a

Read More