Bank Of Queensland

• Ian Rogers

Retail banking profits at Bank of Queensland crashed over the year to August 2024, down to $88 million in cash earnings from $203 million in FY2023. read more

• Ian Rogers

AFCA has found in favour of a Bank of Queensland borrower in a protracted dispute centred on the bank’s responsible lending obligations. read more

• Ian Rogers

Bank of Queensland will take control of owner-manager branches and turn them into corporate branches. And then close many of them. read more

• Bernard Kellerman

Westpac has reversed long term customer churn among larger sized businesses. read more

• Ian Rogers

A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more

• John Kavanagh

Deposits are 'key differentiators of profitability' and banks’ ability to manage their deposit mix will be important to their earnings when rates start to fall. read more

• Ian Rogers

The application of Moody’s revised Advanced Loss Given Failure analysis to certain Australian banks yesterday has led to a shake-up of credit ratings for four banks, including two downgrades for regio.. read more

• Banking Day staff

Bank of Queensland is selling its NZ$238 million New Zealand commercial loan and lease portfolio to UDC Finance Ltd, in a deal that will result in a loss of A$17 million to $20 million. read more

• Ian Rogers

There have been exploratory conversations between Bendigo and Adelaide Bank and Bank of Queensland, Bendigo told the Australian Competition Tribunal – but they won’t lead anywhere. read more

• George Lekakis

Bank of Queensland chairman Warwick Negus yesterday apologised to shareholders for manifold risk management failures at the company but rejected calls from shareholders for the board to ditch PwC as i.. read more

• Ian Rogers

A goodwill impairment, remedial and restructuring costs have smashed the full year profit of Bank of Queensland. read more

• George Lekakis

While Bank of Queensland has made no secret of its plans to integrate the back-end systems of its stable of customer-facing brands, new details have emerged this week about the overhaul of the ME Bank.. read more

• Ian Rogers

Bank of Queensland has announced a $79 million hit to its full-year profit. read more

• Ian Rogers

Patrick Allaway will continue as managing director of Bank of Queensland on a permanent basis. read more

• Banking Day staff

Bank of Queensland yesterday released its Pillar 3 report for the three months to May, revealing a big jump in home loan arrears. The value of non-performing residential mortgages rose from A$520 mill.. read more

• Banking Day staff

Westpac non-executive director Michael Hawker has stepped down from the bank’s board. read more

• Banking Day staff

Karen O’Flynn, partner and executive chair of law firm Clayton Utz, is moving to Commonwealth Bank to take up the role of group general counsel and group executive legal and group secretariat. read more

• Ian Rogers

Kept under wraps for the best part of a year, the ugly findings of an APRA prudential review into Bank of Queensland are now out in the open. read more

• John Kavanagh

The change of leadership at Bank of Queensland has done nothing to improve investor sentiment towards the bank, whose share price continues to languish. read more

• John Kavanagh

Bank of Queensland reported higher arrears in its mortgage, commercial and asset finance portfolios in the six months to February – particularly in the asset finance business. read more