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Cameron Clyne

BNZ Core Bank Earnings Down, Institutional Earnings Up

BNZ Core Bank Earnings Down, Institutional Earnings Up
Wellington, Oct 28 NZPA - Earnings are down in Bank of New Zealand's core New Zealand banking business but the institutional business had a bumper year, care of volatile financial markets.

BNZ Core Ops Cash Earnings Down 12.9 Pct Year-on-year

BNZ Core Ops Cash Earnings Down 12.9 Pct Year-on-year
Wellington, Oct 28 NZPA - Bank BNZ reported a 12.9 percent drop year-on-year in reported cash earnings to $420 million for its core NZ Banking operations.

NAB Raises Capital, Sees NZ Economy Stabilising

NAB Raises Capital, Sees NZ Economy Stabilising
Wellington, July 22 NZPA - National Australia Bank Ltd today cited the tax case it lost in New Zealand as a reason for raising new capital and said there are signs that the New Zealand economy is starting to stabilise.

Job Losses Expected At BNZ But Not In Today's Strategy Update

Job Losses Expected At BNZ But Not In Today's Strategy Update
Wellington, March 12 NZPA - Job losses are expected at Bank of New Zealand but they were not signalled in a strategy update by parent National Australia Bank (NAB) today.

Australia's NAB Put On Trading Halt Amid Redundancies Fears

Australia's NAB Put On Trading Halt Amid Redundancies Fears
Wellington, March 12 NZPA - Australia's National Australia Bank Ltd has been placed on trading halt at its own request, the New Zealand stock exchange said. The company is expected to give an update on its business strategy later in the day.

Finsec To Fight Any Job Losses At BNZ

Finsec To Fight Any Job Losses At BNZ
Wellington, March 11 NZPA - Finance workers' union Finsec will call on the Government to save any jobs cut in an expected announcement by Bank of New Zealand tomorrow.

Customer-Facing Jobs At NAB Set To Be Trimmed In NZ - Newspaper

Customer-Facing Jobs At NAB Set To Be Trimmed In NZ - Newspaper
Wellington, March 11 NZPA - Job cuts to be announced tomorrow by Australia's National Australia Bank -- which owns the Bank of New Zealand -- will be "deep" and "across the board", according to Australian media reports.

NAB Reported To Be Eyeing NZ Contractors In Job Cuts

NAB Reported To Be Eyeing NZ Contractors In Job Cuts
Wellington, March 6 NZPA - Hundreds of workers at National Australia Bank -- possibly including contract workers in New Zealand -- may face the chop next week when the bank unveils its new strategy to battle the financial crisis.

BNZ Annual Underlying Net Profit Rises 9 Pct

Wellington, Oct 21 NZPA - Bank of New Zealand boosted underlying annual net profit by 9 percent to $657 million, but warned that provisions had increased for impaired loans.

Clyne's New Paypacket In Melbourne May Approach $10 Million

Wellington, July 31 NZPA - Bank of New Zealand chief executive Cameron Clyne, 40, will take up his new role as head of Australasia's biggest lender, the Melbourne-based National Australia Bank at the start of next year.

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