BNET Industries
Last Fiscal Year Sales:$1.3B
- Public
- AU
Dow Jones Description
International Banking
Chief Executive Officer & Managing Director
Ralph J. NorrisNumber of Employees 38,000
Peer Companies
NAICS Code International Trade Financing: 522293
Recent Events
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France's AXA, AMP poised to sweeten bid for AXA Asia
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Commonwealth Bank Of Australia: Headwinds Continue Into New Fiscal Year
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Commonwealth Bank of Australia Announces 5-Year Deal With IdenTrust
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Commonwealth Bank Australia Names Ravi Kushan India CEO
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3rd UPDATE: ANZ To Buy ING JV In Australia, New Zealand For EUR1.1 Billion
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RECEIVER TO SELL MARINER LEISURE'S TOURIST PARK NEAR BRISBANE
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CEO OF AUSTRALIA'S COMMONWEALTH BANK SEES PAY RISE TO US$7.9 MLN
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COMMONWEALTH BANK OF AUSTRALIA LAUNCHES NON-GUARANTEED 4-YR BONDS
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Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
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Commonwealth Bank Chairman Schubert To Retire, Turner To Succeed
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UPDATE: CBA Chairman Schubert To Retire, Turner To Succeed
News & Analysis
Filter by
anz banking group and commonwealth bank of australia - All News and Analysis
ANZ still struggling in retail: report.
- 2003-08-10
Aug 10, 2003 (The Australian Financial Review - ABIX via COMTEX) The ANZ Banking Group has been unable to improve its retail franchise, says a report. The "Retail Customer Franchise Review" of the Australian banking industry, by the equities research company Aegis, says...
Investment up, but most still borrow for a roof over their head.
- 2003-05-19
May 18, 2003 (The Courier-Mail - ABIX via COMTEX) New Australian Bureau of Statistics figures show that owner-occupiers still make up a majority of Australian mortgage applications. This is despite the fact that investor housing loans rose 15.8 per cent to a record high...
It's money in the bank, so far.
- 2003-05-17
May 16, 2003 (The Australian Financial Review - ABIX via COMTEX) Concern about the slowing global economy led to a major sell off of Australian banking stocks in early 2003. However, the banks appear to have weathered the global downturn relatively well, with many delivering...
Banks do their bit for bushfire victims.
- 2003-02-02
Feb 02, 2003 (The Age - ABIX via COMTEX) Australia's major banks have announced assistance packages for customers affected by bushfires. ANZ Banking Group, Commonwealth Bank of Australia, National Australia Bank, St George Bank and Westpac Banking released details of packages including $A10,000 grants,...
ANZ joins forestry fray.
- 2002-12-15
Dec 15, 2002 (The Mercury - ABIX via COMTEX) The ANZ Banking Group held its annual meeting on 13 December 2002. The bank's chairman, Charles Goode, discussed the company's attitude to environmental issues. This followed questioning about ANZ's exposure to forestry and logging group,...
ANZ slumps as St George fires.
- 2002-12-14
Dec 13, 2002 (The Australian Financial Review - ABIX via COMTEX) Shares in Australia's ANZ Banking Group were sold down on 13 December 2002. This followed a warning to shareholders by chairman, Charles Goode, that it would be hard to meet its 2003 profit targets....
McFarlane to study executive role in ANZ system fiasco.
- 2002-12-02
Dec 01, 2002 (The Australian Financial Review - ABIX via COMTEX) Australia's ANZ Banking Group will examine its IT systems closely after a severe software failure. The bank's CEO, John McFarlane, is expected to focus his attention on the problem. An error-ridden software upgrade...
ANZ result has investors crowing.
- 2002-10-24
Oct 24, 2002 (The Age - ABIX via COMTEX) The ANZ Banking Group has recorded a 16 rise in net profit for 2001-02. Its earnings per share rate increased by 17 over the same period. Its mortgage and institutional banking arms were its most ...
Vengeful markets target banks.
- 2002-07-24
Jul 24, 2002 The Australian ABIX via COMTEX -- The value of Australian stocks fell by its greatest single-day amount since 11 September 2001 on 24 July 2002. An estimated total of $A15bn in value was lost in the day's trade. The Australian Stock...
Ratings agency nod for Westpac.
