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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Australia CBA adds 16 staff to equities team
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Commonwealth Bank Australia Beefs Up Institutional Equities
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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: Bad Debts Peaked
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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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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
News & Analysis
Filter by
commonwealth bank of australia and ubs ag - All News and Analysis
CBA shuffles execs to keep customers satisfied.
Byline: Richard Gluyas May 29, 2007 (The Australian - ABIX via COMTEX) -- Management changes at the Commonwealth Bank of Australia CBA have been attributed to a desire to improve its customer satisfaction levels. UBS notes that there has been high turnover in the...
Going solo pays off for footloose talent.
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...
More good times for top lenders.
Byline: Eric Johnston May 15, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Financial sector analysts say Australia's banks may have passed their growth peak but huge profits are still ahead. According to KPMG, the top five banks made $A9.2bn in combined...
Branches not paying off for CBA.
Byline: Eric Johnston Feb 15, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Analysts have upgraded their earnings forecasts for the Commonwealth Bank of Australia. This follows the banksA' 2006-07 first-half profit of $A2.27bn, announced on 15 February 2007. They estimate that...
Japanese move on cards for Packer.
Byline: Turi Condon Dec 06, 2006 (The Australian - ABIX via COMTEX) -- Challenger Financial Services will partner Japanese property management firm Kenedix to launch a new property trust. The Australian company aims to source capital for the residential and office property entity...
Colonial eyes the world.
Byline: Christine St Anne Jun 05, 2006 (Investor Weekly - ABIX via COMTEX) -- Colonial First State Global Asset Management has $A25 billion in funds under management in emerging markets. According to its CEO, Warwick Negus, this is more than it has at...
CBA to launch PERLS III.
Feb 20, 2006 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- There is speculation that the Commonwealth Bank of Australia is considering a new retail- ...
Which bank fears bid for trust?
Byline: Paddy Manning Nov 24, 2005 (The Australian - ABIX via COMTEX) -- The Commonwealth Bank of Australia CBA is preparing for possible bids for its property assets. CBA's...
Warm glow of record prices will linger.
Jul 17, 2005 (The Australian Financial Review - ABIX via COMTEX) Analysts believe that Australian commodity prices are likely to decline in fiscal 2006, which will affect terms of trade. High commodity prices have helped boost terms of trade to record highs over the past...
Deutsche, Wilson broking partnership.
Jul 14, 2005 (The Australian Financial Review - ABIX via COMTEX) There may be further consolidation of the Australian broking industry. It is thought that Deutsche Bank is discussing taking an equity stake in Wilson HTM, one of the largest independent firms. The strong...
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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