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

Search Results

Showing 51 - 60 of 105 results for "BankWest"

ME to gain market share

MICHAEL HOBBS  |  THURSDAY, 16 OCT 2008
... alternate competitor and we think that is Members Equity," he said. He said he would be surprised if Western Australian based BankWest customers, who may have chosen to specifically not bank with the Commonwealth Bank, did not provide an opportunity ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 8 OCT 2008
... following the bank's announcement this morning of its agreement to purchase two local arms of UK bank HBOS, retail banker BankWest and wealth manager St Andrew's, for $2.1 billion. CBA last traded at $45.15. ANZ Banking Group dropped $1, or 5.51 per ...

Suncorp ripe for the picking

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
... change the business model dramatically it makes the acquisition so much harder." Commonwealth Bank announced it had bought BankWest and St Andrew's Australia for $2.1 billion but it is determined the carry a substantial surplus capital and noted it is ...

CBA buys BankWest and St Andrews

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
The Commonwealth Bank of Australia has purchased BankWest and St Andrew's Australia for $2.1 billion. Commonwealth Bank is determined to keep its strong capital position and intends to fund the purchase price by undertaking a $2 billion accelerated ...

Market Wrap - Midday

AAP  |  TUESDAY, 7 OCT 2008
... adviser Stuart Smith said. Commonwealth Bank of Australia Ltd says it has begun exclusive negotiations with HBOS plc to buy BankWest. "Whilst discussions are continuing, the parties have not reached agreement," CBA said in a statement today. Its shares ...

CBA in talks to buy BankWest

MICHAEL HOBBS  |  TUESDAY, 7 OCT 2008
The Commonwealth Bank is negotiating with HBOS plc to purchase BankWest. In a statement from the Australian Securities Exchange (ASX), Commonwealth Bank said both parties are yet to reach an agreement. This news follows UK bank, Lloyds TSB, buying HBOS ...

Market Wrap - Midday

AAP  |  THURSDAY, 2 OCT 2008
... means there wasn't a lot of confidence." Reports circulated today that Commonwealth Bank of Australia had made a bid for BankWest, the local arm of troubled British bank, HBOS. CBA denied these reports before market opening. Its stock picked up 17 cents ...

GESB announces key hires

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
... business including its financial planning division. Hedley previously worked at HBOS as head of strategy and ventures for BankWest retail before joining GESB. Prior to that role he worked across consulting and corporate finance positions at a number ...

Allianz provides BankWest insurance

MICHAEL HOBBS  |  WEDNESDAY, 24 SEP 2008
BankWest and Allianz Finance signed a referral relationship whereby the West Australian banking group refers all new debtor finance customers to Allianz Finance. The deal means besides new debtor customers, existing debtor finance clients will been ...

HBOS Australia gives Lloyds thumbs up

RUTH LIEW  |  FRIDAY, 19 SEP 2008
... David Willis said "Lloyds TSB's credit rating and capital strength will enhance the position of HBOS Australia, including BankWest". BankWest is currently a stand-alone entity, fully regulated by the Australian Prudential Regulatory Authority (APRA). ...