Tag #Australian Banking

Showing 1 to 4 of 4 results

smh.com.au
🌐 75% Global Worthiness
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NAB CEO Faces Investor Backlash After Executive Exodus

NAB CEO Andrew Irvine faces investor scrutiny following multiple senior executive departures, including the CFO and head of business lending, raising concerns about leadership and potentially impacting the bank's performance amid rising competitive pressure.

Progress

52% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Macquarie Executives' Pay Cut Following ASIC Compliance Action

Macquarie Group's CEO, Shemara Wikramanayake, saw her pay drop to $24 million this year from $25.3 million last year, and other top executives also received smaller profit shares after the Australian Securities and Investments Commission (ASIC) imposed extra license conditions on the bank due to mul...

Progress

32% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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ANZ's New CEO Faces Steep Challenges

ANZ Bank's new CEO, Nuno Matos, starts Monday facing challenges including restoring the bank's reputation after a $250 million regulatory penalty for misconduct, improving underperforming units, and boosting its lagging home loan market share; his success depends on navigating cultural differences a...

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 65% Global Worthiness
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Bankwest Targets Underserved Australians to Boost Home Lending

Bankwest, a Commonwealth Bank subsidiary, is launching a new digital platform and removing bonus caps for home loan bankers to gain market share from digital lenders like Macquarie, targeting underserved Australians and leveraging independent mortgage brokers who write about 80 percent of its loans.

Progress

48% Bias Score

Reduced Inequality

Showing 1 to 4 of 4 results