BankWest, which is owned by the troubled UK banking group HBOS, offers Australia's highest savings rate, a financial research group says.BankWest term deposit rates reached 8.7 per cent in 2008, which until this month was 1.45 per cent above the official cash rate, Cannex research found."BankWest led the way...
Takeover speculation surrounding BankWest and Suncorp Metway Ltd dominated Australia's banking sector, with Commonwealth Bank of Australia Ltd CBA denying it currently had an offer on the table for BankWest.Suncorp's shares were propelled 4.37 per cent, or 42 cents higher, to $10.03 on renewed speculation the bancassurer was being...
Commonwealth Bank of Australia Ltd CBA has begun exclusive negotiations with troubled HBOS Plc to buy its Australian retail banking arm BankWest.The nation's biggest mortgage lender confirmed on Tuesday it was in talks with HBOS, just five days after saying it did not have an offer on the table."Whilst...
By Mette FraendeSYDNEY (Reuters UK) - Commonwealth Bank CBA agreed to buy struggling bank HBOS's HBOS Australian unit BankWest and other assets for a cheap A$2.1 billion (843 million pounds), to boost its market share in fast-growing Western Australia.The cash deal by Australia's second-largest bank by assets comes a day...
SYDNEY AFP — Australia's Commonwealth Bank said Tuesday it had begun exclusive talks to buy BankWest, the local unit of Britain's HBOS, in a deal estimated at about 2.0 billion dollars (1.45 billion US dollars). An HBOS spokesman confirmed the talks, which come against the background of a...
HBOS IS considering selling assets and winding down businesses in the face of continued market turbulence and a sharply slowing economy. Andy Hornby, HBOS's chief executive, said he would consider offers for operations with more loans than deposits to reduce the bank's reliance on wholesale funding with...
Are we in recession? Yes and no. That answer, offered by Wells Fargo economist Michael Swanson, seemed to summarize the bifurcated feelings of many of the people in attendance at the 119th annual Minnesota Bankers Association convention, conducted in Rochester, Minn., June 16-17. "While some are experiencing tough...
[ILLUSTRATION OMITTED] Australian Banking & Finance Magazine's CMO Panel Discussion saw five of the Financial services industry's leading marketing experts participate in a robust and entertaining debate. They included: Mark Buckman, Chief Marketing Officer, Commonwealth Bank; David Morgan, Chief Marketing Officer, HBOSA BankWest; Paul Riley, Head...
The following exchanges took place at Australian Banking & Finance Magazine's first CMO Panel Discussion and drew some laughs from the audience. A question from the floor during the discussion centered on banks persisting with direct mail as one of their marketing techniques: "I get, without fail, at...
Australian Banking & Finance Magazine's first CMO Panel Discussion--sponsored by Google--was a success. More than 100 people attended the event to hear the thoughts of five of the financial services industry's leading marketing experts, including: Mark Buckman, Chief Marketing Officer, Commonwealth Bank; David Morgan, Chief Marketing Officer, HBOSA BankWest; Paul...
MARKET REPORT HBOS recovered from recent lows and claimed first place on the FTSE 100 yesterday after market rumours mooted the possibility of an asset sale. The bank, which is raising 4bn via a rights issue to shore up its...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/b78b4c/australian_credit) has announced the addition of the "Australian Credit Card Customers 2008" report to their offering. Introduction Australian credit card customers 2008 is an invaluable insight into the behaviour and preferences of Australian credit card holders. The...
Ian Corfield, Chief Executive Retail, BankWest, at Australian Banking & Finance Magazine's Retail Financial Services Luncheon on those rumour's the bank's British parent HBOS is looking to sell the business unit: "We are not being sold. There's been rumours ever since we formed HBOS in Australia that we're being sold...
Australian Banking & Finance Magazine hosted a Retail Financial Services Luncheon and Panel Discussion in Melbourne recently. It was proudly sponsored by Experian. Attendees heard a number of speakers from leaders in financial services, including representatives from BankWest, GE Money, NAB, Bank of Queensland, and ANZ. The discussion sparked a...
Australian Banking & Finance Magazine hosted a Retail Financial Services Luncheon in Melbourne in early May, sponsored by Experian. Panel members on hand to discuss a number of issues included Ian Corfield, Chief Executive Retail, BankWest; Mike Cutter, President & Chief Executive Officer, GE Money; Lisa Gray, Chief Operating Officer...
[ILLUSTRATION OMITTED] BankWest is a full service bank based in Perth, Western Australia. It is active in all market segments, and its lending is diversified between the business, rural, housing and personal markets, including the full range of deposit products. In its home state, BankWest is...
In its home state of Western Australia, BankWest is a market leader with about one quarter of all bank advances and deposits. Nearly 660,000 customers are served through an extensive network of branches, agencies and electronic banking facilities, as well as 24-hour telephone and internet banking services. ...
Moody's Investors Service has changed the outlook on Bank of Western Australia Limited's ("BankWest") Aa3 debt and deposit ratings to negative from stable. At the same time the positive outlook on its BFSR of C was changed to stable. The short-term ratings of...
BankWest is moving to increase its brand recognition after announcing it would install its ATMs in more than 100 Flight Centre shops across Australia. BankWest chief executive--retail, Ian Corfield said, "We already have a strong network in Western Australia but we need to significantly grow our east coast network in...
Omniture, Inc. (NASDAQ: OMTR), a leadingprovider of onlinebusiness optimization software , today announced that BankWest Bank of WesternAustralia -- one of Australia's leading banking and financial servicesorganizations -- has selected Omniture SiteCatalyst® to measure visitor response to Web sitepromotions and content. Using Omniture Web...
Articles 2008-03-17
<< Previous
page 1 of 1
Next >>
Premier Vendor Content
Whitepapers, webcasts & resources from our Power Center Sponsors
With AT&T Tech Support 360, you'll have certified, U.S. based technicians on call 24/7 to help keep your computers, connections, software and peripherals up to speed for just 82¢ a day.
