Ralph Norris to Retire from CommBank – Commonwealth Bank of Australia announced today the appointment of a new chief executive, Ian Narev, who heads its business and private banking unit. The incumbent chief executive Ralph Norris will retire at the end of November, Australia’s biggest bank by market value said in a statement. Mr Narev, [...]
Tags: Commonwealth Bank, Ralph Norris
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CBA Expecting Two Rate Rises – CBA chief Ralph Norris expects two rate rises from the Reserve Bank of Australia just this year. “The trajectory of the budget is very much in the right direction,” he said. CBA rounded out the major-bank profit reporting season with a March-quarter trading update, after last week’s interim profit [...]
Tags: Commonwealth Bank, interest rates rise
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Commonwealth Bank Fixes Glitch – The Commonwealth Bank believes it has now fixed a computer glitch which stopped some business and retail customers accessing account information on Tuesday morning. Up to five per cent of accounts at the bank, which services about 11 million Australians, were affected by the “late running file”, which failed to [...]
Tags: 15 Minutes, Account Balances, Account Details, australians, Business Customers, Commonwealth Bank, Computer Glitch, Midday, Money, Retail Customers, Tuesday Morning
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Bank Chiefs Will Face Inquiry – They will answer parliamentary critics that the Australian banking market is in desperate need of increased competition, The Australian reports. Commonwealth Bank’s Ralph Norris and National Australia Bank’s Cameron Clyne confirmed yesterday that they would appear before the committee when it meets from December 13 to 15. They will [...]
Tags: Australian Operations, Bank Bosses, Bank Chiefs, Bank Lenders, Banking Products, Cameron, Ceos, Chief Executive, Chief Executives, Commonwealth Bank, Desperate Need, Gail Kelly, Independent Senator, Mike Smith, National Australia Bank, Nick Xenophon, Ralph Norris, Regional Banks, Westpac, Xenophon
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ANZ Increases Rates On Fixed Rate Home Loans – ANZ has lifted its interest rate on one, two, four and five-year fixed home loans by up to nine basis points, according to financial comparison website RateCity. ANZ raised the interest rate on one and two-year fixed home loans by four basis points to 7.03 per [...]
Tags: Bank Of Australia, Basis Points, Building Societies, Cba, Commonwealth Bank, Comparison Website, Controversial Decision, Credit Unions, Fixed Rate Home Loans, Home Loan Rate, Home Loan Rates, Laiki Bank, National Australia Bank, Political Heat, Rate Home Loans, Reserve Bank Of Australia, Reserve Bank Of Australia Rba, Svr, Westpac, Year Fixed Mortgage
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