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Showing 121 - 130 of 136 results for "National Bank"

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 ...

ANZ responds to NZ poor management report

... poor management culture with a poor reputation for looking after its customers. ANZ, which is attempting to buy the National Bank of New Zealand, came under fire in a report in New Zealand's National Business Review. An unnamed Auckland commercial lawyer ...

NAB on track for cash EPS forecast

WITH AAP  |  TUESDAY, 2 SEP 2003
National Australia Bank Ltd (NAB) chief executive Frank Cicutto said today that the bank is on track to deliver its earnings per share forecast for the current financial year. "We are still on track to deliver full-year cash earnings per share growth ...

Westpac submits application to New Zealand Commerce Commission

... announced today that it had submitted an application to the New Zealand Commerce Commission regarding the sale of the National Bank of New Zealand by Lloyds TSB Group PLC. Westpac is one of several entities involved in the sales process established by ...

Westpac expected to bid for NBNZ

Westpac Banking Corp Ltd is expected to reveal today it is in the running for the $5 billion auction of the National Bank of New Zealand (NBNZ). Last week, ANZ Banking Group Ltd today signalled it was a likely bidder for the bank, and the Commonwealth ...

ANZ tells NZ regulator acquisition will not affect competition

ANZ Banking Group Ltd, which is in the running to buy the National Bank of New Zealand, told the New Zealand regulator that its proposed acquisition would not affect competition. In its submission to the New Zealand Commerce Commission, ANZ said that ...

Australian banks jostle for pole position in NBNZ race

Despite two major Australian banks falling behind in the race to buy the National Bank of New Zealand (NBNZ), all New Zealand's five major banks may soon be in Australian hands. The field is narrowing in the race NBNZ with the Commonwealth Bank of Australia ...

Home loans sector driving major bank profits: PwC

... earnings, the major banks' foray into the wealth management sector has been fraught with difficulty thus far. The National Bank of Australia announced a $205 million writedown in its wealth management business on May 14.