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 is currently awaiting the outcome of its application for a banking license to operate in China. The bank applied for a license in May and hopes to open branches in mainland China to cater for institutional banking customers. Westpac and ANZ have already been approved for operations in China. In 2005, CBA paid $100 million to acquire a 19.9 per cent stake in Hangzhou Bank. The same year, CBA also purchased Macquarie Securitisation Shanghai, now CommFinance. CBA also holds 11 per cent of Jinan City Commercial Bank, which it picked up for $24 million in 2004.
