Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 133 results for "National Bank"

Afternoon market wrap: Shares continue to lose ground

WITH AAP  |  FRIDAY, 24 OCT 2003
... market closed in the red, with interest focused on news that ANZ Banking Group had reached agreement to acquire the National Bank of New Zealand (NBNZ). The benchmark S&P/ASX 200 index closed down 10.1 points at 3256.2 while the all ordinaries lost eight ...

ANZ appoints Bob Edgar as chief operating officer

... me to devote greater attention to the success of our businesses in New Zealand, following our acquisition of the National Bank of New Zealand, and to the longer term transformation of the group." The Bank added that a global search is underway to find ...

ANZ buys NBNZ for $4.915 billion

AAP  |  FRIDAY, 24 OCT 2003
ANZ Banking Group Ltd is set to become one of the leading banks in New Zealand after agreeing to acquire the National Bank of New Zealand (NBNZ) from London's Lloyds TSB for $A4.915 billion. The purchase price is below the $6.5 billion Lloyds was believed ...

ANZ poised to buy Lloyds NZ unit

... pounds ($3.96 billion), a source close to the situation said on Thursday. ANZ is hoping to announce the purchase of National Bank of New Zealand (NBNZ) when it posts annual earnings on today (Friday), but the deal is not yet agreed and still hinges on ...

Morning Market Wrap: Rise expected after mixed night on Wall Street

... the local market today, ANZ will release its annual results amid speculation that it may announce the purchase of National Bank of New Zealand. The Australian dollar opened weaker today after a failed attempt to reach $US0.7100, in line with the movement ...

Lloyds TSB announces new strategy today

AAP  |  MONDAY, 6 OCT 2003
Britain's Lloyds TSB is expected to give an update on the $6 billion sale of its National Bank of New Zealand when it announces a new strategy to United Kingdom investors tonight, the Australian Financial Review reported. Australia's ANZ Banking Group ...

ANZ Bank gets thumbs down from NZ customers again

Australia's ANZ Bank, which has expressed interest in buying the National Bank of New Zealand from its British parent Lloyds TSB, has been given the thumbs down by its customers for the fourth successive year, it was reported today. The Consumers' Institute ...

New Zealand growth slows in second quarter, figures reveal

AAP  |  FRIDAY, 26 SEP 2003
... per cent, down from 4.4 in the same period last year. The second-quarter slowdown was "just a bump the road," said National Bank Chief Economist John McDermott. He expects third-quarter GDP to grow 0.8 per cent from the second quarter after electricity ...

ANZ still has some hurdles to jump in NBNZ aquisition

AAP  |  FRIDAY, 26 SEP 2003
The New Zealand regulator may have cleared the way for ANZ Banking Group Ltd to acquire the National Bank of New Zealand (NBNZ) but there are still a few hurdles left for the Australian bank to jump. ANZ is the only bank ready to buy NBNZ from Lloyds ...

Westpac withdraws from Bank of New Zealand sales process

Westpac Bank has today announced that it will not be proceeding with the National Bank of New Zealand sales process. The decision was made not to proceed further as Westpac considers it would be diverting from its core organic growth strategy at this ...