Westpac CEO Gail Kelly is believed to be concerned that St George customers may move to Bendigo or ANZ as the merger takes hold. Just one St George executive ha.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Commonwealth Bank entered exclusive negotiations with ABN Amro's owners The Royal Bank of Scotland yesterday to buy the Australian arm of the Dutch bank. Analysts said Commonwealth would add the broking and wealth management capabilities of ABN Amro to Commonwealth's online share trading platform CommSec. NAB announced yesterday that it would not proceed with an offer for ABN Amro, which claims to be Australia's largest full service retail stockbroker and wealth manager, with more than 300,000 clients and 763 staff in 52 offices nationwide. ABN Amro's local business generated a 52 per cent jump in fiscal 2007 net profit to $131.4 million. Japan-based Nomura Group has also been speculated as a contender for ABN Amro's local business.
