Commonwealth Bank of Australia said it had held talks with Suncorp-Metway, the Australian group that has put the country’s sixth-largest bank on the auction block, after announcing it would pay just ...
Frank Haly, chairman of Metway Bank during its merger with Suncorp, is retiring from the board of Suncorp Metway, whose shares have increased three-fold in the five years since the combination. The ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Suncorp-Metway became the third large Australian financial services group in a week to warn of the ill effects ...
The comments of St George's Gail Kelly that the regional bank is not really interested in expanding by acquisition is a little disappointing to investors in Suncorp-Metway. But speculation persists ...
New Suncorp-Metway boss John Mulcahy has wasted no time in shaking up management, poaching a former colleague at Commonwealth Bank to head the group's small wealth management division. CBA's former ...
Suncorp was somewhere between ‘keen’ and ‘desperate’ to sell what used to be known as its Metway banking business. Sell it or see it shrivel. Post-GFC, post-Covid, and most critically post-Hayne Royal ...
Suncorp-Metway doubled to AUS$1bn ($850m) an issue of residential mortgage-backed bonds as growing demand from investors pushed down the cost to the seller to the least this year. The main class of ...
Suncorp Metway looks like being the first major Australian financial group to slash dividends to preserve capital as questions are raised about how it has managed to fund more than half its $3 billion ...
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