- 2002-04-25
Apr 25, 2002 (The Courier-Mail ABIX via COMTEX) -- Credit rating agency Fitch has given its seal of approval to Westpac Banking's $A323m takeover of Rothschild Australia Asset Management. Fitch says the acquisition will not hurt Westpac's balance sheet and will improve Westpac's ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ralph J. Norris | Chief Executive Officer & Managing Director |
| Michael Harte | Group Executive, Enterprise IT & Chief Information Officer |
| Barbara Chapman | Group Executive, Human Resources and Group Services |
| David Craig | Group Executive, Financial and Risk Management |
| Gary Mackrell | Group Executive, International Financial Services |
| Grahame Petersen | Group Executive, Wealth Management |
| John O'Sullivan | General Counsel |
| Stuart Grimshaw | Group Executive, Premium Business Services |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John M. Schubert | Chairman |
| Colin R. Galbraith | Board of Directors |
| David J. Turner | Board of Directors |
| Fergus D. Ryan | Board of Directors |
| Harrison Young | Board of Directors |
| Jane Hemstritch | Board of Directors |
| John Anderson | Board of Directors |
| Reg J. Clairs | Board of Directors |
| S. Carolyn Kay | Board of Directors |
Mr. Norris joined the Commonwealth Bank as Managing Director and Chief Executive Officer on 23 September 2005. He started his working career with Mobil Oil New Zealand in 1967, before joining the Auckland Savings Bank (ASB) in 1969, which subsequently became a subsidiary of the Commonwealth Bank of Australia. He was appointed Managing Director and Chief Executive Officer of ASB Bank in 1991, retiring from that position in September 2001. He joined Air New Zealand Limited as Managing Director and Chief Executive Officer in February 2002, having served on the company’s Board of Directors for three years. Mr Norris left Air New Zealand to take up his appointment as CEO at the Commonwealth Bank. During his tenure as Chief Executive Officer of ASB, it expanded nationally, grew its profitability six-fold and increased market share by 60 per cent whilst being consistently rated the best financial services provider in New Zealand. Mr Norris was credited with leading a turnaround at Air New Zealand by returning the company to profitability and introducing a more customer-focussed culture, for which he was honoured with New Zealand’s Executive of the Year Award in 2004. He was previously New Zealand’s Executive of the Year in his role at ASB Bank. Mr Norris was awarded a Distinguished Companion of the New Zealand Order of Merit for services to business in 2006. He is a Fellow of the New Zealand Institute of Management and the New Zealand Computer Society. He is Chair of the Commonwealth Bank Foundation and a member of the NSW Premier’s Business Roundtable. He is former Chairman of the New Zealand Bankers’ Association and Business Roundtable. He was a member of the New Zealand Prime Minister’s Enterprise Council and Y2K Taskforce. Mr Norris was born in Auckland and educated at Lynfield College and is married with three adult children and three grandchildren.
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Chief Executive Officer & Managing Director | Current |
| The New Zealand Institute | Fellow, Institute of Management | Current |
| Commonwealth Bank of Australia | Board of Directors | Current |
| Asb, LLC | Chief Executive Officer | Former |
| Air New Zealand, Ltd. | Managing Director & Chief Executive Officer | Former |
| Air New Zealand, Ltd. | Board of Directors | Former |
| Fletcher Building Limited | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Enterprise IT & Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Human Resources and Group Services | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Financial and Risk Management | Current |
| Commonwealth Bank of Australia | CFO | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, International Financial Services | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Wealth Management | Current |
| Commonwealth Bank of Australia | Group Executive, Strategic Development | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | General Counsel | Current |
| Commonwealth Bank of Australia | Group Executive, Legal Services | Current |
| Corporation Bank | Former | |
| Colonial Group Inc. | Former | |
| Colortone Audio-Visual Staging | Former | |
| St. George Bank Limited | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Premium Business Services | Current |
| National Australia Bank Limited | Chief Executive Officer | Former |
| Commonwealth Bank of Australia | Group Executive, Wealth Management | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Chairman | Current |
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
Executive News
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Commonwealth Bank Eyes Asia Acquisitions - CEO
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Commonwealth Bank CEO: Bank Business Growth May Slow Next 12 Months
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Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
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Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
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COMMONWEALTH BANK OF AUSTRALIA TO TWEAK RATES AS NECESSARY: CEO
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Commonwealth Bank of Australia's profit drops
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Commonwealth Bank CFO: Mid-Sized Business Feeling The Pinch
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UPDATE 1-CBA profit beats fcasts but cautious on bad debts
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Commonwealth Bank of Australia posts lower profit
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PRESS DIGEST-Australian General News - Aug 12
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Glass Door
Commonwealth Bank of Australia
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