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Superannuation

Citibank to move Brisbane call centre operations to Manila

AAP  |  FRIDAY, 30 JUL 2004
Citibank Australia on Thursday said it planned to relocate its Brisbane-based call centre operations to the bank\'s regional call centre in Manila in the Philippines over the next five months.

WAN shareholders unlikely to support any merger with Fairfax

AAP  |  THURSDAY, 29 JUL 2004
West Australian Newspaper Holdings shareholders would be unlikely to support any merger with John Fairfax Holdings given that the economics of a merger at current prices would be difficult to justify, Credit Suisse First Boston analyst Finola Burke said.

Bendigo's Community Bank passes $5 bln total business milestone

AAP  |  THURSDAY, 29 JUL 2004
Bendigo Bank's Community Bank network passed the $5 billion mark in total business this week.

HBOS CEO damps hopes of UK bid for Abbey

AAP  |  THURSDAY, 29 JUL 2004
HBOS chief executive James Crosby dampened hopes of a UK bid for Abbey National on Wednesday as he forecast strong HBOS performance in 2004 and 2005 after a rise in first-half profits.

GPT rejected enhanced offer - Lend Lease

AAP  |  WEDNESDAY, 28 JUL 2004
Lend Lease Corp last night revealed General Property Trust (GPT) knocked back a sweetened offer when it today rejected a $10 billion merger proposal.

Plan for world's biggest bank hits obstacle

AAP  |  WEDNESDAY, 28 JUL 2004
The planned merger between two of Japan\'s megabanks to create the world\'s biggest bank ran into a major obstacle on Tuesday when a Tokyo court demanded the merger talks be scrapped.

Macquarie Bank announces new funding vehicle for subsidiaries

AAP  |  TUESDAY, 27 JUL 2004
Macquarie Bank today announced the formation of a new funding vehicle for Macquarie subsidiaries to be known as Macquarie International Finance Ltd (MIFL).

Centro Properties, Prime Retail Group plan merger

AAP  |  TUESDAY, 27 JUL 2004
Centro Properties Group and Prime Retail Group today announced a proposal to merge, creating the fifth largest property trust in Australia.

FSU says CBA intimidating staff

AAP  |  MONDAY, 26 JUL 2004
The Financial Services Union (FSU) said today the Commonwealth Bank of Australia is intimidating staff who refuse to process customers in timed transactions.

NAB's former UK target Abbey National faces new takeover

AAP  |  MONDAY, 26 JUL 2004
United Kingdom bank Abbey National, once a takeover target for the National Australia Bank, could be swallowed up by the world\'s biggest bank Citigroup.