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 said its chief executive had stepped aside as the Australian financial services group announced ...

Suncorp-Metway has dropped its interest rates by 0.8 of a percentage point after yesterday's decision by the Reserve Bank to cut the official cash rate by a full point. The Queensland-based banking ...

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 ...

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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 ...

Moody's has upgraded its credit ratings for Suncorp Metway, though it said the $1.3 billion it paid last year for GIO might have been a high price. The purchase of GIO last year from AMP made the ...

General opinion has it that income securities fell from favour in the aftermath of the credit crisis, the genesis of which was around the middle of last year. For us, that point was reached at least ...

Suncorp Group chairman Christine McLoughlin and CEO Steve Johnston are desperate to sell their banking arm and ANZ boss Shayne Elliott is desperate to buy it. Here’s why. Suncorp was somewhere between ...