Murray grows with his bank
Article Abstract:
Commonwealth Bank of Australia reports a 24% increase in non-interest income in the year ended Jun 30, 1998, in spite of a large increase in allowance for bad debts. David Murray has fulfilled his promise to diversify the bank's financial services in his six years as head of the bank. However, his plans to become spread to Asian countries must await economic recovery.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
David Murray: commonwealth bank
Article Abstract:
Australian banking, insurance and wealth management sectors have a strong long-term continuing growth in the highly competitive market. However, it is reported that in the short term the industry could face shrinking margins and the likelihood of slowing credit growth in 2004.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Time to clean house: The NAB board is out of touch with its business, and it needs new talent and sharper ideas
Article Abstract:
The lack of accountability pervading the National Australia Bank (NAB) is examined. It is suggested that it lacks the capability to understand the business and requires new set of values and standards of behavior within the company.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Just what the doctor ordered: The role of information sensitivity and trust in reducing medical information privacy concern
- Abstracts: Introduction to the special issue on innovative data sources for empirically building and validating theories in operations management
- Abstracts: Virgin's blue. O brother, where art thou? Investors are baling out of the film and television industry, and the producers are running into trouble
- Abstracts: Understanding the contesting ideologies of family business: challenge for leadership and professional services
- Abstracts: Resist temptation. Time for a closer look. Be prudent and assume the market is still in uptrend. Market plays its tricks