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
-
MOVES-Deutsche Bank, Cazenove Capital, Queensland Treasury
-
France's AXA, AMP poised to sweeten bid for AXA Asia
-
Commonwealth Bank Of Australia: Headwinds Continue Into New Fiscal Year
-
Commonwealth Bank of Australia Announces 5-Year Deal With IdenTrust
-
Commonwealth Bank Australia Names Ravi Kushan India CEO
-
3rd UPDATE: ANZ To Buy ING JV In Australia, New Zealand For EUR1.1 Billion
-
RECEIVER TO SELL MARINER LEISURE'S TOURIST PARK NEAR BRISBANE
-
CEO OF AUSTRALIA'S COMMONWEALTH BANK SEES PAY RISE TO US$7.9 MLN
-
Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
-
Commonwealth Bank Chairman Schubert To Retire, Turner To Succeed
-
UPDATE: CBA Chairman Schubert To Retire, Turner To Succeed
News & Analysis
Filter by
commonwealth bank of australia and macquarie bank ltd. - All News and Analysis
Price makers look safe in uncertain era.
Byline: Nina Wan Mar 05, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australia's large-capitalisation stocks tended to perform better in the latest financial reporting season than their smaller peers. This is illustrated by the 125 companies that are covered by Citigroup...
Eager buyers do their share.
Byline: Richard Hemming and Gabriella Hold Jan 22, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The S&P/ASX 200 index continued its record run on 22 January 2007, and many stocks also attained records in the session. There were 98 stocks which...
CBA leads in fund inflows.
Byline: Sally Patten Dec 06, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Colonial First State CFS accounted for 29.7 per cent of Australia's retail investment flows in the year to September 2006. CFS, the Commonwealth Bank's investment arm, attracted $A9.3bn of...
Qatar joins the battle for Thames Water.
Byline: Roland Gribben Oct 09, 2006 (The Sydney Morning Herald - ABIX via COMTEX) -- Australian investment bank Macquarie Bank is looking to buy Thames Water in the UK from German utilities group RWE. However, a formidable counter-bidder has emerged in the shape...
Boutique funds outpace the big boys.
Byline: Brendan Swift Sep 26, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Smaller firms are gaining an increasing share of Australian funds under management. Superannuation funds are leading the trend towards using boutique managers in order to enhance fund performance....
Mac split to avoid regulation.
Byline: Robert Clow Jul 20, 2006 (The Australian - ABIX via COMTEX) -- Australian investment bank Macquarie Bank held its stockholders' meeting on 20 July 2006. CEO Allan Moss told those attending that profit for 2006-07 should be up on the previous result...
CBA tails MacBank overseas.
Byline: Stewart Oldfield Jun 08, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Macquarie Bank in Australia has invested in infrastructure assets across the globe. It has been highly successful at packaging infrastructure assets into listed funds and then generating...
CBA upsizes and lists PERLS III.
Byline: Cecile Lefort Apr 18, 2006 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- The Commonwealth Bank of Australia listed its perpetual exchangeable repurchaseable listed shares on 7 April 2006. The deal was increased from a launch size of $A800...
Triple shot in the arm for the economy.
Byline: Josh Gordon Apr 05, 2006 (The Age - ABIX via COMTEX) -- Following its 4 April 2006 board meeting, the Reserve Bank of Australia RBA acted as most analysts...
Big shift to bonds after sell-off.
Byline: Tim Findlay Mar 01, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket continued to fall on 1 March 2006, largely considered a direct result...
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
-
Commonwealth Bank CEO: Bank Business Growth May Slow Next 12 Months
-
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
-
Commonwealth Bank of Australia's profit drops
-
Commonwealth Bank CFO: Mid-Sized Business Feeling The Pinch
-
UPDATE 1-CBA profit beats fcasts but cautious on bad debts
-
Commonwealth Bank of Australia posts lower profit
-
PRESS DIGEST-Australian General News - Aug 12
Industry Transcripts by Seeking Alpha
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Commonwealth Bank of Australia
IndustryTop Rated
- As Income Mobility Falls, American Dream Fades 7 votes
- Creative Destruction and the new Money Trust 6 votes
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- Private Equity Firms About To Gear Up The Small Banking Sector 3 votes
