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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MOVES-Deutsche Bank, Cazenove Capital, Queensland Treasury
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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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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
commonwealth bank of australia and global asset management - All News and Analysis
Rabobank offers direct access to investments.
- 2007-05-29
May 29, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Rabobank in Australia has launched its new Raboplus online fund management investment service. It allows small retail investors direct access to entities such as Perpetual Investments, UBS Global Asset Management or AMP Capital Investors,...
Going solo pays off for footloose talent.
- 2007-05-22
Byline: Brendan Swift May 22, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The fund management sector in Australia is awash with cash. Trusted and valued financial analysts are leaving the big fund managers and setting up their own boutiques. These boutiques...
Colonial pipes in GasNet.
- 2006-08-29
Byline: Glenn Freeman Aug 29, 2006 (Money Management - ABIX via COMTEX) -- Colonial First State Global Asset Management will offer $A418 million for all of the stapled securities in GasNet Australia. The board of directors of GasNet, a Victoria-based gas pipeline transmission...
Colonial's $850m fund in jeopardy.
- 2006-05-18
Byline: Ben Wilmot May 18, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Colonial First State Global Asset Management's human capital troubles may have cost it an important mandate. Australian public service superannuation scheme CSS/PSS, the holder of a 76 interest...
Executive exodus continues at Colonial.
- 2006-02-15
Byline: Robert Harley and Kathryn House Feb 15, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Colonial First State Global Asset Management continues to grow, despite the flow of ...
Colonial resigns 452 Capital for five years.
- 2005-06-05
Jun 05, 2005 (Investor Weekly - ABIX via COMTEX) Colonial First State Global Asset Management CFS GAM in Australia has negotiated an agreement with 452 Capital. The five-year exclusive distribution deal comes after the Colonial Mutual Life Assurance Society took a 30 per cent...
Masterkey gets matey with boutiques.
- 2003-09-17
Sep 17, 2003 (Investor Weekly - ABIX via COMTEX) MLC will launch its revised MasterKey offering on 1 October 2003. Fund managers with prominent brands do not feature heavily in the Australian financial services group's new single manager menu. The exceptions are Vanguard, Perpetual...
Managed funds regain ground.
- 2003-08-07
Aug 07, 2003 (The Sydney Morning Herald - ABIX via COMTEX) A total of $A1.6bn flowed back into Australian managed funds in the three months to 30 June 2003. According to research released on 7 August by ASSIRT, smaller players such as UBS Global Asset...
The cream of the crop.
- 2002-12-31
Dec 30, 2002 (Personal Investor - ABIX via COMTEX) While Australian managed funds have underperformed of late, a survey of the top 100 unearths some gems. There are some high-quality managed funds with strong, consistent track records. One-third of the top 100 funds had...
- 1
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
-
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
-
Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
-
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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Commonwealth Bank of Australia
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