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.....
ING Direct chief executive Dick Harryvan says the bank has aspirations to be the biggest financial services group in the world within five to seven years. In the Australian market ING wants to double its market share to about 10 per cent of deposits. ING Direct, which has no branches in Australia holds four per cent of the mortgage market and plans to double that as well to eight per cent. ING is also planning to introduce a transaction account to its savings and mortgage products. Globally ING has about $200 billion in deposits, $100 billion behind the world's biggest bank HSBC. The proposed merger between Westpac and St George is an opportunity, said Mr Harryvan, for ING to pick up disenfranchised customers.
