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Archive for the Banking & Finance Category
Takeover Time?

The St George and Bankwest residential lending levels have been outstanding since the respective Westpac Bank and Commonwealth Bank takeovers, raising the question: should the big four be able to consume more Tier 2 banks?

The Bankwest mortgage book jumped 23.7%, or…

Sunburnt Goldmans

Has Goldman Sachs experienced its Icarus moment of flying too close to the sun? The investment bank appeared, to the envy of its rivals, to have flourished amid the chaos of the global financial crisis, but has it been a…

Retirement Uncertainty

The next UK general election, now confirmed for May 6th, will be important for a number of reasons.

Firstly, it could be a watershed. After the Conservatives won power in 1979, the UK had 18 years of Tory government, followed by 13…

Cash Grab

The old saying that you have to spend money to make money is clearly evident in the UK right now with the annual Cash ISA season in full swing.

The astounding amount of money being shovelled out to advertising agencies and media promoting…

Teenage Girl Index

All of the banks and building societies in Australia, from the giants of Commonwealth and the Westpac to the tiny regional building societies are in a desperate battle to be popular.

Like girls at a year 11 formal, they are all…

Subsidiary Brand Success

St George and Bankwest have defied sceptics by continuing to acquire retail customers post their respective takeovers by Westpac and CBA.

Many banking pundits at the time of the mergers forecast a customer exodus from the St George and Bankwest brands…

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